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The faster the better? Economic effects of the speed of inter‐city technology transfer in China
Author(s) -
Duan Dezhong,
Du Debin,
Grimes Seamus
Publication year - 2019
Publication title -
growth and change
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.657
H-Index - 55
eISSN - 1468-2257
pISSN - 0017-4815
DOI - 10.1111/grow.12309
Subject(s) - china , transfer (computing) , panel data , technology transfer , scale (ratio) , econometrics , economics , empirical evidence , economic geography , demographic economics , computer science , geography , international trade , cartography , archaeology , parallel computing , philosophy , epistemology
Although existing studies questioned the simple positive correlation between the technology transfer speed and the benefits, they have been widely condemned for lacking empirical evidence. Using the patent transfer data at the city scale in China, and distinguishing fast from slow by dividing technology transfer speed into four levels, this paper attempts to answer the question in terms of city economic growth, which is whether the faster is the better. Panel regression results show that for economic growth of city, the speed of technology transfer does not mean that faster is better. In other words, technology transfer maintaining a relatively rapid speed (more than 1 year and less than 2 years) can promote city economic growth, although the evidence is weak.