Government subsidy structures and private R&D: Cost sharing or performance reward? China Evidence

摘要：

This paper investigates the effects two government funding structures (cost sharing v.s. performance reward) on private R&D and firm growth in China. The results show that central government tends to subsidy firms’ R&D using a performance reward structure, which may reduce the return of private R&D. However, the local government tends to adopt the cost sharing structure, which can increase the return of private R&D.

关键词： R&D government subsidy performance reward cost sharing

作者: Lian Yujun Zhou Kaiguo

作者单位: Lingnan College, Sun Yat-Sen University Guangzhou, China

会议类型: 国际会议

会议名称: 2011 International Conference on Business Management and Electronic Information(2011商业管理与电子信息国际学术会议 BMEI2011)

会议地点: 广州

会议语种:英文

页码: 1-4

在线出版日期: 2011-05-13（万方平台首次上网日期，不代表论文的发表时间）