IDEAS home Printed from https://ideas.repec.org/a/wly/mgtdec/v43y2022i8p3338-3347.html
   My bibliography  Save this article

State‐owned industrial enterprises' non‐R&D innovation and regional total factor productivity: An analysis based on the panel co‐integration method

Author

Listed:
  • Zhouyi Wu
  • Chuncao Wang
  • Bin He
  • Siying Yang

Abstract

State‐owned industrial enterprises' (SOIEs') non‐R&D innovation activities have been ignored by scholars. Using panel data on the regions of China, this paper examines the impact of non‐R&D innovation by SOIEs on regional total factor productivity (TFP) with panel Co‐integration and a panel vector error correction (VEC) model. The results show that SOIEs' non‐R&D innovation is important for economic growth, and different types of non‐R&D innovations have heterogeneous effects on regional TFP. Foreign technology acquisition (FTA) has more positive long‐term and short‐term impacts on regional TFP than do R&D expenditures. Technology assimilation (TA) improves regional TFP, but the effect of R&D expenditures on innovation is higher than that of TA in the eastern region. Domestic technology purchases (DTPs) have no significant impact on regional TFP in the central and western regions and even have a negative effect in the eastern region. Technology transformation (TT) has a stronger long‐term positive effect on regional TFP than R&D expenditures, but R&D innovation has a stronger short‐term positive effect than TT. We examine the impact of SOIEs' non‐R&D innovation on regional economic efficiency and, to a degree, identify the source of its effect on innovation. This study emphasizes the critical function of technology diffusion in fostering economic efficiency.

Suggested Citation

  • Zhouyi Wu & Chuncao Wang & Bin He & Siying Yang, 2022. "State‐owned industrial enterprises' non‐R&D innovation and regional total factor productivity: An analysis based on the panel co‐integration method," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 43(8), pages 3338-3347, December.
    • Handle: RePEc:wly:mgtdec:v:43:y:2022:i:8:p:3338-3347
    DOI: 10.1002/mde.3598
    as

    Download full text from publisher

    File URL: https://doi.org/10.1002/mde.3598
    Download Restriction: no
    File URL: https://libkey.io/10.1002/mde.3598?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Hong Gong & Shan Peng, 2018. "Effects of patent policy on innovation outputs and commercialization: evidence from universities in China," Scientometrics, Springer;Akadémiai Kiadó, vol. 117(2), pages 687-703, November.
    2. Cao, Xiaping & Cumming, Douglas & Zhou, Sili, 2020. "State ownership and corporate innovative efficiency," Emerging Markets Review, Elsevier, vol. 44(C).
    3. Joakim Westerlund, 2007. "Testing for Error Correction in Panel Data," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 69(6), pages 709-748, December.
    4. Peters, Bettina & Lööf, Hans & Janz, Norbert, 2003. "Firm Level Innovation and Productivity: Is there a Common Story Across Countries?," ZEW Discussion Papers 03-26, ZEW - Leibniz Centre for European Economic Research.
    5. Rachel Griffith & Elena Huergo & Jacques Mairesse & Bettina Peters, 2006. "Innovation and Productivity Across Four European Countries," Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited, vol. 22(4), pages 483-498, Winter.
    6. Bronzini, Raffaello & Piselli, Paolo, 2009. "Determinants of long-run regional productivity with geographical spillovers: The role of R&D, human capital and public infrastructure," Regional Science and Urban Economics, Elsevier, vol. 39(2), pages 187-199, March.
    7. M. Hashem Pesaran, 2007. "A simple panel unit root test in the presence of cross-section dependence," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 22(2), pages 265-312.
    8. Zheng WEI & Rui HAO, 2011. "The Role Of Human Capital In China'S Total Factor Productivity Growth: A Cross‐Province Analysis," The Developing Economies, Institute of Developing Economies, vol. 49(1), pages 1-35, March.
    9. Akihiro Otsuka, 2017. "Regional determinants of total factor productivity in Japan: stochastic frontier analysis," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 58(3), pages 579-596, May.
    10. Diukanova, Olga & López-Rodríguez, Jesús, 2014. "Regional Impacts of non-R&D Innovation Expenditures across the EU Regions: Simulation Results Using the Rhomolo CGE Model," INVESTIGACIONES REGIONALES - Journal of REGIONAL RESEARCH, Asociación Española de Ciencia Regional, issue 29, pages 91-111.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Leogrande, Angelo & Costantiello, Alberto & Laureti, Lucio, 2022. "The Role of Non-R&D Expenditures in Promoting Innovation in Europe," MPRA Paper 114526, University Library of Munich, Germany.
    2. Haiyan Deng & Ge Bai & Kristiaan Kerstens & Zhiyang Shen, 2023. "Comparing green productivity under convex and nonconvex technologies: Which is a robust approach consistent with energy structure?," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 44(8), pages 4377-4394, December.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Nair, Mahendhiran & Pradhan, Rudra P. & Arvin, Mak B., 2020. "Endogenous dynamics between R&D, ICT and economic growth: Empirical evidence from the OECD countries," Technology in Society, Elsevier, vol. 62(C).
    2. Yao, Yao & Ivanovski, Kris & Inekwe, John & Smyth, Russell, 2019. "Human capital and energy consumption: Evidence from OECD countries," Energy Economics, Elsevier, vol. 84(C).
    3. Teimuraz Gogokhia & George Berulava, 2021. "Business environment reforms, innovation and firm productivity in transition economies," Eurasian Business Review, Springer;Eurasia Business and Economics Society, vol. 11(2), pages 221-245, June.
    4. Nicholas M. Odhiambo & Talknice Saungweme, "undated". "Does International Tourism Spur International Trade In Ssa Countries? A Dynamic Panel Data Analysis," Working Papers AESRI07, African Economic and Social Research Institute (AESRI).
    5. Mehmet Balcilar & Daberechi Chikezie Ekwueme & Hakki Ciftci, 2023. "Assessing the Effects of Natural Resource Extraction on Carbon Emissions and Energy Consumption in Sub-Saharan Africa: A STIRPAT Model Approach," Sustainability, MDPI, vol. 15(12), pages 1-23, June.
    6. Ehigiamusoe, Kizito Uyi & Lean, Hooi Hooi & Smyth, Russell, 2020. "The moderating role of energy consumption in the carbon emissions-income nexus in middle-income countries," Applied Energy, Elsevier, vol. 261(C).
    7. Muhammad Shahbaz & Syed Jawad Hussain Shahzad & Mantu Kumar Mahalik & Perry Sadorsky, 2018. "How strong is the causal relationship between globalization and energy consumption in developed economies? A country-specific time-series and panel analysis," Applied Economics, Taylor & Francis Journals, vol. 50(13), pages 1479-1494, March.
    8. Saadaoui, Jamel, 2012. "Global Imbalances: Should We Use Fundamental Equilibrium Exchange Rates?," MPRA Paper 42554, University Library of Munich, Germany.
    9. Polemis, Michael & Tselekounis, Markos, 2019. "Does deregulation drive innovation intensity? Lessons learned from the OECD telecommunications sector," MPRA Paper 92770, University Library of Munich, Germany.
    10. Lanre Ibrahim, Ridwan & Bello Ajide, Kazeem & Usman, Muhammad & Kousar, Rakhshanda, 2022. "Heterogeneous effects of renewable energy and structural change on environmental pollution in Africa: Do natural resources and environmental technologies reduce pressure on the environment?," Renewable Energy, Elsevier, vol. 200(C), pages 244-256.
    11. Nusair, Salah A., 2019. "Oil price and inflation dynamics in the Gulf Cooperation Council countries," Energy, Elsevier, vol. 181(C), pages 997-1011.
    12. Aladejare, Samson Adeniyi, 2022. "Natural resource rents, globalisation and environmental degradation: New insight from 5 richest African economies," Resources Policy, Elsevier, vol. 78(C).
    13. Chen, Liang & Guo, Yirong, 2023. "The drivers of sustainable development: Natural resources extraction and education for low-middle- and high-income countries," Resources Policy, Elsevier, vol. 86(PB).
    14. Usman, Muhammad & Makhdum, Muhammad Sohail Amjad, 2021. "What abates ecological footprint in BRICS-T region? Exploring the influence of renewable energy, non-renewable energy, agriculture, forest area and financial development," Renewable Energy, Elsevier, vol. 179(C), pages 12-28.
    15. Li, Tianyu & Yue, Xiao-Guang & Waheed, Humayun & Yıldırım, Bilal, 2023. "Can energy efficiency and natural resources foster economic growth? Evidence from BRICS countries," Resources Policy, Elsevier, vol. 83(C).
    16. Gautam, Tej K. & Paudel, Krishna P., 2018. "The demand for natural gas in the Northeastern United States," Energy, Elsevier, vol. 158(C), pages 890-898.
    17. Sampene, Agyemang Kwasi & Li, Cai & Wiredu, John, 2024. "An outlook at the switch to renewable energy in emerging economies: The beneficial effect of technological innovation and green finance," Energy Policy, Elsevier, vol. 187(C).
    18. Li, Xuelin & Yang, Lin, 2023. "Natural resources, remittances and carbon emissions: A Dutch Disease perspective with remittances for South Asia," Resources Policy, Elsevier, vol. 85(PB).
    19. Francisco García-Lillo & Eduardo Sánchez-García & Bartolomé Marco-Lajara & Pedro Seva-Larrosa, 2023. "Renewable Energies and Sustainable Development: A Bibliometric Overview," Energies, MDPI, vol. 16(3), pages 1-22, January.
    20. Usman, Muhammad & Khalid, Khaizran & Mehdi, Muhammad Abuzar, 2021. "What determines environmental deficit in Asia? Embossing the role of renewable and non-renewable energy utilization," Renewable Energy, Elsevier, vol. 168(C), pages 1165-1176.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:wly:mgtdec:v:43:y:2022:i:8:p:3338-3347. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Wiley Content Delivery (email available below). General contact details of provider: http://www3.interscience.wiley.com/cgi-bin/jhome/7976 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.