Research On Relationships Among Government Funding,R&D Model And Innovation Performance Of Chinese Textile Industry

According to organizational boundary and knowledge source,the R&D activi ties of enterprises can be divided into internal R&D and cooperative R&D.In order to stimulate enterprises' enthusiasm of carring out R&D activities,the government has launched a variety of policy instruments and has taken fostering cooperation among different organizations as one of the goals of subsidy policies.The textile industry is a pillar industry of the national economy in China and has played an important role in China's industrialization.With the trend of global economic integration,China's textile industry has entered a new stage of improving its competitiveness by technological innovation.The improvement of the technological innovation ability of textile industry in China will be of great significance to the development of national economy.The innovation of the textile industry has become an important issue worthy of attention.In recent years,the lack of R&D funds has seriously affected the improvement of the innovation ability of China's textile industry.Although the amount of government R&D funding has been increasing,the proportion of government funding in R&D funds of the whole society is still low.Suboptimal level of government funding does not fully stimulate private R&D funding.At the same time,the effect of government R&D funding has also aroused many doubts.Whether government R&D funding can really stimulate the innovation ability of textile industry has become a common concern of the government and enterprises.Based on externality theory and transaction cost theory,the relationship between government funding,R&D models and the innovation performance of the Chinese textile industry is studied.The econometric models,such as negative binomial model,binary choice model,ordered choice model and path analysis model,etc.have been set.There are four aspects about the theme-what the effect of government R&D funding on the innovation performance is and how government R&D funding affects the innovation performance of textile industry:(I)What is the effect of government R&D funding on enterprise innovation performance and whether there are differences of the effects from the perspective of contingency;(II)What is the effect of government R&D funding on enterprise R&D model and whether there are differences of the effects from the perspective of contingency;(III)Whether the R&D model has a significant impact on innovation performance and whether there are interactions between different R&D models;(IV)Whether Internal R&D and cooperative R&D play multiple mediating roles in the process of government R&D funding affecting innovation performance.The main conclusions are as follows.(1)Government funding has a significant promoting effect on the innovation performance.The moderating effect of intellectual property protection is significant.The higher the level of intellectual property protection,the greater the promoting effect of government funding on innovation performance.Although the moderating effect of enterprises' ownership is not significant in the total sample,t he results in sub-samples are different.Government funding has greater promoting effect on private enterprises' innovation performance than on state-owned enterprise in chemical fiber manufacturing sub-industry,while the results is just the opposite in the apparel sub-industry.The moderating effect of the intellectual property protection will be different due to the different of ownership.When the level of intellectual property protection is high,the promoting effect of government funding on private enterprises' innovation performance is greater than that on state-owned enterprises in textile sub-industry and chemical fiber manufacturing sub-industry.However,in apparel sub-industry,the improvement of intellectual property protection level can enhance the promoting effect of government funding on state-owned innovation performance.(2)Government funding has significant effect on the internal R&D and cooperative R&D.The promoting effect of government funding on the science-based cooperation is greater than that on the market-based cooperation of enterprises.The effect of government funding on cooperative R&D varies with the internal R&D intensity of the enterprises.The promoting effect of government funding on cooperative R&D is greater in enterprises with high internal R&D intensity than in enterprises with low internal R&D intensity(3)Internal R&D,science-based cooperation and market-based cooperation all have significant promoting effects on innovation performance.The promoting effect of internal R&D on innovation performance is the greatest,followed by the effect of science-based cooperation,and the effect of market-based cooperation is the least.Both internal R&D and cooperative R&D have more promoting effects on R&D reserve performance tha n those on market performance.Cooperative R&D promotes innovation performance by combining with internal R&D.Enterprise that carry out both internal R&D and cooperative R&D can promote innovation performance more effectively.(4)Internal R&D plays a partial mediating role in the relation between government funding and science-based cooperation and a completely mediating role in the relation between government funding and market-based cooperation.Multiple mediating effects of internal R&D and cooperative R&D in the process of government promoting innovation performance are mainly as follows: firstly,government funding promotes internal R&D,which in turn promotes innovation performance;Secondly,government funding promotes internal R&D,internal R&D promotes cooperative R&D,and then cooperative R&D promotes innovation performance;Thirdly,government funding promotes science-based cooperation,and science-based cooperation promotes research reserve performance.Although government funding promotes innovation performance through a variety of ways,internal R&D is crucial in the innovation chain and the leverage effect of government funding promoting innovation performance through cooperative R&D is not significant.Management implications are summarized based on the conclusions.The government should continue to increase R&D funding to the textile industry.It is necessary to make clear which enterprises are the objects should be funded.In order to protect the benefit of innovators and ensure the effective use of funding,intellectual property protection policies need to be improved.It is necessary to establish truly effective cooperative innovation platforms which are driven by government,so that the goals of government funding can be effectively transmitted through high-intensity R&D cooperation mechanism.The government should formulate effective measures to improve the commercialization of R&D achievements.Enterprises should be guided to overcome market inefficiency related to technological innovation as far as possible.This study deepens the understanding of the principle of the government funding policy effect on enterprise innovation performance based on externality theory and transaction cost theory.The conclusions provide theoretical guidance and empirical evidence for the government to formulate more scientific and reasonable subsidy policies aimed at promoting enterprises to carry out diversified R&D model and promote innovation performance.