Technological Decoupling? The Impact on Innovation of US Restrictions on Chinese Firms

• Tác giả: Yu Cao
• Ngôn ngữ: eng
• Ký hiệu phân loại: 609.17 Historical, geographic, persons treatment
• Thông tin xuất bản: Washington, DC: World Bank, 2024
• Bộ sưu tập: Tài liệu truy cập mở
• ID: 321569
• Chủ đề: 1. DECOUPLING; 2. ENTITY LIST; 3. INDUSTRY, INNOVATION AND INFRASTRUCTURE; 4. INNOVATION; 5. SDG 9

Tóm tắt

Recent U.S.-China tensions have raised the specter of technological decoupling. This paper examines the impact of U.S. export restrictions and technology licensing on Chinese firms' innovation. It finds that U.S. sanctions reduce the quantity and quality of patent outputs of targeted Chinese firms, primarily due to decreased collaboration with U.S. inventors. However, firms with higher initial patent stock or in sectors with a smaller technological distance to the U.S. are less affected. Sanctions in specific technology fields lead to a decline in the patent output of both Chinese firms with U.S. collaborators and U.S. firms with Chinese collaborators.