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Empirical insights into industrial policy's influence on phytoprotection innovation
Yangxun Zhang1, Shaoqiang Li2, Fengyun Wu2
1School of Finance and Economics, Guangdong Polytechnic Normal University, Guangzhou, China.
Abstract:
Intelligent Phytoprotection is an important direction for the modern development of plant protection related disciplines, and its essence is the innovative application of new generation information technology industry, high-end equipment manufacturing industry, and digital industry related technologies in the traditional plant protection field. This article first identifies 224 International Patent Classification (IPC) Main groups in the field of intelligent phytoprotection technology based on the International Patent Classification System. And then combines with China's industrial policy practice, we explore the impact of industrial policy on the application number of invention patents in the field of intelligent phytoprotection technology using the Difference-in-difference (DID) method and the Synthetic DID method. The study results showed that the implementation of industrial policy can significantly promote the patent application activities in the intelligent phytoprotection treatment group, with an average increase of 517 invention patent applications compared to the control group that is not affected by the policy. The research conclusion of this article suggests that for countries and regions, industrial policies are an important tool for promoting the innovation and development of intelligent phytoprotection related technologies.
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