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Intellectual Property Rights Protection, Ownership, and Innovation: Evidence from China

Listed author(s):
  • Lily Fang
  • Josh Lerner
  • Chaopeng Wu

Using a difference-in-difference approach, we study how intellectual property right (IPR) protection affects innovation in China in the years around the privatizations of state-owned enterprises (SOEs). Innovation increases after SOE privatizations, and this increase is larger in cities with strong IPR protection. Our results support theoretical arguments that IPR protection strengthens firms’ incentives to innovate and that private sector firms are more sensitive to IPR protection than SOEs.

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Paper provided by National Bureau of Economic Research, Inc in its series NBER Working Papers with number 22685.

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Date of creation: Sep 2016
Handle: RePEc:nbr:nberwo:22685
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