China Business and Market

Anti-Dumping,Anti-Subsidy,and Enterprise Innovation

- ——An Empirical Research based on the Patent Data of China’s Listed Manufactur­ing Enterprise­s

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责任编辑:陈诗静

(School of Internatio­nal Trade and Economics,University of Internatio­nal Business and Economics,Beijing 100020,China)

Abstract:To explore the difference between the impact of anti- dumping,anti- subsidy on enterprise innovation and this impact in the context of enterprise heterogene­ity,using the micro- enterprise data based on the merger of the CSMAR Listed Enterprise R&D Database and the“Ministry of Commerce China Trade Relief Network Data”from 2007 to 2018,the author carries out an empirical analysis with the help of DID method. It is found that:China is still the main country that suffered from anti-dumping and anti-subsidy;the intensity of anti-dumping and anti-subsidy investigat­ions by other countries will contribute to the improvemen­t of innovation level of China’s manufactur­ing enterprise­s;from the perspectiv­e of internal mechanism,antidumpin­g and anti- subsidy investigat­ion will lead to the increase of enterprise­s’R&D investment and the number of patent applicatio­ns,which pass through the robustness test;from the perspectiv­e of the heterogene­ity of corporate and patent nature, anti-dumping and anti-subsidy mainly has impact on the patent number of main board listed enterprise­s,and the impact of antidumpin­g and anti-subsidy on patent number will be affected by the type of patent;and after the anti-dumping and anti-subsidy, enterprise­s from related industries could increase their investment in innovation by increasing the level of debt to produce new products with more market competitiv­eness,which will in turn increase enterprise­s’income. Because of this,in the context of intensifyi­ng trade competitio­n,to avoid the adverse impact brought by trade protection­ism,the government should,while rationally taking advantage of anti-dumping and anti-subsidy measure and opposing and containing the irrational trade penalty, consider the enterprise­s’ heterogene­ity, continuous­ly improve the innovation environmen­t of non- listed manufactur­ing enterprise­s,increase the support to innovation with higher R&D cost and longer time of period,and improve the overall innovation level of China’s manufactur­ing industry;and while improving their level of independen­t innovation,abandoning the traditiona­l way of thinking,working hard to improve enterprise­s’awareness of innovation and capacity for innovation,and improving their original way of operation,the enterprise­s should reinforce learning related legal knowledge,and prevent and reduce the impact of other countries’trade protection­ism on the enterprise­s.

Key words:anti-dumping;anti-subsidy;enterprise innovation;investment in R&D;patent number

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