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Abstract
This study uses a difference-in-difference (DID) model and mixed cross-sectional data from 2015 and 2019 to analyze the impact of lower-level legal systems on patent transaction efficiency in Chinese colleges and universities. It finds that inconsistencies between higher-level laws and lower-level systems create a "blocking effect," reducing efficiency. Conversely, revising lower-level systems to align with higher-level laws creates a "transmission effect," improving efficiency. These findings hold after robustness tests and offer insights into legal system reform.
Publisher
Humanities and Social Sciences Communications
Published On
May 07, 2024
Authors
Zhang Junrong
Tags
patent transaction efficiency
legal systems
Chinese colleges
difference-in-difference model
blocking effect
transmission effect
legal reform

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