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- W2348281568 abstract "The major technological breakthrough of the strategic emerging industries can't be separated from government innovation fund,therefore the investment direction and patterns of government innovation fund are particularly important.In order to analyze the RD incentive of enterprises,we divide the enterprises in the strategic emerging industries into traditional enterprises in transition and newborn enterprises.This paper undertakes an econometric analysis of the effects of enter timing and firm size on RD expenditure by using the data of the listed companies of 103 strategic emerging enterprises from 2006 though 2011.We use Bootstrap test to examine whether there are statistically significant differences between regression coefficients of traditional enterprises in transition and newborn enterprises.Studies have shown that the newborn enterprises have greater RD incentives to innovate compared to traditional enterprises in transition which entered the strategic emerging industries at the same time point.By distinguishing RD incentives between different enterprises,government can implement innovation support policy more effectively.Based on the conclusions above,we put forward some policy recommendations on the investment direction and patterns of government innovation fund in the strategic emerging industries." @default.
- W2348281568 created "2016-06-24" @default.
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- W2348281568 date "2013-01-01" @default.
- W2348281568 modified "2023-09-23" @default.
- W2348281568 title "Investment Direction of Government Innovation Fund in the Strategic Emerging Industries:Traditional Enterprises in Transition or Newborn Enterprises" @default.
- W2348281568 hasPublicationYear "2013" @default.
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