The Study Of Stimulating Effects Of Government R&D Subsidies On Innovation Of Chinese Enterprises

On the basis of the experience of traditional inductive method and data analysis method based on the theory of government based interdisciplinary R&D subsidies to question Chinese enterprises’ technological innovation incentives aspects of in-depth study. After this stage, the focus on the importance and necessity issued under national technology innovation to catch up with the state government capital subsidy activities carried out mathematical derivation and theoretical analysis of the effects of various factors on government R&D subsidies made assumptions and conjecture. Build panel data model, from corporate innovation spending and business innovation output two aspects of the effect government R&D subsidies do empirical analysis on the data level to verify the basic conclusion of government R&D subsidies to corporate innovation activities with incentives, and reveals the knowledge stock, firm size, ownership structure and the technical level and other factors specific impact on the role of government R&D subsidies effects; concludes with policy recommendations.Paper is divided into seven chapters, the main contents are as follows:The first chapter is an introduction, explained the research background, significance, content and structure of the arrangements, research objectives, methods and technology roadmap, and the expected innovation points. The second chapter is the literature review, research progress in relations between the government R&D subsidies and technological innovation in the study of literature at home and abroad on the basis of a systematic review and a brief commentary. The third chapter is on China R&D funding and government R&D subsidies facts outlined, qualitative analysis of the R&D subsidies to the significance of innovation, and through empirical analysis of the factors that effect the government R&D subsidies to discuss the impact of assumptions. The fourth chapter in the game model built on the foundation, through entirely by market regulation and government subsidies for comparative analysis of the two cases, multinational companies have demonstrated the necessity of technical advantages under the conditions of the enterprise innovation activities of government subsidies. The fifth chapter is an empirical analysis of panel data, proven impact on business innovation expenditures and innovation output, the government R&D subsidies have a significant incentive effect; and found sound and technology personnel staff the knowledge structure of the proportion of the increased expansion of business scale, state-owned property rights to establish and capital the increase in the stock of government subsidies have positive effects in promoting and stimulating; finally come to this stage of R&D personnel marginal return is higher than the output of innovation R&D capital stock of the conclusions. Chapter six on how our government to be funding for innovation activities of Chinese enterprises and R&D subsidies targeted policy recommendations. And chapter seven is the full text summary and future outlook.