Governance and effects of public R&D subsidies: evidence from China
This study examines the effects of public research and development (R&D) subsidies and the governance of such subsidies on firm productivity based on the analysis of a firm-level panel dataset between 1998 and 2007 in China. It is found that public R&D subsidies tend to support more producti...
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| Format: | Article |
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Elservier
2018
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| Online Access: | https://eprints.nottingham.ac.uk/51149/ |
| _version_ | 1848798428992110592 |
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| author | Guo, Di Guo, Yan Jiang, Kun |
| author_facet | Guo, Di Guo, Yan Jiang, Kun |
| author_sort | Guo, Di |
| building | Nottingham Research Data Repository |
| collection | Online Access |
| description | This study examines the effects of public research and development (R&D) subsidies and the governance of such subsidies on firm productivity based on the analysis of a firm-level panel dataset between 1998 and 2007 in China. It is found that public R&D subsidies tend to support more productive firms and the productivity of these government-backed firms is improved further after they get the government support. Less attention is paid to the observable or measurable performance measurements in ex-ante project selection, and the ex-post effects are stronger when the governance of the public R&D subsidies becomes more decentralized due to an exogenous policy change. In other words, better decentralization of governance is associated with more pronounced effects of R&D subsidies. Identification concerns are addressed with various approaches to confirm the treatment effect of public R&D subsidies and the governance of such subsidies. |
| first_indexed | 2025-11-14T20:19:37Z |
| format | Article |
| id | nottingham-51149 |
| institution | University of Nottingham Malaysia Campus |
| institution_category | Local University |
| last_indexed | 2025-11-14T20:19:37Z |
| publishDate | 2018 |
| publisher | Elservier |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | nottingham-511492020-05-04T19:43:25Z https://eprints.nottingham.ac.uk/51149/ Governance and effects of public R&D subsidies: evidence from China Guo, Di Guo, Yan Jiang, Kun This study examines the effects of public research and development (R&D) subsidies and the governance of such subsidies on firm productivity based on the analysis of a firm-level panel dataset between 1998 and 2007 in China. It is found that public R&D subsidies tend to support more productive firms and the productivity of these government-backed firms is improved further after they get the government support. Less attention is paid to the observable or measurable performance measurements in ex-ante project selection, and the ex-post effects are stronger when the governance of the public R&D subsidies becomes more decentralized due to an exogenous policy change. In other words, better decentralization of governance is associated with more pronounced effects of R&D subsidies. Identification concerns are addressed with various approaches to confirm the treatment effect of public R&D subsidies and the governance of such subsidies. Elservier 2018-07-01 Article PeerReviewed Guo, Di, Guo, Yan and Jiang, Kun (2018) Governance and effects of public R&D subsidies: evidence from China. Technovation, 74-75 . pp. 18-31. ISSN 0166-4972 public R&D subsidies productivity governance decentralization China https://www.sciencedirect.com/science/article/pii/S0166497218302372 doi:10.1016/j.technovation.2018.04.001 doi:10.1016/j.technovation.2018.04.001 |
| spellingShingle | public R&D subsidies productivity governance decentralization China Guo, Di Guo, Yan Jiang, Kun Governance and effects of public R&D subsidies: evidence from China |
| title | Governance and effects of public R&D subsidies: evidence from China |
| title_full | Governance and effects of public R&D subsidies: evidence from China |
| title_fullStr | Governance and effects of public R&D subsidies: evidence from China |
| title_full_unstemmed | Governance and effects of public R&D subsidies: evidence from China |
| title_short | Governance and effects of public R&D subsidies: evidence from China |
| title_sort | governance and effects of public r&d subsidies: evidence from china |
| topic | public R&D subsidies productivity governance decentralization China |
| url | https://eprints.nottingham.ac.uk/51149/ https://eprints.nottingham.ac.uk/51149/ https://eprints.nottingham.ac.uk/51149/ |