Please wait a minute...
Frontiers of Economics in China

ISSN 1673-3444

ISSN 1673-3568(Online)

CN 11-5744/F

Postal Subscription Code 80-978

Front Econ Chin    2012, Vol. 7 Issue (2) : 218-245    https://doi.org/10.3868/s060-001-012-0010-9
research-article |
Does Innovation Matter for Chinese High-Tech Exports? A Firm-Level Analysis
Dahai Fu1(), Yanrui Wu2(), Yihong Tang3()
1. UWA Business School, University of Western Australia, Crawley, WA6009, Australia; 2. UWA Business School, University of Western Australia, Crawley, WA6009, Australia; 3. School of International Trade and Economics, Central University of Finance and Economics, Beijing 100081, China
 Download: PDF(798 KB)   HTML
 Export: BibTeX | EndNote | Reference Manager | ProCite | RefWorks
Abstract

This paper investigates the impact of innovation on export decisions of Chinese high-tech firms during the period of 2005–2007. Using a parametric, instrumental variable approach and a non-parametric matching method, we find that firm-level innovation efforts, measured by R&D spending and new product output, play only a minor role for domestic exporters. Foreign-invested firms dominate the high-tech exports but do not rely on indigenous innovation activities. These results demonstrate that the success of Chinese high-tech exports does not result from heavy R&D expenditure and technological progress. Moreover, different types of innovation measures show different impacts on the likelihood of exporting. The impacts of innovation on exporting vary widely across industries and Chinese regions.

Keywords exports      innovation      high technology      China     
Corresponding Authors: Dahai Fu,Email:dahai.fu@yahoo.com; Yanrui Wu,Email:yanrui.wu@uwa.edu.au; Yihong Tang,Email:tangyihong@cufe.edu.cn   
Issue Date: 05 June 2012
 Cite this article:   
Dahai Fu,Yanrui Wu,Yihong Tang. Does Innovation Matter for Chinese High-Tech Exports? A Firm-Level Analysis[J]. Front Econ Chin, 2012, 7(2): 218-245.
 URL:  
http://academic.hep.com.cn/fec/EN/10.3868/s060-001-012-0010-9
http://academic.hep.com.cn/fec/EN/Y2012/V7/I2/218
[1] Hongzhong Yan, Zhijian Qiao, Chen Xu. A Multi-Layer System and Its Features: Reconceptualizing the Monetary Regime of Late Qing and Modern China[J]. Front. Econ. China, 2018, 13(3): 436-457.
[2] Yi Xu, Bas van Leeuwen, Jan Luiten van Zanden. Urbanization in China, ca. 1100–1900[J]. Front. Econ. China, 2018, 13(3): 322-368.
[3] Jinsong Zhao, Hao Pang. Surviving Unstable Property Rights in Early Modern China: A Case Study of Young Brother Bank[J]. Front. Econ. China, 2018, 13(3): 505-530.
[4] Joseph E. Stiglitz. Rethinking Globalization in the Trump Era: US-China Relations[J]. Front. Econ. China, 2018, 13(2): 133-146.
[5] Shiqiang Li. Decision Making and Ability: An Explanation of Elitism in China’s Government[J]. Front. Econ. China, 2017, 12(4): 635-659.
[6] Marlies Schütz, Han Li, Nicole Palan. Are Central and Western Chinese Provinces Catching up with the East? An Empirical Analysis of Convergence Processes across China[J]. Front. Econ. China, 2017, 12(4): 571-606.
[7] Lihui Wang, Junyi Shen. Examining the Factors Affecting Personal Income: An Empirical Study Based on Survey Data in Chinese Cities[J]. Front. Econ. China, 2017, 12(4): 515-544.
[8] Heinz D. Kurz. Technical Progress and the Diffusion of Innovations: Classical and Schumpeterian Perspectives[J]. Front. Econ. China, 2017, 12(3): 418-449.
[9] Zhiqi Chen. Product Market Competition and Innovation: What Can We Learn from Economic Theory?[J]. Front. Econ. China, 2017, 12(3): 450-464.
[10] Yinxing Hong, Yao Lu, Jianghuai Zheng. Industrialized Innovation: The Connection of Science & Technology Innovation with Industrial Innovation[J]. Front. Econ. China, 2017, 12(3): 400-417.
[11] William Charles Sawyer, Kiril Tochkov, Wenting Yu. Regional and Sectoral Patterns and Determinants of Comparative Advantage in China[J]. Front. Econ. China, 2017, 12(1): 7-36.
[12] Binlei Gong. Improving the Accuracy of Estimated Returns to Education in China—Based on Employment Rate, Career Length, and Income Growth[J]. Front. Econ. China, 2017, 12(1): 113-131.
[13] Steven Globerman. A Policy Perspective on Outward Foreign Direct Investment by Chinese State-Owned Enterprises[J]. Front. Econ. China, 2016, 11(4): 537-547.
[14] Yafang Yu. Testing Commitment Models of Monetary Policy in China[J]. Front. Econ. China, 2016, 11(4): 668-693.
[15] Matthieu Clément. Income Mobility and Income Inequality in Rural China[J]. Front. Econ. China, 2016, 11(4): 608-634.
Viewed
Full text


Abstract

Cited

  Shared   
  Discussed