An Empirical Analysis Of The Relationship Between China、Patents And Efficiency Of Economic Growth:1997-2011

As an important intellectual property, patent is often used to measure the level ofinnovation in a country or region. With China’s rapid economic development since thereform and opening up, China’s patent development has been greatly enhanced. Therelationship between patent and economic growth has become increasingly concernedby domestic scholars, become one of the research hotspots in recent years. Firstly, thispaper has explored the link between patents, innovation and economic growth fromthe point of view of economic theory. Secondly, the patent development of China’shas been researched by using descriptive statistics method. We also measured theefficiency of economic growth in all regions. Finally, this paper has researched on therelationship between patents granted and regional economic growth efficiency byusing the panel data model. The conclusions are as follows:1.Patent authorization hasa positive role in promoting economic growth in China, and this effect is lag;2.In thethree types of patents, utility model patents have the bigger impact on China’seconomic growth efficiency than the invention patent and design patent. The articlealso makes recommendations on the future patent policy: First, increase the originalinnovation pursuit force; Second, to strengthen publicity and education, improvepublic consciousness of patent; Third, to carry out an in-depth study on patent strategy,improve the management level of patent; Fourth, pay attention to innovationachievements conversion of market value; Last, further play the important function ofthe government in the process of independent innovation.