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| Quantitative Analysis of Impact of Intellectual Property Protection on Chinese Growing Innovative Enterprises Independent Innovation |
| School of Economics, Shanghai University, Shanghai 200044, China |
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Abstract Abstract：This paper quantitatively analyzes the impact of intellectual property protection on growing innovative enterprises technological innovation through the empirical research on 2009-2014 panel data of the GEM listed companies. From the perspective of innovation input, improving the level of intellectual property protection would significantly increase the R&D capital input of the growing innovative enterprises; increasing government subsidy funding will further strengthen R&D input increased due to the improved protection of intellectual property; the more profits, the greater size, the higher debt level will lead to a strengthening of the positive role in promoting innovation input caused by the improved protection of intellectual property. From the perspective of innovation output, strengthening intellectual property protection can improve the enterprises to promote the output of patents, but suppress the utility model patent output in Beijing, Shanghai, Tianjin, Guangdong, Zhejiang and Jiangsu. The increase of R&D capital investment, the increase of government subsidy, the improvement of profit level and the enlargement of enterprise scale will improve the positive effect of intellectual property protection on innovation output. The impact of the increase in the level of intellectual property protection on the number of applications for design was significantly negative.
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