Abstract
We selected the public disclosure data of 158 listed companies in China’s environmental protection industry and analyzed the impact of two types of government incentives (government subsidies and tax incentives) on the R&D and innovation activities of companies. The study also analyzed the differences caused by the location and nature of ownership of the companies. The results showed that both government subsidies and tax incentives have a significant effect on R&D and innovation in the environmental protection industry. Furthermore, the impact of government incentives on enterprise innovation is heterogeneous. Compared with the western region, the impact of government subsidies and tax incentives is more significant for the eastern and middle regions. Similarly, compared with state-owned enterprises, the impact of government subsidies and tax incentives is more significant for non-state-owned enterprises.
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 callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
