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این مقاله علمی پژوهشی (ISI) به زبان انگلیسی از نشریه الزویر مربوط به سال ۲۰۲۲ دارای ۱۰ صفحه انگلیسی با فرمت PDF می باشد در ادامه این صفحه لینک دانلود رایگان مقاله انگلیسی و بخشی از ترجمه فارسی مقاله موجود می باشد.
کد محصول: M1211
سال نشر: ۲۰۲۲
نام ناشر (پایگاه داده): الزویر
نام مجله: Technological Forecasting & Social Change
نوع مقاله: علمی پژوهشی (Research articles)
تعداد صفحه انگلیسی: ۱۰ صفحه PDF
عنوان کامل فارسی:
مقاله انگلیسی ۲۰۲۲ : تاثیر یارانه های تحقیق و توسعه چین بر سرمایه گذاری در تحقیق و توسعه ، ارتقاء فناوری و رشد اقتصادی
عنوان کامل انگلیسی:
The impact of China’s R&D subsidies on R&D investment, technological upgrading and economic growth
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Abstract
This paper investigates the impact of research and development (R&D) subsidies on R&D inputs and their wider economic effects. The empirical analysis employs a structural vector autoregressive (VAR) model using a panel of Chinese provinces during the 2000–۲۰۱۰ time period. In support of a partial crowding-out view, public R&D subsidies allocated to large and medium-sized enterprises (LMEs) are found to increase total R&D inputs proxied by total R&D personnel, despite reducing privately-financed R&D inputs. Specifically, we find that an increase of R&D subsidies by one standard deviation decreases private R&D expenditures in LMEs by 6.5%, but increases total R&D personnel in LMEs by 2.6%. We also find evidence that the effects of R&D subsidies extend beyond their main effect on corporate R&D, promoting technological upgrading, capital deepening, and economic growth. We further find evidence suggesting some misallocation of research-oriented public funds. The findings help shed important insights into the ongoing debate regarding the role of the state in promoting innovation in a transitioning economy context.
Keywords: R&D subsidies, R&D inputs, Panel VAR, Regional development, China
۱.Introduction
To better harness the growth-enhancing power of innovation,1 an important question that naturally arises for policy-makers is how deeply should the state intervene in promoting a country’s own technological capabilities. Stemming from the failed import substitution policies of the 1970s, conventional wisdom calls for a rather limited role of the government to support indigenous innovation efforts given the public good nature of research and development (R&D) (David et al., 2000) .2 Yet, the explosion of innovation activities in emerging economies coinciding with periods of rapid economic growth has led to a renewed optimism that state-led innovation can be a major contribution to stimulate regional innovation systems and national competitive advantage (Mazzucato, 2015; Stiglitz et al., 2013)…
۵.Conclusion
The dramatic increase in innovation activity coinciding with a rapid period of economic growth in transitioning economy countries like China has drawn a renewed interest among academics and policy makers about the role of the state in promoting a country’s own technological capabilities. A small but growing number of empirical studies investigate the relationship between innovation support policies and innovation outcomes in China and other transitioning economy contexts. Yet, it remains controversial what is the effect of public R&D investments made by the state on private R&D investments and their wider economic effects. To help contribute to this ongoing debate, this paper studies the effect of R&D subsidies on private R&D investments of LMEs and the broader implications for technological and economic development in the Chinese context. To this end, we estimate a structural VAR model relying on provincial-level data during the 2000–۲۰۱۰ time period…
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