Sun, Sizhong, and Anwar, Sajid (2014) Do food processing firms in China innovate? In: [Presented at the International Conference of the Chinese Economics Society Australia (CESA) and the Chinese Academy of Social Sciences]. From: Deepening Reform for China's Long-Term Growth and Development: the role of rural development, 11-12 December 2014, Beijing, China. (Unpublished)

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Abstract

This paper explores firm R&D and product innovation in three food processing industries in China from 2005 to 2007. It is found that both R&D intensity and product innovation are at low levels in all three industries, while relatively the product innovation is at a higher level than the R&D intensity. Nevertheless, in the dimension of time trend, the product innovation does not display a clear upward time trend, while in contrast the R&D intensity appears to trend upwards. In addition, we further quantify the impacts of R&D and firm attributes on product innovation. We find that R&D can generate significantly positive impact, and firm size and exporting intensity generally exert positive impacts as well. Additionally, firm attributes have different impacts on firm product innovation in different industries. Given these findings, policies that encourage R&D, firm growth, and exporting are likely to result in achieving a higher level of product innovation. Besides, policies that are industry targeted will be more effective than policies of one fitting all.

Item ID:	53042
Item Type:	Conference Item (Scholarly Work)
Related URLs:	https://researchonline.jcu.edu.au/53039/
Additional Information:	This paper has subsequently been published as Sun, Sizhong, and Anwar, Sajid (2018) Product innovation in China’s food processing industries. Journal of Economics and Finance. (In Press) and can be accessed through ResearchOnline@JCU at the related URL.
Date Deposited:	04 Apr 2018 23:45
FoR Codes:	14 ECONOMICS > 1402 Applied Economics > 140209 Industry Economics and Industrial Organisation @ 40% 14 ECONOMICS > 1402 Applied Economics > 140201 Agricultural Economics @ 60%
SEO Codes:	91 ECONOMIC FRAMEWORK > 9102 Microeconomics > 910210 Production @ 100%
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