Proceedings of the 3rd International Conference on Management Science and Software Engineering (ICMSSE 2023)

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The Dynamic Interaction Effects of Government Subsidies, Enterprise Risk-taking and Innovation Performance

Authors
Rongyan Jia1, Wenbo Ma1, *, Ying Tuan Lo2, Shu-Hsiang Chen2
1School of Economics and Management, Hebei University of Science and Technology, Shijiazhuang, China
2XJTLU Entrepreneur College (Taicang), Xi’an Jiaotong-Liverpool University, Xi’an, People’s Republic of China
*Corresponding author. Email: ma_1201@163.com
Corresponding Author
Wenbo Ma
Available Online 9 October 2023.
DOI
10.2991/978-94-6463-262-0_58How to use a DOI?
Keywords
government subsidies; enterprise risk-taking; innovation performance
Abstract

Based on the panel data of Shanghai and Shenzhen A-share listed companies in the pharmaceutical manufacturing industry from 2012 to 2021, a PVAR model is established to study the interaction relationship between government subsidies, enterprise risk-taking and innovation performance by using analytical methods such as Granger causality test, impulse response function and variance decomposition. The results of the study show that government subsidies and enterprise risk-taking have a significant inhibitory effect on innovation performance, and enterprise risk-taking has a significant promotional effect on government subsidies.

Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the 3rd International Conference on Management Science and Software Engineering (ICMSSE 2023)
Series
Atlantis Highlights in Engineering
Publication Date
9 October 2023
ISBN
10.2991/978-94-6463-262-0_58
ISSN
2589-4943
DOI
10.2991/978-94-6463-262-0_58How to use a DOI?
Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Rongyan Jia
AU  - Wenbo Ma
AU  - Ying Tuan Lo
AU  - Shu-Hsiang Chen
PY  - 2023
DA  - 2023/10/09
TI  - The Dynamic Interaction Effects of Government Subsidies, Enterprise Risk-taking and Innovation Performance
BT  - Proceedings of the 3rd International Conference on Management Science and Software Engineering (ICMSSE 2023)
PB  - Atlantis Press
SP  - 553
EP  - 563
SN  - 2589-4943
UR  - https://doi.org/10.2991/978-94-6463-262-0_58
DO  - 10.2991/978-94-6463-262-0_58
ID  - Jia2023
ER  -