Proceedings of the 4th Management Science Informatization and Economic Innovation Development Conference, MSIEID 2022, December 9-11, 2022, Chongqing, China

Research Article

An Empirical Study on the Impact of Patent Policy on Enterprise Technological Innovation

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  • @INPROCEEDINGS{10.4108/eai.9-12-2022.2327697,
        author={Shiyue  Song and Yan  Yu and Lu  Zhang},
        title={An Empirical Study on the Impact of Patent Policy on Enterprise Technological Innovation},
        proceedings={Proceedings of the 4th Management Science Informatization and Economic Innovation Development Conference, MSIEID 2022, December 9-11, 2022, Chongqing, China},
        publisher={EAI},
        proceedings_a={MSIEID},
        year={2023},
        month={3},
        keywords={patent funding patent protection technological innovation error correction model},
        doi={10.4108/eai.9-12-2022.2327697}
    }
    
  • Shiyue Song
    Yan Yu
    Lu Zhang
    Year: 2023
    An Empirical Study on the Impact of Patent Policy on Enterprise Technological Innovation
    MSIEID
    EAI
    DOI: 10.4108/eai.9-12-2022.2327697
Shiyue Song1, Yan Yu1,*, Lu Zhang1
  • 1: Wuhan University of Technology
*Contact email: Belldandy0504@163.com

Abstract

The funding and protection of patents in the national patent policy is a major incentive for enterprises to carry out technological innovation. Based on the data of the National Bureau of statistics from 2001 to 2020, this paper makes an empirical analysis on the impact of patent funding and protection policies on enterprise technological innovation. In this paper, the time series data are used to pass the unit root test and cointegration test, and the regression results and conclusions are obtained by using the error correction model. Government funding has an obvious positive correlation effect on the generation of patents, and it has an incentive effect on improving the innovation performance of enterprises; while the government protection policy has strengthened the investigation and handling of patent infringement cases, and the practice of increasing patent protection is affected by internal factors and the complexity of the patent market. The impact of this policy did not produce a good policy effect.