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What is Impact of China about?

This study investigates the effects of a Chinese government R&D program called Innovation Fund for Small and Medium Technology-based Firms (Innofund) on firm innovation. Using data from 1998 to 2007, they find that Innofund-backed firms generated higher technological and commercial innovation outputs. They also find the program became more effective after decentralizing governance in 2005. The study aims to address identification issues in evaluating government R&D programs.

Author

amirhayat15

Language

EN