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Patent Propensity in Small Technologybased Firms: Evidence from Zhongguancun Science Park
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,...
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Published in: | China & world economy 2010 (1), p.99-116 |
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Main Author: | |
Format: | Article |
Language: | English |
Subjects: | |
Online Access: | Get full text |
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Summary: | 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. |
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ISSN: | 1671-2234 1749-124X |