What Types of Science and Technology Policies Stimulate Innovation? Evidence from Chinese firm-level data
What Types of Science and Technology Policies Stimulate Innovation? Evidence from Chinese firm-level data
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发表时间:
2014-09
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通讯作者:
Asei Ito;Zhuoran Li;Min Wang
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作者:
Asei Ito;Zhuoran Li;Min Wang
Since the Chinese government's rapid increase in expenditure on science and technology (ST however, few empirical evaluations have been conducted on each policy level and category. This paper estimates the treatment effects of innovation policies at each government level and category by using firm-level survey data from the inland city of Chengdu. Results suggest that ST in particular, city-level policies and various government services. On the other hand, some policy categories, including tax incentives, seem to be inefficient. Restructuring the current policy menu and establishing further feedback mechanisms for S&T policy will improve the efficacy of such spending.