Government subsidies, market competition and firms' technological innovation efficiency

被引：1
|
作者：
Zhang, Huaqing [1 ,2 ]
Zhang, Xiangjian [3 ]
Tan, Haoyu [4 ]
Tu, Yongqian [4 ]
机构：
[1] Wuhan Univ Technol, Sch Marxism, Wuhan 430070, Hubei, Peoples R China
[2] Huanggang Normal Univ, Sch Polit Sci & Law, Huanggang 438000, Hubei, Peoples R China
[3] Shanghai Univ Finance & Econ, Inst Finance & Econ, Shanghai 200433, Peoples R China
[4] Renmin Univ China, Sch Lab & Human Resources, Beijing, Peoples R China
来源：
INTERNATIONAL REVIEW OF ECONOMICS & FINANCE | 2024年 / 96卷
基金：
中国国家自然科学基金;
关键词：
Government subsidies; Market competition; Corporate technological innovation;
D O I：
10.1016/j.iref.2024.103567
中图分类号：
F8 [财政、金融];
学科分类号：
0202 ;
摘要：
Based on the classification of Chinese listed companies, this paper selects the financial statement data of Chinese listed companies from 2008 to 2022 to conduct an empirical study, and the empirical results confirm that Government subsidies can promote enterprises to enhance the efficiency of technological innovation; Market competition can encourage enterprises to enhance the efficiency of technological innovation and The impact of government subsidies on the efficiency of technological innovation of non-state enterprises is more significant, while other information remains unchanged. The impact of government subsidies on the technological innovation efficiency of non-state-owned enterprises is more significant. Through empirical research, this paper understands the impact of government subsidies and market competition on the technological innovation efficiency of enterprises, which is conducive to providing a reference for the government to formulate enterprise subsidy policies.
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页数：9
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