%0 Journal Article
%A DUAN Xue-yi3
%A LI Hong-bing1
%A ZHAI Rui-rui2
%T Two-way Investment, Patent Heterogeneity and Enterprises Innovative Quality
%D 2020
%R 10.19722/j.cnki.1008-7729.2019.0426
%J Journal of Beijing University of Posts and Telecommunications(Social Sciences Edition)
%P 96-105
%V 22
%N 2
%X Theoretical mechanism of the two-way investment coordination effect affecting the enterprises patent quality is systematically clarified first Then using the matched database, and through the mediating effect model and panel instrument variable method, the effect of two-way investment on the patent quality of innovative enterprises in China is empirically examined from the perspective of patent heterogeneity It is found that: two-way investment is generally beneficial to improving the patent quality of innovative enterprises, and the regression of invention patent is more significant Further, two-way investment helps to improve the quality invention patent and design patent through the mediating effect mechanism of R&D fund input and R&D personnel input Finally, from the heterogeneity analysis, two-way investment can improve the patent quality of enterprises with high financing constraints and non-state-owned enterprises, while foreign direct investment promotes the patent quality of enterprises with low financing constraints, state-owned enterprises and central and western enterprises
%U https://journalsk.bupt.edu.cn/EN/10.19722/j.cnki.1008-7729.2019.0426