Fuguo Cao , Yusen Yang , Shaobo Guo , Andrea Appolloni
{"title":"论政府技术创新政策组合的最优效应:以政府采购与研发补贴为例——来自中国的证据","authors":"Fuguo Cao , Yusen Yang , Shaobo Guo , Andrea Appolloni","doi":"10.1016/j.seps.2025.102222","DOIUrl":null,"url":null,"abstract":"<div><div>This study explores the optimal combination of government technological innovation policies by examining the interaction between government procurement and R&D subsidies in China. Recognizing the critical role of policy balance in enhancing innovation outcomes among companies, we investigate the effectiveness and efficiency of aligning these two policy instruments. Utilizing a two-party evolutionary game model, we analyze the strategic interactions between local governments and publicly listed companies (PLCs). Our numerical simulations and sensitivity analyses indicate that overreliance on R&D subsidies is suboptimal. Specifically, we find that PLCs—whether actively or passively engaged in innovation—respond more significantly to increases in government procurement than to R&D subsidies. When the value of government procurement surpasses that of R&D subsidies, a combination of both policies more effectively and efficiently stimulates PLCs innovation. Notably, government procurement can rapidly initiate PLCs’ innovation behavior in the early stages, reflecting its significant role in boosting innovation activity in the short term. These findings suggest that policymakers should recalibrate the innovation policy mix by emphasizing demand-side policies like government procurement and reducing reliance on R&D subsidies. This rebalancing is particularly crucial for economies like China, where there is a historical dependence on subsidies, to foster sustainable innovation growth.</div></div>","PeriodicalId":22033,"journal":{"name":"Socio-economic Planning Sciences","volume":"100 ","pages":"Article 102222"},"PeriodicalIF":5.4000,"publicationDate":"2025-04-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":"{\"title\":\"Towards an optimal effect of government technology innovation policy mix: the case of government procurement and research and development subsidies with evidence from China\",\"authors\":\"Fuguo Cao , Yusen Yang , Shaobo Guo , Andrea Appolloni\",\"doi\":\"10.1016/j.seps.2025.102222\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"<div><div>This study explores the optimal combination of government technological innovation policies by examining the interaction between government procurement and R&D subsidies in China. Recognizing the critical role of policy balance in enhancing innovation outcomes among companies, we investigate the effectiveness and efficiency of aligning these two policy instruments. Utilizing a two-party evolutionary game model, we analyze the strategic interactions between local governments and publicly listed companies (PLCs). Our numerical simulations and sensitivity analyses indicate that overreliance on R&D subsidies is suboptimal. Specifically, we find that PLCs—whether actively or passively engaged in innovation—respond more significantly to increases in government procurement than to R&D subsidies. When the value of government procurement surpasses that of R&D subsidies, a combination of both policies more effectively and efficiently stimulates PLCs innovation. Notably, government procurement can rapidly initiate PLCs’ innovation behavior in the early stages, reflecting its significant role in boosting innovation activity in the short term. These findings suggest that policymakers should recalibrate the innovation policy mix by emphasizing demand-side policies like government procurement and reducing reliance on R&D subsidies. This rebalancing is particularly crucial for economies like China, where there is a historical dependence on subsidies, to foster sustainable innovation growth.</div></div>\",\"PeriodicalId\":22033,\"journal\":{\"name\":\"Socio-economic Planning Sciences\",\"volume\":\"100 \",\"pages\":\"Article 102222\"},\"PeriodicalIF\":5.4000,\"publicationDate\":\"2025-04-11\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"0\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"Socio-economic Planning Sciences\",\"FirstCategoryId\":\"96\",\"ListUrlMain\":\"https://www.sciencedirect.com/science/article/pii/S0038012125000710\",\"RegionNum\":2,\"RegionCategory\":\"经济学\",\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"Q1\",\"JCRName\":\"ECONOMICS\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"Socio-economic Planning Sciences","FirstCategoryId":"96","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S0038012125000710","RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"ECONOMICS","Score":null,"Total":0}
Towards an optimal effect of government technology innovation policy mix: the case of government procurement and research and development subsidies with evidence from China
This study explores the optimal combination of government technological innovation policies by examining the interaction between government procurement and R&D subsidies in China. Recognizing the critical role of policy balance in enhancing innovation outcomes among companies, we investigate the effectiveness and efficiency of aligning these two policy instruments. Utilizing a two-party evolutionary game model, we analyze the strategic interactions between local governments and publicly listed companies (PLCs). Our numerical simulations and sensitivity analyses indicate that overreliance on R&D subsidies is suboptimal. Specifically, we find that PLCs—whether actively or passively engaged in innovation—respond more significantly to increases in government procurement than to R&D subsidies. When the value of government procurement surpasses that of R&D subsidies, a combination of both policies more effectively and efficiently stimulates PLCs innovation. Notably, government procurement can rapidly initiate PLCs’ innovation behavior in the early stages, reflecting its significant role in boosting innovation activity in the short term. These findings suggest that policymakers should recalibrate the innovation policy mix by emphasizing demand-side policies like government procurement and reducing reliance on R&D subsidies. This rebalancing is particularly crucial for economies like China, where there is a historical dependence on subsidies, to foster sustainable innovation growth.
期刊介绍:
Studies directed toward the more effective utilization of existing resources, e.g. mathematical programming models of health care delivery systems with relevance to more effective program design; systems analysis of fire outbreaks and its relevance to the location of fire stations; statistical analysis of the efficiency of a developing country economy or industry.
Studies relating to the interaction of various segments of society and technology, e.g. the effects of government health policies on the utilization and design of hospital facilities; the relationship between housing density and the demands on public transportation or other service facilities: patterns and implications of urban development and air or water pollution.
Studies devoted to the anticipations of and response to future needs for social, health and other human services, e.g. the relationship between industrial growth and the development of educational resources in affected areas; investigation of future demands for material and child health resources in a developing country; design of effective recycling in an urban setting.