Impact of Government Support & International Trade on Firms R&D Investments: Evidence from Chinese High-Tech industries
Innovation is the key approach for firms to achieve sustainable competitive advantage. In this study, we analyse the role of government support and firms international trade activities in relation to their private R&D investments (RDIs) using data from 1, 111 firms high-tech industries in 2003-2005, China. The empirical results indicate that public R&D subsidies and disembodied technology imports positively and significantly impact RDIs, non hightech product exports and embodied technology imports have negative effects on RDIs although the latter is not significant. Moreover, the results also show that tax incentive and high-tech product exports both positively associate with RDIs but not significantly. These findings are somewhat different from the ones in extant literature. Explanations of these results are identified and the research implications for government policy are considered.
government support international trade R&D investment high-tech industries China
LI Zhengwei CHI Renyong Cindy Millman
College of Business and Administration, Zhejiang University of Technology,R.R.China College of Business and Administration, Zhejiang University of Technology, R. R. hina Birmingham City Business School, Birmingham City University, UK
国际会议
Shanghai Conference on Management of Technology(2010上海技术管理研讨会 MOT2010)(第七届中国技术管理学术年会)
上海
英文
112-117
2010-06-19(万方平台首次上网日期,不代表论文的发表时间)