TY - JOUR
T1 - Impact of Government Policies on Research and Development (R&D) Investment, Innovation, and Productivity
T2 - Evidence from Pesticide Firms in China
AU - Hu, Ruifa
AU - Yu, Changxin
AU - Jin, Yanhong
AU - Pray, Carl
AU - Deng, Haiyan
N1 - Publisher Copyright:
© 2022 by the authors. Licensee MDPI, Basel, Switzerland.
PY - 2022/5
Y1 - 2022/5
N2 - China’s pesticide industry has played an important role in the growth of agricultural productivity in both China and worldwide, but its development is hampered by production inefficiency and the lack of innovation of active ingredients. To improve innovation and the productivity of the pesticide industry, the Chinese government has implemented a series of policies to stimulate private research and development (R&D) and firm innovation. Using the firm-level panel data of the Annual Survey of Industrial Firms (ASIF) collected by the National Bureau of Statistics in 2001–2007, this study examines the linkages between R&D investment, innovation, and productivity with a focus on the role of government policies. The results show that pesticide firms with a higher intensity of R&D investment were associated with a higher patent intensity, and more innovated firms were associated with a higher productivity. Public research, intellectual property enforcement, production subsidy, foreign direct investment (FDI), and being export oriented were positively associated with the innovation and productivity of pesticide firms.
AB - China’s pesticide industry has played an important role in the growth of agricultural productivity in both China and worldwide, but its development is hampered by production inefficiency and the lack of innovation of active ingredients. To improve innovation and the productivity of the pesticide industry, the Chinese government has implemented a series of policies to stimulate private research and development (R&D) and firm innovation. Using the firm-level panel data of the Annual Survey of Industrial Firms (ASIF) collected by the National Bureau of Statistics in 2001–2007, this study examines the linkages between R&D investment, innovation, and productivity with a focus on the role of government policies. The results show that pesticide firms with a higher intensity of R&D investment were associated with a higher patent intensity, and more innovated firms were associated with a higher productivity. Public research, intellectual property enforcement, production subsidy, foreign direct investment (FDI), and being export oriented were positively associated with the innovation and productivity of pesticide firms.
KW - China
KW - government policy
KW - innovation
KW - pesticide firms
KW - productivity
UR - http://www.scopus.com/inward/record.url?scp=85130701403&partnerID=8YFLogxK
U2 - 10.3390/agriculture12050709
DO - 10.3390/agriculture12050709
M3 - Article
AN - SCOPUS:85130701403
SN - 2077-0472
VL - 12
JO - Agriculture (Switzerland)
JF - Agriculture (Switzerland)
IS - 5
M1 - 709
ER -
