Uncertainty shocks, transnational innovation collaboration, and Chinese firm innovation
Liu Canlei et al.
What the paper says
Exploiting the quasi-natural experiment of the U.S.-China trade friction, we empirically examine the impact of uncertainty shocks on Chinese firms' overseas patent applications and transnational innovation collaboration. We find that uncertainty shocks suppress Chinese firms’ overseas innovation performance, resulting in a disruption effect on innovation collaboration with the U.S., but a diversion effect on collaborations with other countries, which is particularly evident in U.S. innovation partners, Europe, Association of South East Asian Nations (ASEAN), Japan, and South Korea. Heterogeneity analysis shows that these shocks disproportionately affect high-tech industries, industries with strong influence, and those with close U.S.-China innovation linkages.
2 citations
Evidence weight
Balanced mode · F 0.40 / M 0.15 / V 0.05 / R 0.40
| F · citation impact | 0.25 × 0.4 = 0.10 |
| M · momentum | 0.55 × 0.15 = 0.08 |
| V · venue signal | 0.50 × 0.05 = 0.03 |
| R · text relevance † | 0.50 × 0.4 = 0.20 |
† Text relevance is estimated at 0.50 on the detail page — for your query’s actual relevance score, open this paper from a search result.