Impact of Governmental R&D Subsidies on Industrial Innovation: Microeconometric Evidence from Zhejiang

摘要：

The paper investigates the effects of governmental subsidies, including direct subsidy and tax credit, on industrial, using a panel dataset of 2020 firms in Zhejiang, China, during 2003-2005. The microeconometric results suggest such policy instruments significantly stimulate firms selfsupported 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： public funding industrial innovation taz credit R&D subsidies

作者: WU Bao

作者单位: Lecturer, Zhejiang Economic&Trade Polytechnic Ph.D candidate, Zhejiang University of Technology

会议类型: 国际会议

会议名称: China’s Innovation Circles and Academy –a Network on Learning Innovation and Competence Building Systems(中国创新学术网络青年学术论坛暨国际学术研讨会)

会议地点: 杭州

会议语种:英文

页码: 1-5

在线出版日期: 2008-10-28（万方平台首次上网日期，不代表论文的发表时间）