报告题目 | Tickets to the Global Market: First U.S. Patents and Firm Export in China | ||
报告人 (单位) | Robin Kaiji Gong(龚开济) (Hong Kong University of Science and Technology) | ||
点评人 (单位) | 董斌 教授 (东南大学) | 点评人 (单位) | 高彦彦 副教授 (东南大学) |
会议地点 | 2022年4月14日(周四)上午10:00-11:30 线上参会 腾讯会议号:995-420-108 | ||
报告人简介 | |||
Robin Kaiji Gong is an Assistant Professor in Economics at the Hong Kong University of Science and Technology (HKUST). Dr. Gong graduated from Stanford University in 2019, with a Ph.D. degree in Economics. His research interest includes international trade, innovation, and entrepreneurship. | |||
报告内容提要 | |||
This paper investigates whether successful first U.S. patent applications affect the export performance of Chinese firms. We manually match Chinese exporting firms with first-time U.S. patent applicants and leverage the quasi-random assignment of patent applications to examiners to identify the causal effect of first U.S. patents on subsequent exporting activities. Firms with successful first U.S. patent applications achieve higher export growth, largely because they retain more product-destination export flows and export more in each continuing product-destination pair. Further investigation suggests that the first U.S. patents serve as signaling devices of product quality and better contractual enforcement that mitigates information frictions in international trade. |