The Linkage of R&D Subsidies and Self-Supported Innovation Input in Hi-Tech Companies: Microeconometric Evidence from Zhejiang

摘要：

The paper investigates the effects of governmental subsidies, including direct subsidy and tax credit, on Hi-Tech companies innovation input, using a panel dataset of 2020 firms in Zhejiang, China, during 2003 ~ 2005. The microeconometric results suggest that such policy instruments could significantly stimulate companys self-sup-ported innovation-related investment and expenditure of research projects. But the results also imply governmental subsidy may change layout of self-supported expenditure.

关键词： Industrial innovation Taz credit R&D subsidies

作者: WU Bao CHI Renyong

作者单位: Zhejiang University of Technology, P.R.China Zhejiang Economic&Trade Polytechnic, P.R.China Zhejiang University of Technology, P.R.China

会议类型: 国际会议

会议名称: The Tenth West Lake International Conference on Small & Medium Business(第十届西湖国际中小企业研讨会)

会议地点: 杭州

会议语种:英文

页码: 660-662

在线出版日期: 2008-10-25（万方平台首次上网日期，不代表论文的发表时间）