How does government R&D subsidies affect enterprises’ viability? An investigation on inverted U-shaped relationship
Author
Abstract
Suggested Citation
DOI: 10.1016/j.frl.2024.106235
Download full text from publisher
As the access to this document is restricted, you may want to search for a different version of it.
References listed on IDEAS
- Guofu Tan & Justin Yifu Lin, 1999. "Policy Burdens, Accountability, and the Soft Budget Constraint," American Economic Review, American Economic Association, vol. 89(2), pages 426-431, May.
- Weng, Liying & Xu, Changsheng & Yi, Ming, 2024. "Resource misallocation in China: Biased subsidies versus credit discrimination," Economic Modelling, Elsevier, vol. 134(C).
- Girma, Sourafel & Görg, Holger & Stepanok, Ignat, 2020.
"Subsidies, spillovers and exports,"
Economics Letters, Elsevier, vol. 186(C).
- Girma, Sourafel & Görg, Holger & Stepanok, Ignat, 2019. "Subsidies, spillovers and exports," KCG Working Papers 20, Kiel Centre for Globalization (KCG).
- Girma, Sourafel & Görg, Holger & Stepanok, Ignat, 2020. "Subsidies, spillovers and exports," Open Access Publications from Kiel Institute for the World Economy 300920, Kiel Institute for the World Economy (IfW Kiel).
- Konstantinos Koronios & Athanasios Kriemadis & Panagiotis Dimitropoulos & Andreas Papadopoulos, 2019. "A values framework for measuring the influence of ethics and motivation regarding the performance of employees," Business & Entrepreneurship Journal, SCIENPRESS Ltd, vol. 8(1), pages 1-1.
- Na, Chaohong & Ni, Zhixing & Shu, Qiu & Zhang, He, 2024. "Can government subsidies improve corporate ESG performance? Evidence from listed enterprises in China," Finance Research Letters, Elsevier, vol. 64(C).
- Koronios, K. & Mavromati, M. & Kriemadis, A., 2017. "Motivating Public Sector Employees: Evidence from Greece," International Journal of Business and Economic Sciences Applied Research (IJBESAR), Democritus University of Thrace (DUTH), Kavala Campus, Greece, vol. 10(1), pages 7-12, March.
- Eichfelder, Sebastian & Jacob, Martin & Schneider, Kerstin, 2023. "Do tax incentives affect investment quality?," Journal of Corporate Finance, Elsevier, vol. 80(C).
- Belton M. Fleisher & William H. McGuire & Xiaojun Wang & Min Qiang Zhao, 2021.
"Induced innovation: evidence from China’s secondary industry,"
Applied Economics, Taylor & Francis Journals, vol. 53(52), pages 6075-6093, November.
- Fleisher, Belton M. & McGuire, William H. & Wang, Xiaojun & Zhao, Min Qiang, 2020. "Induced Innovation: Evidence from China's Secondary Industry," IZA Discussion Papers 13072, Institute of Labor Economics (IZA).
- Richard F. J. Haans & Constant Pieters & Zi-Lin He, 2016. "Thinking about U: Theorizing and testing U- and inverted U-shaped relationships in strategy research," Strategic Management Journal, Wiley Blackwell, vol. 37(7), pages 1177-1195, July.
- Xin Li & Fei Guo & Qiong Xu & Siwei Wang & Hongyun Huang, 2023. "Strategic or substantive innovation? The effect of government environmental punishment on enterprise green technology innovation," Sustainable Development, John Wiley & Sons, Ltd., vol. 31(5), pages 3365-3386, October.
- Shao, Yanmin & Chen, Zhongfei, 2022. "Can government subsidies promote the green technology innovation transformation? Evidence from Chinese listed companies," Economic Analysis and Policy, Elsevier, vol. 74(C), pages 716-727.
- He, Yu & Zhao, Xiaoling & Zheng, Huan, 2023. "How does the environmental protection tax law affect firm ESG? Evidence from the Chinese stock markets," Energy Economics, Elsevier, vol. 127(PA).
- Jeffrey M. Wooldridge, 2002.
"Inverse probability weighted M-estimators for sample selection, attrition, and stratification,"
Portuguese Economic Journal, Springer;Instituto Superior de Economia e Gestao, vol. 1(2), pages 117-139, August.
- Jeffrey M. Wooldridge, 2002. "Inverse probability weighted M-estimators for sample selection, attrition and stratification," CeMMAP working papers 11/02, Institute for Fiscal Studies.
- Jeffrey M. Wooldridge, 2002. "Inverse probability weighted M-estimators for sample selection, attrition and stratification," CeMMAP working papers CWP11/02, Centre for Microdata Methods and Practice, Institute for Fiscal Studies.
- Chang, Chong-Chuo & Tang, Hui-Wen, 2021. "Corporate cash holdings and total factor productivity – A global analysis," The North American Journal of Economics and Finance, Elsevier, vol. 55(C).
- Wu, Zhanchi & Fan, Xiangjun & Zhu, Bangzhu & Xia, Jiahui & Zhang, Lin & Wang, Ping, 2022. "Do government subsidies improve innovation investment for new energy firms: A quasi-natural experiment of China's listed companies," Technological Forecasting and Social Change, Elsevier, vol. 175(C).
- Fan, Xueyuan & Zhao, Shukuan & Shao, Dong & Wang, Shuang & Zhang, Bochen, 2024. "Talking and walking: Corporate digital transformation and government subsidies," Finance Research Letters, Elsevier, vol. 64(C).
- Yeboon Yun & Hirotaka Nakayama, 2013. "Utilizing expected improvement and generalized data envelopment analysis in multi-objective genetic algorithms," Journal of Global Optimization, Springer, vol. 57(2), pages 367-384, October.
- Yun, Y. B. & Nakayama, H. & Tanino, T., 2004. "A generalized model for data envelopment analysis," European Journal of Operational Research, Elsevier, vol. 157(1), pages 87-105, August.
- Song, Malin & Wang, Shuhong & Sun, Jing, 2018. "Environmental regulations, staff quality, green technology, R&D efficiency, and profit in manufacturing," Technological Forecasting and Social Change, Elsevier, vol. 133(C), pages 1-14.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Shi, Jinyan & Yu, Conghui & Li, Yanxi & Wang, Tianhe, 2022. "Does green financial policy affect debt-financing cost of heavy-polluting enterprises? An empirical evidence based on Chinese pilot zones for green finance reform and innovations," Technological Forecasting and Social Change, Elsevier, vol. 179(C).
- Yang, Fang & Ma, Yang & Tang, Xi & Ye, Xinhai & Chen, Xiaoye & Zhang, Ruochen, 2024. "Listing on the stock exchange and firm innovation," Finance Research Letters, Elsevier, vol. 66(C).
- Alaa Adnan Awad & Mohammad Abuhashesh & Mohammad Al-Khasawneh & Ra’ed Masa’deh, 2023. "The Impact of Hiring People with a Disability on Customers’ Perspectives: The Moderating Effect of Disability Type," Sustainability, MDPI, vol. 15(6), pages 1-20, March.
- Lin, Boqiang & Xie, Yongjing, 2023. "Positive or negative? R&D subsidies and green technology innovation: Evidence from China's renewable energy industry," Renewable Energy, Elsevier, vol. 213(C), pages 148-156.
- Yingyu Yao & Haiying Pan, 2025. "The Effect of Intelligent Development on Green Economy Efficiency: An Analysis Based on China’s Province-Level Data," Sustainability, MDPI, vol. 17(2), pages 1-15, January.
- Qi‐an Chen & Shuxiang Tang & Yuan Xu, 2022. "Do government subsidies and financing constraints play a dominant role in the effect of state ownership on corporate innovation? Evidence from China," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 43(8), pages 3698-3714, December.
- Gundert Hannah & Nicolay Katharina & Steinbrenner Daniela & Wickel Sophia, 2024.
"The Tax Attractiveness of EU Locations for Corporate Investments: A Stocktaking of Past Developments and Recent Reforms,"
The Economists' Voice, De Gruyter, vol. 21(1), pages 97-132.
- Gundert, Hannah & Nicolay, Katharina & Steinbrenner, Daniela & Wickel, Sophia, 2023. "The tax attractiveness of EU locations for corporate investments: A stocktaking of past developments and recent reforms," ZEW Discussion Papers 23-066, ZEW - Leibniz Centre for European Economic Research.
- Stjepan Srhoj & Vanja Vitezic & Joachim Wagner, 2020.
"Export boosting policies and firm behaviour: Review of empirical evidence around the world,"
Working Paper Series in Economics
395, University of Lüneburg, Institute of Economics.
- Srhoj, Stjepan & Vitezic, Vanja & Wagner, Joachim, 2020. "Export boosting policies and firm behaviour: Review of empirical evidence around the world," MPRA Paper 104330, University Library of Munich, Germany.
- Ruoxuan Xiong & Allison Koenecke & Michael Powell & Zhu Shen & Joshua T. Vogelstein & Susan Athey, 2021.
"Federated Causal Inference in Heterogeneous Observational Data,"
Papers
2107.11732, arXiv.org, revised Apr 2023.
- Xiong, Ruoxuan & Koenecke, Allison & Powell, Michael & Shen, Zhu & Vogelstein, Joshua T. & Athey, Susan, 2021. "Federated Causal Inference in Heterogeneous Observational Data," Research Papers 3990, Stanford University, Graduate School of Business.
- Duan, Yunlong & Liu, Shuling & Cheng, Hao & Chin, Tachia & Luo, Xuan, 2021. "The moderating effect of absorptive capacity on transnational knowledge spillover and the innovation quality of high-tech industries in host countries: Evidence from the Chinese manufacturing industry," International Journal of Production Economics, Elsevier, vol. 233(C).
- KonShik Kim, 2023. "The impact of job quality on organizational commitment and job satisfaction: The moderating role of socioeconomic status," Economic and Industrial Democracy, Department of Economic History, Uppsala University, Sweden, vol. 44(3), pages 773-797, August.
- Ye, Silin & Zhou, Jing & Jiang, Yunwen & Liu, Xiaming, 2023. "Managers as the bridge: How cultural friction influences the integration of cross-border mergers and acquisitions," International Business Review, Elsevier, vol. 32(4).
- Na Liu & Meng-bo Wang & Jian-qi Mao, 2023. "The Effect of Cooperative Network Dynamics of the Scientific Research Project on Project Performance: The Moderating Role of Project Leader’s Network Position," International Journal of Business and Management, Canadian Center of Science and Education, vol. 17(11), pages 1-31, February.
- Mei, Maggie Qiuzhu & Wang, Le & Yan, Jie, 2023. "Maintaining product quality consistency when offshoring to emerging markets: The role of subsidiary control," Journal of International Management, Elsevier, vol. 29(1).
- Zhangsheng Liu & Liuqingqing Yang & Liqin Fan, 2021. "Induced Effect of Environmental Regulation on Green Innovation: Evidence from the Increasing-Block Pricing Scheme," IJERPH, MDPI, vol. 18(5), pages 1-15, March.
- Xiaodong Teng & Kun-Shan Wu & Lopin Kuo & Bao-Guang Chang, 2023. "Investigating the double-edged sword effect of environmental, social and governance practices on corporate risk-taking in the high-tech industry," Oeconomia Copernicana, Institute of Economic Research, vol. 14(2), pages 511-549, June.
- Tan, Xiujie & Yan, Yaxue & Dong, Yuyang, 2022. "Peer effect in green credit induced green innovation: An empirical study from China's Green Credit Guidelines," Resources Policy, Elsevier, vol. 76(C).
- Zhou, Dan & Yan, Tingting & Zhao, Lilong & Guo, Jingjing, 2020. "Performance implications of servitization: Does a Manufacturer's service supply network matter?," International Journal of Production Economics, Elsevier, vol. 219(C), pages 31-42.
- Chen, Jian-xun & Zhang, Bo & Zhan, Wu & Sharma, Piyush & Budhwar, Pawan & Tan, Hui, 2022. "Demystifying the non-linear effect of high commitment work systems (HCWS) on firms’ strategic intention of exploratory innovation: An extended resource-based view," Technovation, Elsevier, vol. 116(C).
- Xuan Zhang, 2023. "The impact of digital finance on corporate labor productivity: evidence from Chinese-listed companies," Economia e Politica Industriale: Journal of Industrial and Business Economics, Springer;Associazione Amici di Economia e Politica Industriale, vol. 50(3), pages 527-550, September.
More about this item
Keywords
Advanced manufacturing enterprises; Government R&D subsidies (RDS); Viability; Generalized Data Envelopment Analysis (GDEA); New Structural Economics (NSE);All these keywords.
JEL classification:
- G3 - Financial Economics - - Corporate Finance and Governance
- H2 - Public Economics - - Taxation, Subsidies, and Revenue
- L6 - Industrial Organization - - Industry Studies: Manufacturing
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:finlet:v:70:y:2024:i:c:s1544612324012649. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/frl .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.