Nonmonetary Awards and Innovation: Evidence from Winning China’s Top Brand Contest. A new GLO Discussion Paper by GLO Fellow Zhiming Cheng and colleagues.

A new GLO Discussion Paper finds that firms that received the China Top Brand Award have a higher number, and better quality, of filed patents.

GLO Discussion Paper No. 1345, 2023

Nonmonetary Awards and Innovation: Evidence from Winning China’s Top Brand Contest  Download PDF
by Luo, Lianfa & Cheng, Zhiming & Ye, Qingqing & Cheng, Yanjun & Smyth, Russell & Yang, Zhiqing & Zhang, Le

GLO Fellow Zhiming Cheng

Author Abstract: We use the short-lived, but high-profile, China Top Brand Award to examine the causal effects of nonmonetary awards on firm innovation. To do so, we create a panel dataset by matching official China Top Brand Award recipients to the innovation outputs of listed companies. Results from difference-in-differences estimates show that firms that received the China Top Brand Award have a higher number, and better quality, of filed patents. We find that the positive effects of winning the China Top Brand Award on innovation outputs operate through higher government subsidies to winning firms. We also find that the positive effects of award-winning are stronger among state-owned enterprises, larger enterprises, and better-performing enterprises, as well as in provinces with stronger intellectual property rights protection. Our results are robust to a series of sensitivity checks.

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Journal of Population Economics (JOPE)
JOPE (2022): CiteScore 9.2 (LINK) & Impact Factor 6.1; 524 K Downloads

December 4-6: Global Online GLO-JOPE Conference 2023 on ‘Population Economics’ with highlights of JOPE issues 3 & 4 of 2023 including the presentation of the JOPE 2024 Kuznets Prize. More information forthcoming.

JUST PUBLISHED
Volume 36, Issue 4, 2023. Covered issues: Historical demography; fertility and marriage; migration and refugee issues; health, vaccinations, risky behaviors; education; retirement; gender issues and preferences

CALL FOR PAPERS
JOPE invites paper submissions for the following collections:
– Abortions
– Covid-19 and diseases
– Lifecycle fertility models
– Sexual and domestic violence
– Sexuality including LGBT issues
– Statistics & measurement of population economics

For more details and for examples of already published papers in these collections see: 
https://glabor.org/collections-journal-of-population-economics-invites-paper-submissions-in-six-research-areas/
https://link.springer.com/journal/148/collections
JOPE Collections are a set of published papers on issues of significant relevance for the journal. Authors are continuously invited to submit their related work for evaluation stating their specific interest to contribute in the submission cover letter. JOPE Editors will treat those submissions with particular interest and speedy handling. Articles will be immediately published after final acceptance.

GLO Discussion Papers are research and policy papers of the GLO Network which are widely circulated to encourage discussion. Provided in cooperation with EconStor, a service of the ZBW – Leibniz Information Centre for Economics, GLO Discussion Papers are among others listed in RePEc (see IDEAS,  EconPapers)Complete list of all GLO DPs – downloadable for free.

The Global Labor Organization (GLO) is an independent, non-partisan and non-governmental organization that functions as an international network and virtual platform to stimulate global research, debate and collaboration.

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