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| Intellectual Property Capacity，External Intellectual Property Intensity and the Growth of Firms |
| Chi Renyong;Pan Lipeng |
| The Technology Innovation and Enterprise Internationalization Research Center，Zhejiang University of Technology;College of Economy and Management,Zhejiang University of Technology,Hangzhou 310014,China |
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Abstract In the age of knowledge economic, intellectual property capacity is indispensable for the development of firm. Intellectual property capacity compose three dimensions of create, use and manage. This paper analyses the relationship between intellectual property capacity and the growth of firms. The regulation effect from external intellectual property intensity is tested. Through the empirical test of the data form computer application listed companies, the conclusion could be obtained that intellectual property capacity positive affect the growth of firms. And external intellectual property intensity could positive regulation the relationship between intellectual property capacity and the growth of firms.
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Received: 08 September 2015
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