The Effect of Government Technology Funding on Business R & D Expenditure in China and OECD Countries

Qing Tang; Yu Jie Liu

doi:10.4028/www.scientific.net/AMR.601.606

Paper Titles

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The Effect of Government Technology Funding on Business R & D Expenditure in China and OECD Countries
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HomeAdvanced Materials ResearchAdvanced Materials Research Vol. 601The Effect of Government Technology Funding on...

The Effect of Government Technology Funding on Business R & D Expenditure in China and OECD Countries

Abstract:

This paper analyzes the effects of government science and technology funding on business R & D expenditure in China and OECD countries from 1991 to 2007.Compare the regression results, studies show that: overall, the leverage of government science and technology investment is greater than the crowding-out effect both in China and OECD countries, and the net effect of China is much larger than OECD countries. Both R & D funding of the government providing to universities crowd out business R & D spending, especially OECD countries, then make relevant policy recommendations.

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Periodical:

Advanced Materials Research (Volume 601)

Pages:

606-610

DOI:

https://doi.org/10.4028/www.scientific.net/AMR.601.606

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Online since:

December 2012

Authors:

Qing Tang, Yu Jie Liu

Keywords:

Corporate R & D Expenditures, Crowding-Out Effect, Everage Effect, Government Technology Investment, Innovation-Oriented Country

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