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.
引用
收藏
页数：9
相关论文
共 50 条
  • [41] The impact of government subsidies on capacity utilization in the Chinese renewable energy industry: Does technological innovation matter?
    Lin, Boqiang
    Xie, Yongjing
    APPLIED ENERGY, 2023, 352
  • [42] Financial constraints, government subsidies, and corporate innovation
    Li, Qi
    Wang, Jiaojiao
    Cao, Guohua
    Zhang, Jing
    PLOS ONE, 2021, 16 (11):
  • [43] Government R&D Subsidies, Social Investment Follow-up, and Enterprises' Technological Innovation
    Wang Xinxia
    Wen Jun
    Proceedings of the Second International Symposium - Management, Innovation and Development, 2015, : 658 - 668
  • [44] The impact of government subsidies on the capacity utilization of zombie firms
    Liu, Guangqiang
    Zhang, Xiaojie
    Zhang, Wanting
    Wang, Di
    ECONOMIC MODELLING, 2019, 83 : 51 - 64
  • [45] The impact of government subsidies on technological innovation of new energy vehicle enterprises: from the perspective of industry chain
    Wu, Yazhou
    Li, Xiaomin
    Zhang, Ce
    Wang, Shiqi
    ENVIRONMENT DEVELOPMENT AND SUSTAINABILITY, 2024, 26 (10) : 25589 - 25607
  • [46] The Impact of Factor Market Distortion on the Efficiency of Technological Innovation: A Spatial Analysis
    Lu, Qian
    Hua, Chao
    Miao, Jianjun
    SUSTAINABILITY, 2022, 14 (19)
  • [47] Renewable energy technological innovation, market forces, and carbon emission efficiency
    He, Aiping
    Xue, Qihang
    Zhao, Renjie
    Wang, Daoping
    SCIENCE OF THE TOTAL ENVIRONMENT, 2021, 796
  • [48] Are government subsidies or preferential listing policies better for the market performance of tech firms? Evidence from Korea
    Yoon, Soon Suk
    Kim, Hyo Jin
    ASIA PACIFIC BUSINESS REVIEW, 2023, 29 (04) : 1059 - 1078
  • [49] The Impact of Market and Non-Market-Based Environmental Policy Instruments on Firms' Sustainable Technological Innovation: Evidence from Chinese Firms
    Jiang, Jie
    Zhang, Qihang
    Hui, Yifan
    SUSTAINABILITY, 2023, 15 (05)
  • [50] Technological innovation in public housing developments: the INCASOL Technological Innovation Competition
    Avellaneda, J.
    Gonzalez, J. M.
    Marques, G.
    Vidal, J.
    INFORMES DE LA CONSTRUCCION, 2009, 61 (513) : 87 - 100
12345