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The Necessity for China's Enterprises to Enhance Capability of Independent Innovation under the Rules of TPP Based on the analysis of R&D investment structure

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Indexed by:会议论文

Date of Publication:2016-01-01

Included Journals:CPCI-SSH

Page Number:379-385

Key Words:TPP (Trans-Pacific Partnership Agreement); R&D investment structure; SOE (state-owned enterprise) reform; IPR (intellectual property protection)

Abstract:Comparing R&D investment structure of 30 major economies, we find that Chinese enterprises' R&D investment structure is unbalanced and the proportion of basic research investment is too low, which is the significant cause of Chinese enterprises' lack of capability of independent innovation. The root cause is that most resources are controlled by government and R&D fund is mismatched It is one reason of the result that China is excluded from the members of TPP. The rules of SOE reform and IPR finalized preliminarily are high-standard and will be bound to challenge Chinese enterprises' competitiveness and to force Chinese enterprises to enhance their capability of independent innovation.

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