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What Does China’s Rise in Patents Mean? A Look at Quality vs. Quantity

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  • Ana Maria Santacreu
  • Heting Zhu

Abstract

Using three measurements of patent quality, we argue that there is still room for China to improve its innovative activities. Comparing the number of patent applications and patent grants across countries, we see that although the United States and Japan have been global leaders in innovation for a long time, South Korea and China are catching up fast. If China sustains its large innovation investment and shifts its focus from quantity to quality, together with an improvement in intellectual property rights, the likelihood of becoming one of the next innovation leaders could be much higher.

Suggested Citation

  • Ana Maria Santacreu & Heting Zhu, 2018. "What Does China’s Rise in Patents Mean? A Look at Quality vs. Quantity," Economic Synopses, Federal Reserve Bank of St. Louis, issue 14, pages 1-2.
    • Handle: RePEc:fip:fedles:00110
    DOI: 10.20955/es.2018.14
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    Cited by:

    1. Yan Liu & Xuan Wang, 2023. "The impact of foreign direct investment on innovation at domestic firms: Evidence from the deregulation of foreign investment in China," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 56(2), pages 676-718, May.
    2. Liu,Yan-000529044 & Wang,Xuan, 2021. "The Impact of FDI on Domestic Firm Innovation : Evidence from Foreign Investment Deregulation in China," Policy Research Working Paper Series 9672, The World Bank.
    3. Ryota Nakatani, 2024. "Food companies' productivity dynamics: Exploring the role of intangible assets," Agribusiness, John Wiley & Sons, Ltd., vol. 40(1), pages 185-226, January.
    4. Thomas Scherngell & Charlotte Rohde & Martina Neuländtner, 2020. "The dynamics of global R&D collaboration networks in ICT: Does China catch up with the US?," PLOS ONE, Public Library of Science, vol. 15(9), pages 1-17, September.

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