【主 题】Spreading the Word: High-speed Railway and Local Innovation in China
【报告人】陶涵毅（助理教授，上海科技大学创业与管理学院）
【时 间】2023年12月13日周三13:30-15:00
【地 点】高等研究院232会议室
【语 言】英文
【摘 要】This paper studies how high-speed railway (HSR) connections in China affect local innovation. Exploiting the plausible exogenous variation in HSR connection caused by the staggered introduction of HSR stations in China, we find that HSR connection has a positive effect on local innovation. By adopting natural language processing techniques, we construct the measures of breakthroughness of local innovation based on patent abstracts and claims. We show that the HSR connection promotes incremental innovation, as measured by both within-city and cross-city patent text similarity, while it fails to facilitate radical innovation. Moreover, we find that the HSR connection affects the breakthroughness of local innovation mainly through knowledge spillovers, as incremental innovation mainly exploits existing knowledge, while breakthrough innovation relies on the exploration of unknown knowledge. The introduction of HSR connection brings more cross-city collaborations, patent citations, and patent transactions, which are the main channels through which HSR connection affects cross-city patent text similarity.
【报告人简介】Hanyi Tao is an assistant professor at the School of Entrepreneurship and Management at ShanghaiTech University since 2019. He obtained his Ph.D. in Economics from the Chinese University of Hong Kong. His research concentrates on topics of innovation, international trade, economic growth, and the Chinese economy.
