Research On The Impact Of Government R&D Subsidies On Enterprise R&D Investment And Patent Output

The core power of economic development from technological innovation,and the high-tech industry as the forerunner of China's manufacturing industry,the technological innovation activities of R&D investment amount is huge,and the existence of technology spillover caused the enterprise R&D investment amount is always lower than the social optimal investment level,this requires the government to give some compensation the enterprise R&D activities,which is conducive to solve the enterprises engaged in R&D activities enthusiasm problem.However,in the current Chinese government R&D subsidies increase the background under the framework of R&D subsidies(such as expenses and rent-seeking)is becoming more and more serious,the R&D effect of subsidies by the criticism,the broad masses of the people therefore,this paper has a certain practical significance of the research.As one of the high-tech industries,pharmaceutical manufacturing industry is a very important strategic industry in China,which has close relationship with the economic growth and the improvement of the quality of the people's living standards.Moreover,the pharmaceutical manufacturing industry in addition to its common features with high tech industry: high capital intensity,high degree of knowledge intensive and high investment risk,technical field across the range of large,high government administrative barriers but also has its own industry.Therefore,this paper takes the pharmaceutical manufacturing industry as an example to discuss the impact of government R&D subsidies on enterprise technological innovation investment and patent output.Based on the above background,this paper respectively to the theoretical background and practical background of sorting out the current pharmaceutical industry government R&D subsidies through literature review,analysis of the current situation;and then from the analysis of the corresponding mechanism of enterprise technological innovation investment and the output from the two angles of government R&D subsidies;then constructed in China's current pharmaceutical industry background.Master the key technology of game model of transnational corporations and not to master the technology of domestic enterprises,from the strategic behavior is no strategic behavior analysis of enterprise technology innovation of government R&D subsidies and multinational companies,from the theoretical analysis of the necessity of government R&D subsidies.Due to a game model involved in domestic enterprises only imitate innovation,and there is no analysis to the original innovation of enterprises,in order to ensure the integrity of the theoretical level,to construct a game model of enterprise original innovation and imitation innovation of enterprises,and the strategy of behavior analysis;finally.By using Cobb Douglas production function leads to enterprise technological innovation model,from two angles of enterprise R&D investment and enterprise patent output,panel data of three groups by dividing the eastern central and western regions,to analyze and compare the influence of different regions of China's pharmaceutical industry government R&D subsidies on enterprise technological innovation and patent output.The main conclusions are as follows:(1)the area of government R&D subsidies has a significant incentive effect to the enterprise technological innovation investment,and in the western region of the government R&D subsidy incentive effect is obviously better than the eastern region;(2)the government R&D subsidy has a positive effect on the enterprise patent output in all regions,but only a positive role in promoting the eastern region is significant;(3)whether it is from the analysis of the enterprise technological innovation and patent output angle,lagged values of various regions of the government R&D subsidy has incentive effect on technological innovation,but all is not significant.The above research results show that:(1)when the environment of technology innovation is poor,the government R&D subsidies more incentive for enterprise technological innovation investment promotion,to the enterprise patent output effect is small,and the better the environment of technology innovation have the opposite effect;(02)the government R&D subsidies to have short-term and the less,taking into account the impact of technological innovation of enterprises long-term.Finally,this paper puts forward the corresponding policy recommendations for enterprises.The research methods used in this paper are as follows:(1)literature deduction methodBased on the existing theoretical research results,this paper through the literature review,including the government R&D subsidies on enterprise technological innovation input and output of the two directions of the literature.The summary of the literature and the analysis of the game model of the post text analysis and construction of econometric models and empirical research has laid a theoretical foundation.(2)game analysisThis paper uses the method of game analysis,construction master the key technology of China's pharmaceutical manufacturing industry of multinational companies,the game model and China's enterprises did not grasp the technology,from the strategic behavior is no strategic behavior analysis of enterprise technology innovation of government R&D subsidies and multinational companies,from the theoretical analysis of the necessity of government R&D subsidy;game model of imitation innovation and further construction of original innovation of enterprises in our country and follow the original innovation,and analyzes the influence of technological innovation on innovation behavior of various types of enterprises government subsidies to enterprises of R&D.(3)econometric analysisIn this paper,the use of statal2.0,auxiliary eviews6.0 software to build a government R&D subsidies for pharmaceutical manufacturing enterprises R&D investment and patent output of the econometric model,and the regression analysis of the model.