Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/265652 
Authors: 
Year of Publication: 
2022
Series/Report no.: 
31st European Conference of the International Telecommunications Society (ITS): "Reining in Digital Platforms? Challenging monopolies, promoting competition and developing regulatory regimes", Gothenburg, Sweden, 20th - 21st June 2022
Publisher: 
International Telecommunications Society (ITS), Calgary
Abstract: 
In the past decades, the Chinese ICT industry has received fiscal, taxation, and financial policy support in technology R&D. This research adopts causal inference methods for mediation analysis with interaction to empirically examine the direct and indirect effects of R&D subsidies in the Chinese ICT manufacturing industry. We found that the impact of R&D subsidies on private R&D expenditure and innovation outputs is positive and statistically significant. However, higher subsidy intensity crowds out private R&D expenditures. Second, in the Eastern region, firms invest more in R&D but more in incremental rather than radical innovation. And, the enterprise average private R&D expenditure is insufficient in the ECE sector. Finally, openness and information levels positively contribute to innovation outputs. Based on the findings, we propose several policy suggestions.
Subjects: 
R&D subsidies
innovation output
private R&D investment
Chinese ICT manufacturing
causal mediation analysis
Document Type: 
Conference Paper

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