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Why do Chinese enterprises make imitative innovation?—An empirical explanation based on government subsidies

The previous literature analyzed the widespread imitative innovation of Chinese enterprises from various perspectives, including enterprises' rational choice of cost-gain, property rights system, human capital and policy environment. However, this paper provides a brand-new perspective on gover...

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Detalles Bibliográficos
Autores principales: Song, Feifei, Zhao, Changheng
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Frontiers Media S.A. 2022
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9511112/
https://www.ncbi.nlm.nih.gov/pubmed/36172242
http://dx.doi.org/10.3389/fpsyg.2022.802703
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author Song, Feifei
Zhao, Changheng
author_facet Song, Feifei
Zhao, Changheng
author_sort Song, Feifei
collection PubMed
description The previous literature analyzed the widespread imitative innovation of Chinese enterprises from various perspectives, including enterprises' rational choice of cost-gain, property rights system, human capital and policy environment. However, this paper provides a brand-new perspective on government subsidies for the reasons behind the imitative innovation of enterprises. According to the statistics from Chinese enterprise-labor matching, we found that government subsidies stimulated enterprises to make “imitative innovation” through patent purchase rather than independent R&D. Government subsidies were used for low-risk “imitative innovation” because of enterprises' rent-seeking behavior, low R&D ability and the review of government subsidy projects. Based on the above conclusions, this paper suggests that the government should reduce or withdraw its intervention in enterprise innovation and implement the post-subsidy and post-evaluation mechanism for government-subsidized programs.
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spelling pubmed-95111122022-09-27 Why do Chinese enterprises make imitative innovation?—An empirical explanation based on government subsidies Song, Feifei Zhao, Changheng Front Psychol Psychology The previous literature analyzed the widespread imitative innovation of Chinese enterprises from various perspectives, including enterprises' rational choice of cost-gain, property rights system, human capital and policy environment. However, this paper provides a brand-new perspective on government subsidies for the reasons behind the imitative innovation of enterprises. According to the statistics from Chinese enterprise-labor matching, we found that government subsidies stimulated enterprises to make “imitative innovation” through patent purchase rather than independent R&D. Government subsidies were used for low-risk “imitative innovation” because of enterprises' rent-seeking behavior, low R&D ability and the review of government subsidy projects. Based on the above conclusions, this paper suggests that the government should reduce or withdraw its intervention in enterprise innovation and implement the post-subsidy and post-evaluation mechanism for government-subsidized programs. Frontiers Media S.A. 2022-09-12 /pmc/articles/PMC9511112/ /pubmed/36172242 http://dx.doi.org/10.3389/fpsyg.2022.802703 Text en Copyright © 2022 Song and Zhao. https://creativecommons.org/licenses/by/4.0/This is an open-access article distributed under the terms of the Creative Commons Attribution License (CC BY). The use, distribution or reproduction in other forums is permitted, provided the original author(s) and the copyright owner(s) are credited and that the original publication in this journal is cited, in accordance with accepted academic practice. No use, distribution or reproduction is permitted which does not comply with these terms.
spellingShingle Psychology
Song, Feifei
Zhao, Changheng
Why do Chinese enterprises make imitative innovation?—An empirical explanation based on government subsidies
title Why do Chinese enterprises make imitative innovation?—An empirical explanation based on government subsidies
title_full Why do Chinese enterprises make imitative innovation?—An empirical explanation based on government subsidies
title_fullStr Why do Chinese enterprises make imitative innovation?—An empirical explanation based on government subsidies
title_full_unstemmed Why do Chinese enterprises make imitative innovation?—An empirical explanation based on government subsidies
title_short Why do Chinese enterprises make imitative innovation?—An empirical explanation based on government subsidies
title_sort why do chinese enterprises make imitative innovation?—an empirical explanation based on government subsidies
topic Psychology
url https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9511112/
https://www.ncbi.nlm.nih.gov/pubmed/36172242
http://dx.doi.org/10.3389/fpsyg.2022.802703
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