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on Government Support and R&D Investment Effectiveness in Chinese SMEs: A Complex Relationship

机译:中小企业的政府支持与研发投入有效性研究:复杂的关系

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Abstract>This paper investigates the combined role of innovation support policies and firm's own innovative activities on the performance of Chinese small- and medium-sized enterprises (SMEs) in high-tech sectors. By distinguishing two components of innovative activities—research and development (R&D) investments and embedded innovative capacity—the paper develops and tests an integrative moderated moderation model. The results suggest that in Chinese high-tech SMEs innovation-support policies positively moderate the relationship between R&D investments and performance, but this positive effect diminishes when there are higher levels of embedded innovative capacity. These results highlight that the relationship between government innovation policies and a firm's own R&D investments is not only reciprocal but also more complex than the one so far analyzed in the literature. The results show in particular that the effects of innovation-support policies on R&D investments is not as neat as it seems, because of the internal balance within the firm between investment in R&D and other sources of innovation. Therefore, although innovation support policies have been found to help Chinese SMEs in high-tech sectors benefit from their R&D investments, these policies are particularly effective only when R&D investments are significantly driving firms’ innovative activities. This highlights the relevance of both government support and a firm's own efforts in the competitive modernization of Chinese SMEs.
机译:<抽象xmlns:xlink = “ http://www.w3.org/1999/xlink ” xmlns:mml = “ http://www.w3.org/1998/Math/MathML ” xmlns:xsi = “ http://www.w3.org/2001/XMLSchema-instance ” xmlns:oasis = “ http://docs.oasis-open.orgs/oasis-exchange/table ”> 摘要 >本文探讨了创新支持政策和企业自身的创新活动对中国高科技行业中小型企业(SME)绩效的综合作用。通过区分创新活动的两个组成部分(研究与开发(R&D)投资和嵌入式创新能力),本文开发并测试了集成的适度调节模式。结果表明,在中国高科技中小企业的创新支持政策中,R&D投资与绩效之间的关系得到了积极的调节,但是当嵌入的创新能力水平较高时,这种积极效果就会减弱。这些结果表明,政府创新政策与企业自身的R&D投资之间的关系不仅是对等的,而且比迄今为止文献中所分析的更为复杂。结果特别表明,创新支持政策对R&D投资的影响并不像看起来那样整洁,这是因为公司在R&D投资和其他创新来源之间存在内部平衡。因此,尽管已发现创新支持政策可以帮助高科技行业的中国中小企业从研发投资中受益,但这些政策仅在研发投资显着推动企业创新活动时才特别有效。这凸显了政府支持和企业自身努力对中国中小企业竞争现代化的意义。

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  • 来源
    《Asian Economic Papers》 |2017年第1期|229-231|共3页
  • 作者单位

    Department of Engineering for Innovation University of Salento c/o Ed. A. Romano – Campus Ecotekne Via per Monteroni SN 73100 Lecce, Italy;

    Department of Economics and Management University of Ferrara Via Voltapaletto, 11 44121 Ferrara, Italy;

    Management and Health Laboratory Institute of Management Scuola Superiore Sant’Anna Via San Zeno 2 56127 Pisa, Italy and Department of Statistics, Informatics and Applications (DiSIA) University of Florence Viale Morgagni 59 50134 Firenze, Italy;

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