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Research on the Impact of Government Investment on Enterprise R&D Innovation——Based on the Mediation Effect Model

Kejia Li, Yirong Li, Wenbo Liu, Yuancai Wei

Abstract


Although government procurement is used as a demand-side innovation policy tool in many countries, how government procurement affects corporate technological innovation is still controversial, and its mechanism has not been empirically tested. The research in this paper finds that, from the perspective of enterprises, government procurement should be measured from the scale of government procurement contracts obtained by enterprises and the degree of support from government purchasers. The scale of procurement contracts obtained by enterprises and the degree of support obtained by enterprises from purchasers have an impact on the input and output of enterprise technological innovation. It has a significant positive role in promoting, and technological innovation investment plays an intermediary role in it.

Keywords


Government Investment; R&D Innovation; Intermediary Effect

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References


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DOI: http://dx.doi.org/10.18686/fm.v6i2.3293

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