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来源类型Working Paper
规范类型报告
DOI10.3386/w22879
来源IDWorking Paper 22879
Foreign Competition and Domestic Innovation: Evidence from U.S. Patents
David Autor; David Dorn; Gordon H. Hanson; Gary Pisano; Pian Shu
发表日期2016-12-05
出版年2016
语种英语
摘要The competitive shock to the U.S. manufacturing sector spurred by rising China import competition could either catalyze or stifle innovation. Using three distinct sources of variation to identify rising trade exposure, we provide a causal analysis of the effect of surging import competition on U.S. innovative activities. Applying a novel internet-based matching algorithm to map all U.S. utility patents granted by 2013 to firm-level data, and carefully accounting for the shifting concentration of patenting activity across sectors, we document a robust, negative impact of rising Chinese competition on firm-level and technology class-level patent production. Accompanying this fall in innovation, global employment, sales, profitability, and R&D expenditure all decline within trade-exposed firms. The trade-induced contraction along all margins of adjustment and for all measures of valuation suggest that the primary response of firms to greater import competition is to scale back their global operations.
主题International Economics ; Trade ; Globalization and International Relations ; Development and Growth ; Innovation and R& ; D
URLhttps://www.nber.org/papers/w22879
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/580553
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GB/T 7714
David Autor,David Dorn,Gordon H. Hanson,et al. Foreign Competition and Domestic Innovation: Evidence from U.S. Patents. 2016.
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