Intellectual returnees as drivers of indigenous innovation: Evidence from the Chinese photovoltaic industry

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10 Scopus citations

Abstract

We offer new evidence on indigenous innovation and intellectual returnees by estimating the relationship between patenting activity by Chinese photovoltaic firms and the presence of corporate leaders with international experience. Our research approach combines data from three sources: the industrial census, international and domestic patent records, and leadership biographical information. Using non-linear methods, we find robust evidence that returnees positively influence patenting activity and promote neighbouring firm innovation. Our analysis suggests that market liberalisation and industry policy influence patent application counts. Controlling for R&D expenditures, we find that firms with returnees in leadership roles do more patenting.

Original languageEnglish (US)
Pages (from-to)2424-2454
Number of pages31
JournalWorld Economy
Volume40
Issue number11
DOIs
StatePublished - Nov 2017

Keywords

  • China
  • innovation
  • intellectual returnees
  • international technology transfer
  • patents
  • photovoltaic

ASJC Scopus subject areas

  • Accounting
  • Finance
  • Economics and Econometrics
  • Political Science and International Relations

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