Abstract
Based on the data of A-share listed companies from 2009 to 2014, this paper discusses the effect of government subsidies on corporation innovation investment under different ownerships by comparing the two groups of state- owned enterprises and non-state-owned enterprises. And we join two factors of the anti-corruption and the process of marketization to further analyze the effect of government subsidies on the adjustment of corporate innovation investment under the environment of the anti-corruption.
Highlights
Innovation is the driving force of a country’s development
The contribution of this paper is mainly embodied in two aspects: first, from the perspective of rent-seeking, we analyze the efficiency of government subsidies for enterprise innovation investment and expand the theory of rentseeking theory
1) the effect of government subsidy on enterprise innovation investment under different ownerships Compared with non-state-owned enterprises, state-owned enterprises have obvious advantages in the resource endowment because state-owned enterprises and local governments have a natural link, which reduces the cost of rent-seeking
Summary
Innovation is the driving force of a country’s development. And enterprises are the main body of economic activities. The effect of government subsidies on enterprise innovation investment is not the same for different ownership firms. Wang terprise executives were investigated for corruption This provides an opportunity for us to study the relationship between government subsidies and business innovation investment in the context of anti-corruption. This paper uses empirical analysis to analyze the impact of government subsidies on corporation innovation investment on the listed companies from 2009 to 2014. The contribution of this paper is mainly embodied in two aspects: first, from the perspective of rent-seeking, we analyze the efficiency of government subsidies for enterprise innovation investment and expand the theory of rentseeking theory. We provide theoretical analysis and explanation for the implementation effect of anti-corruption in China.
Sign-in/Register to view highlights & summary Sign-in/Register to access full text options 
Free) 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a call
