Does Higher Education Promote Firm Innovation in China?
| Autor: | Xia Pan, Yuning Gao, Dong Guo, Wenyin Cheng |
|---|---|
| Jazyk: | angličtina |
| Rok vydání: | 2020 |
| Předmět: |
Labour economics
Higher education media_common.quotation_subject Geography Planning and Development TJ807-830 Management Monitoring Policy and Law TD194-195 Renewable energy sources Empirical research 0502 economics and business Quality (business) GE1-350 050207 economics Dimension (data warehouse) China media_common state-owned enterprises high-tech industry 050208 finance Endogenous growth theory Environmental effects of industries and plants Renewable Energy Sustainability and the Environment business.industry 05 social sciences High tech innovation Environmental sciences elite higher education higher education Elite business |
| Zdroj: | Sustainability, Vol 12, Iss 7326, p 7326 (2020) Sustainability Volume 12 Issue 18 |
| ISSN: | 2071-1050 |
| Popis: | Endogenous growth theories have underpinned the pivotal role of education in innovation. However, our empirical study uncovers a mixed effect of higher education on firm innovation in China. Using Chinese Patent Census Data, a unique dataset, this paper is able to quantify innovation in China by incorporating a quality dimension for the first time. By merging the patent data with the Chinese Industrial Enterprise Database and province-level data on education, we find that the number of higher education institutions has a negative impact on firm-level innovation. However, the quantity of elite higher education institutions at the provincial level exerts a positive impact on firm innovation. In addition, heterogeneity analyses show that the effect of elite higher education on firm innovation is significantly positive for privately owned enterprises, but insignificant for state- and foreign-owned enterprises. Furthermore, the positive effect of elite higher education on innovation in high-tech industries is larger than in other industries. |
| Databáze: | OpenAIRE |
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