Abstract
AbstractThis study evaluates the effects of policy on the quantity and quality of innovations based on microdata collected from Chinese enterprises from 2006 to 2020 and then identifies the moderating effect of technological opportunity. The results indicate that while policy significantly increases the quantity of innovation, it inhibits its quality, and when technological opportunities are added to this mix, it does not significantly moderate the impact of policy on innovation quantity but does weaken its negative effect on innovation quality.
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