Research on the Effect of Public R&D Subsidies on R&D Investment Expenditure of Technological Innovation Enterprises
Authors
Ailing Li
Corresponding Author
Ailing Li
Available Online May 2017.
- DOI
- 10.2991/isss-17.2017.2How to use a DOI?
- Keywords
- Public R&D Subsidies, R&D Investment, Extrusion Effect, Stimulation Effect.
- Abstract
As the product attribute of R&D investment, enterprises are lack of the enthusiasm of R&D investment. Public R&D subsidies may reduce the cost of R&D investment, and promote R&D investment of enterprises. However public R&D also has the extrusive effect to the R&D investment of enterprises. This paper presents evidence on the effects of public R&D subsidies on the R&D investment of technological innovation enterprises. The results show that public R&D subsidies can stimulate the R&D investment of enterprises. There also exist different effects of public R&D subsidies between different scales, proportion of state-owned shares and managerial ownership of enterprises
- Copyright
- © 2017, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - Ailing Li PY - 2017/05 DA - 2017/05 TI - Research on the Effect of Public R&D Subsidies on R&D Investment Expenditure of Technological Innovation Enterprises BT - Proceedings of 3rd International Symposium on Social Science (ISSS 2017) PB - Atlantis Press SP - 5 EP - 11 SN - 2352-5398 UR - https://doi.org/10.2991/isss-17.2017.2 DO - 10.2991/isss-17.2017.2 ID - Li2017/05 ER -