Proceedings of the Third International Conference on Economic and Business Management (FEBM 2018)

Research on the Influence of Government Subsidy on Technological Innovation of Enterprises Take China's Equipment Manufacturing Industry As An Example

Authors
Yuchao Su, Yuanjian Qin
Corresponding Author
Yuchao Su
Available Online December 2018.
DOI
10.2991/febm-18.2018.83How to use a DOI?
Keywords
Technological innovation; Government subsidies; Equipment manufacturing
Abstract

With the acceleration of economic globalization, competition has become the theme of the world. The competition between countries is essentially the competition between technology and talents, and innovation is the prerequisite for obtaining competitive advantages. Government subsidy is an important factor affecting the technological innovation of equipment manufacturing enterprises. Through the theoretical analysis of government subsidies affecting technological innovation activities of enterprises, taking 20 listed equipment manufacturing enterprises in China as samples, using the panel data model of 2013-2017, empirical tests have been conducted. The effect of government subsidies on corporate innovation behavior. The research results show that current government subsidies are positively affecting corporate R&D investment, while the government subsidies in the previous year have negatively impacted corporate R&D investment, and the incentive effect of government subsidy is greater than the crowding out effect.

Copyright
© 2018, 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/).

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Volume Title
Proceedings of the Third International Conference on Economic and Business Management (FEBM 2018)
Series
Advances in Economics, Business and Management Research
Publication Date
December 2018
ISBN
978-94-6252-623-5
ISSN
2352-5428
DOI
10.2991/febm-18.2018.83How to use a DOI?
Copyright
© 2018, 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  - Yuchao Su
AU  - Yuanjian Qin
PY  - 2018/12
DA  - 2018/12
TI  - Research on the Influence of Government Subsidy on Technological Innovation of Enterprises Take China's Equipment Manufacturing Industry As An Example
BT  - Proceedings of the Third International Conference on Economic and Business Management (FEBM 2018)
PB  - Atlantis Press
SP  - 366
EP  - 369
SN  - 2352-5428
UR  - https://doi.org/10.2991/febm-18.2018.83
DO  - 10.2991/febm-18.2018.83
ID  - Su2018/12
ER  -