Selective R&D subsidies and firms' application strategies

被引：0
|
作者：
Sun, Yahui [1 ]
Luo, Shougui [1 ,2 ]
机构：
[1] Shanghai Jiao Tong Univ, Antai Coll, Shanghai 200030, Peoples R China
[2] Shanghai Jiao Tong Univ, China Inst Urban Governance, Shanghai, Peoples R China
来源：
APPLIED ECONOMICS LETTERS | 2022年 / 29卷 / 11期
关键词：
Selective R& D subsidy; application strategy; major innovation; minor innovation;
D O I：
10.1080/13504851.2021.1904100
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
'Picking-the-winners' selective R&D subsidies are provided to a few firms with high innovation capabilities. Thus, the applicants for subsidies might send misleading signals to stand out from others. This paper explores firms' application strategies and finds that firms tend to increase the quantity of their R&D outputs as a signal of being highly innovative, even at the expense of reducing innovation quality.
引用
收藏
页码：979 / 982
页数：4
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