| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w25432 |
| 来源ID | Working Paper 25432 |
| Do Innovation Subsidies Make Chinese Firms More Innovative? Evidence from the China Employer Employee Survey | |
| Hong Cheng; Hanbing Fan; Takeo Hoshi; Dezhuang Hu | |
| 发表日期 | 2019-01-14 |
| 出版年 | 2019 |
| 语种 | 英语 |
| 摘要 | The Chinese government has been using various subsidies to encourage innovations by Chinese firms. This paper examines the allocation and impacts of innovation subsidies, using the data from the China Employer Employee Survey (CEES). We find that the innovation subsidies are preferentially allocated to state owned firms and politically connected firms. Of these two (state ownership and political connection), political connection is more important in determining the allocation. We also find that the firms that receive innovation subsidies file and receive more patents, are more likely to introduce new products, but do not necessarily file and receive more patents abroad. Finally, the firms that receive innovation subsidies do not have higher productivity, more profits, or larger market shares. Overall, the results point to inefficiency of allocation of innovation subsidies and show that the subsidies encourage only incremental innovations and not radical ones. |
| 主题 | Development and Growth ; Innovation and R& ; D ; Other ; Economic Systems |
| URL | https://www.nber.org/papers/w25432 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/583106 |
| 推荐引用方式 GB/T 7714 | Hong Cheng,Hanbing Fan,Takeo Hoshi,et al. Do Innovation Subsidies Make Chinese Firms More Innovative? Evidence from the China Employer Employee Survey. 2019. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w25432.pdf（636KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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