An Empirical Study on the Influence of Patent Output Based on the Internationalization of Venture Enterprises of Chinese Gem Enterprises (Published)
This paper delves deeply into the impact of domestic venture enterprise internationalization on patent output from two dimensions of patent output’s efficiency and quantity amid the special institutional landscape of China’s Growth Enterprise Market. The study found that innovation and internationalization intensify more efforts to become important strategic measures for GEM corporations. Yet the history of China’s GEM companies is not too long but equipped with commendable international competitiveness. In addition, the internationalization strategy leverages the efficacy of patent output. That means that the higher the degree of internationalization of enterprises, the higher the efficiency of patent output; the enterprises that have implemented internationalization will have more patent output. The conclusion of this paper provides a new perspective and empirical evidence for us to know more about the relationship between the internationalization and independent innovation of Chinese venture enterprises, and presses ahead with a theoretical basis and decision-making underpinner for the country to deepen independent innovation and improve internationalization development policies.