IDEAS home Printed from https://ideas.repec.org/a/hin/complx/9650741.html
   My bibliography  Save this article

The Influence of Industrial Policy on Innovation in Startup Enterprises: An Empirical Study Based on China's GEM Listed Companies

Author

Listed:
  • Fang Wang
  • Deyong Zhu
  • Sameh S. Askar

Abstract

This study uses China’s Growth Enterprises Market (GEM) listed companies from 2011 to 2017 as samples to examine the impact of industrial policies on innovation in startups from three dimensions, namely, selective industrial policies, government subsidies, and financial support. The results show that selective industrial policies have no effect on the innovation output of startups. Financial support can significantly promote the innovation output of entrepreneurial enterprises; structural differences exist in the impact of government subsidies on the innovation of entrepreneurial enterprises. The influence of industrial policy on the innovation of entrepreneurial enterprises depends on the research and development intensity of enterprises, the level of regional economic development, the leadership structure of enterprises, and other factors. This study’s findings have significant practical significance for the implementation of a national innovation-driven development strategy and to guide industrial policies that better promote enterprise innovation.

Suggested Citation

  • Fang Wang & Deyong Zhu & Sameh S. Askar, 2021. "The Influence of Industrial Policy on Innovation in Startup Enterprises: An Empirical Study Based on China's GEM Listed Companies," Complexity, Hindawi, vol. 2021, pages 1-15, October.
    • Handle: RePEc:hin:complx:9650741
    DOI: 10.1155/2021/9650741
    as

    Download full text from publisher

    File URL: http://downloads.hindawi.com/journals/complexity/2021/9650741.pdf
    Download Restriction: no
    File URL: http://downloads.hindawi.com/journals/complexity/2021/9650741.xml
    Download Restriction: no
    File URL: https://libkey.io/10.1155/2021/9650741?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    More about this item

    Statistics

    Access and download statistics

    Corrections

    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:hin:complx:9650741. 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.

    We have no bibliographic references for this item. You can help adding them by using 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: Mohamed Abdelhakeem (email available below). General contact details of provider: https://www.hindawi.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.