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
相关论文
共 50 条
  • [31] Business R&D and the interplay of R&D subsidies and product market uncertainty
    Czarnitzki, Dirk
    Toole, Andrew A.
    REVIEW OF INDUSTRIAL ORGANIZATION, 2007, 31 (03) : 169 - 181
  • [32] Business R&D and the Interplay of R&D Subsidies and Product Market Uncertainty
    Dirk Czarnitzki
    Andrew A. Toole
    Review of Industrial Organization, 2007, 31 : 169 - 181
  • [33] Managerial Delegation, Product R&D and Subsidies on R&D Investment Costs
    Chou, Chung-Hui
    B E JOURNAL OF ECONOMIC ANALYSIS & POLICY, 2023, 23 (01): : 55 - 78
  • [34] Assessing the influence of differentiation strategy and R&D subsidies on R&D cooperation
    Guisado-Gonzalez, Manuel
    Ferro-Soto, Carlos
    Guisado-Tato, Manuel
    TECHNOLOGY ANALYSIS & STRATEGIC MANAGEMENT, 2016, 28 (07) : 857 - 868
  • [35] Absorptive Capacity, R&D Spillovers, Emissions Taxes and R&D Subsidies
    Ben Youssef, Slim
    Zaccour, Georges
    STRATEGIC BEHAVIOR AND THE ENVIRONMENT, 2014, 4 (01): : 41 - 58
  • [36] Government R&D subsidies and enterprise R&D activities: theory and evidence
    Wu, Wan-Shu
    Zhao, Kai
    ECONOMIC RESEARCH-EKONOMSKA ISTRAZIVANJA, 2022, 35 (01): : 391 - 408
  • [37] Selective subsidies, entrepreneurial founders' human capital, and access to R&D alliances
    Grilli, Luca
    Murtinu, Samuele
    RESEARCH POLICY, 2018, 47 (10) : 1945 - 1963
  • [38] Local R&D Strategies and Multilocation Firms: The Role of Internal Linkages
    Alcacer, Juan
    Zhao, Minyuan
    MANAGEMENT SCIENCE, 2012, 58 (04) : 734 - 753
  • [39] Financial constraints and R&D and exporting strategies for Spanish manufacturing firms
    Manez, Juan A.
    Rochina-Barrachina, Maria E.
    Sanchis-Llopis, Juan A.
    Vicente, Oscar
    INDUSTRIAL AND CORPORATE CHANGE, 2014, 23 (06) : 1563 - 1594
  • [40] The effect of subsidies on R&D in the financial crisis-the role of financial constraints of firms and banks
    Giebel, Marek
    Kraft, Kornelius
    INDUSTRIAL AND CORPORATE CHANGE, 2023, 33 (05) : 1180 - 1198
12345