Premium
Patent Propensity in Small Technology‐based Firms: Evidence from Zhongguancun Science Park
Author(s) -
Yang Delin,
Li Xibao,
Chen Jiagui
Publication year - 2010
Publication title -
china and world economy
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.815
H-Index - 28
eISSN - 1749-124X
pISSN - 1671-2234
DOI - 10.1111/j.1749-124x.2010.01183.x
Subject(s) - beijing , science park , disadvantage , intellectual property , business , china , marketing , industrial organization , economics , economic growth , political science , law , computer science , operating system
Using a survey administered in Zhongguancun Science Park in Beijing, China, this paper investigates the impact of R&D personnel‐related intellectual property management practices on the patent propensity of small technology‐based firms. It is found that R&D personnel‐related management practices, including training and reward mechanisms, are effective in enhancing a firm's willingness to patent. In particular, we find that reward mechanisms can negatively moderate the effect of size on a firm's willingness to patent. One implication that emerged from the analysis is that a small firm can counteract its size disadvantage in patenting by introducing a well‐developed reward mechanism.