Innovation Responses of Japanese Firms to Chinese Import Competition

Innovation Responses of Japanese Firms to Chinese Import Competition
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日本企业对中国进口竞争的创新应对

DOI:
10.1111/twec.12843
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发表时间:
2020
期刊:
ERN: Other Econometrics: Applied Econometric Modeling in International Economics (Topic)
影响因子:
--
通讯作者:
I. Yamauchi
I. Yamauchi
中科院分区:
--
文献类型:
--
作者:
N. Yamashita;I. Yamauchi

文献摘要

被引文献

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本文考察了1994-2009年期间日本企业对来自中国的进口竞争加剧的创新反应。我们建立了一个全面的企业级数据集,将包括专利申请和研发(R&D)在内的创新活动与中国进口竞争的跨行业措施联系起来。仔细考虑创新和进口之间的异质性偏差以及企业之间可能的异质性效应,发现企业申请更多的专利,以应对来自中国的进口竞争加剧。然而,这种影响只对一组全球参与的公司明显。与此同时,中国的进口竞争对创新的质量产生了不利影响。总体而言,更多关注国内市场的企业感受到了中国进口竞争的大部分,这也反映在它们的研发努力下降上。
This paper examines innovation response of a panel of Japanese firms to the intensified import competition from China for the period 1994-2009. We build a comprehensive firm-level dataset linking innovation activities including patenting and research and development (R&D) merged to cross-industry measures of Chinese import competition. Carefully accounting for a simultaneity bias between innovation and importing and the possible heterogeneous effects across firms, it is found that firms filed for more patents in response to increased import competition from China. However, this effect is only evident for a group of globally engaged firms. At the same time, Chinese import competition has adversely affected the quality of innovation as measured by citations. Overall, firms with a more domestic market focus are the ones who have felt most of the Chinese import competition, which is also reflected in their declined R&D efforts.