Abstract
This study explores how public research and development (R&D) subsidy influence high-tech small and medium-sized enterprises’ (SMEs) learning from universities. Two mediating paths, namely R&D collaborations with universities and recruiting highly-educated human resources, are also tested. We employ an exclusive panel data came from a survey of high-tech firms in Jiangsu Province, China, from 2010 to 2014. We find that R&D subsidies can promote high-tech SMEs’ scientific and technological knowledge learning from universities, and we further find that recruiting highly-educated R&D human resources has partial mediating effect. When subsidy-receiving SMEs are located at science parks, the effects of R&D subsidies on SMEs’ learning from universities are strengthened. Our findings contribute to innovation policy studies and innovation systems research. Several important policy implications are also obtained based on this study.
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