Can corruption punishment increase R&D subsidy policy effects? An empirical analysis based on quantitative and qualitative perspectives

IF 3.7 3区管理学 Q2 BUSINESS

Journal of Engineering and Technology Management Pub Date : 2025-04-01 DOI:10.1016/j.jengtecman.2025.101872

Wencong Ma , Zili Chen , Xiude Chen , Kaihua Chen

引用次数: 0

Abstract

This study explores the impact of corruption punishment on the effectiveness of R&D subsidy policies, using panel data from China’s A-share listed companies, with a focus on both the quantity and quality of innovation. The findings reveal that: (1) Corruption punishment weakens the positive effect of R&D subsidies on innovation quantity, while enhancing their positive effect on innovation quality. (2) Corruption punishment increases the significance of R&D investment in securing R&D subsidies and curbs the influence of rent-seeking behavior on obtaining these subsidies. (3) Strengthening corruption punishment is likely to amplify the patent value effect of R&D subsidies.

查看原文本刊更多论文

惩治腐败能否提高研发补贴政策的效果？基于定量和定性视角的实证分析

本文章由计算机程序翻译，如有差异，请以英文原文为准。

求助全文

约1分钟内获得全文求助全文

来源期刊

Journal of Engineering and Technology Management 管理科学-工程：工业

CiteScore

8.00

自引率

6.20%

发文量

审稿时长

>12 weeks

期刊介绍： The Journal of Engineering and Technology Management (JET-M) is an international scholarly refereed research journal which aims to promote the theory and practice of technology, innovation, and engineering management. The journal links engineering, science, and management disciplines. It addresses the issues involved in the planning, development, and implementation of technological capabilities to shape and accomplish the strategic and operational objectives of an organization. It covers not only R&D management, but also the entire spectrum of managerial concerns in technology-based organizations. This includes issues relating to new product development, human resource management, innovation process management, project management, technological fusion, marketing, technological forecasting and strategic planning. The journal provides an interface between technology and other corporate functions, such as R&D, marketing, manufacturing and administration. Its ultimate goal is to make a profound contribution to theory development, research and practice by serving as a leading forum for the publication of scholarly research on all aspects of technology, innovation, and engineering management.