The Impact of Intellectual Property Protection on the Construction of a National Unified Technology Market
As one of the three pillars supporting national development,intellectual property is a strategic resource for na-tional development and plays an important role in building a new development pattern in China.A unified national market is a key component of the new development pattern,and its construction is the main field in which intellectual property protection plays a role.In April 2022,the Central Committee of the Communist Party of China and the State Council is-sued the Guidelines for Accelerating the Building of a Unified National Market,emphasizing that it is essential to"improve the intellectual property evaluation and trading mechanism","promote the innovation of the intellectual property litigation system,improve the cross-regional jurisdiction system of intellectual property courts,and unblock the docking mechanism of intellectual property litigation,arbitration and mediation",which provides guidance for the construction of a unified na-tional market.The State Council executive meeting in May 2023 pointed out that it is necessary to optimize the protection of property rights,improve the system and mechanism to adapt to the construction of a unified national market,further deploy the construction of a unified national market,and put forward compliance development requirements from the con-struction of the technology market.As a part of the unified national market,the national unified technology market has naturally become an important force for intellectual property protection.By leveraging the functions of constraints,coordi-nation,incentives,and resource allocation,intellectual property protection can unleash the vitality of market transactions,reduce the cost of technology exchange,promote the smooth circulation of resources,and effectively contribute to the con-struction of a national unified technology market.Moreover,intellectual property protection can further strengthen tech-nological innovation,promote the flow of factors,and create long-term stable development expectations for technology trading entities.Therefore,in order to effectively promote the construction of a national unified technology market,the important role of intellectual property protection should be utilized.Using the panel data of 290 cities in China from 2013 to 2021,this study empirically examines the impact of intellec-tual property protection on the construction of a national unified technology market by using fixed-effect and intermediate-effect models.It is found that intellectual property protection plays a significant role in promoting the construction of a na-tional unified technology market,and the conclusion is still valid after the robustness test.The influence of intellectual property protection on the construction of a national unified technology market is heterogeneous,showing that it is weak in the central and western regional cities,Chengdu-Chongqing economic circle,economically underdeveloped cities and re-source-based cities.According to the findings of the mechanism test,it is confirmed that intellectual property protection indirectly promotes the construction of a national unified technology market by improving the level of regional innovation and entrepreneurship and increasing the bias of government fiscal expenditure.Compared with previous literature,the innovation of this study lies in the following three aspects.The first is that it analyzes the enabling effect of intellectual property protection on the construction of a national unified technology market from a theoretical angle,and further improves the theoretical basis of intellectual property protection on the construction of a national unified technology market.Then it provides an empirical basis for the profound implementation of the strate-gic layout to"accelerate the construction of a unified national market and deepen the market-oriented reform of factors"by analyzing the mechanism of intellectual property protection on the construction of a national unified technology market from the empirical level.Lastly,the study analyzes the heterogeneous impact of intellectual property protection on the construction of a national unified technology market from the perspectives of geographical location,economic development level,and differences in resource-based cities,which provides decision-making reference for accurately implementing the construction strategy of a national unified technology market and achieving high-quality social and economic development.
Intellectual Property ProtectionTechnology MarketInnovation and Entrepreneurship LevelFiscal Expendi-ture Bias