Proceedings of the 2024 2nd International Conference on Management Innovation and Economy Development (MIED 2024)

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The Impact of Central Five-Year Plans and Local Five-Year Plans on the Number of Patent Applications

-------Based on listed manufacturing enterprises

Authors
Zhiqiang Liang1, *
1Shanghai University, Shanghai, China
*Corresponding author. Email: shandazhizi@qq.com
Corresponding Author
Zhiqiang Liang
Available Online 15 October 2024.
DOI
10.2991/978-94-6463-542-3_72How to use a DOI?
Keywords
Five-Year Plan; patents; central government; local government; agency theory
Abstract

The Chinese government emphasizes industrial upgrading and encourages technological innovation by enterprises. A series of policy documents have been issued by the Chinese government, and the five-year plans specify the government’s development direction. Enterprises in the catalog have received government support and consumed government resources, so it is necessary to analyze the impact of the government’s five-year plan on enterprise innovation. Both the central government’s five-year plan and the local government’s five-year plan have impact on enterprises, so it is necessary to analyze the differences in the impact. This paper uses data of listed companies from 2008 to 2020 and uses PSM-DID model, Heckman two-stage model, and instrumental variable model. The results obtained are as follows: 1. The government’s five-year plan has increased the number of patent applications by enterprises; 2. The influence of the central government’s policies is greater than that of the local government’s policies.

Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the 2024 2nd International Conference on Management Innovation and Economy Development (MIED 2024)
Series
Advances in Economics, Business and Management Research
Publication Date
15 October 2024
ISBN
978-94-6463-542-3
ISSN
2352-5428
DOI
10.2991/978-94-6463-542-3_72How to use a DOI?
Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Zhiqiang Liang
PY  - 2024
DA  - 2024/10/15
TI  - The Impact of Central Five-Year Plans and Local Five-Year Plans on the Number of Patent Applications
BT  - Proceedings of the 2024 2nd International Conference on Management Innovation and Economy Development (MIED 2024)
PB  - Atlantis Press
SP  - 625
EP  - 638
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-542-3_72
DO  - 10.2991/978-94-6463-542-3_72
ID  - Liang2024
ER  -