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Picking ‘winners' in China: Do subsidies matter for indigenous innovation and firm productivity?

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  1. Hu, Tiancheng & Guo, Rui & Ning, Lutao, 2022. "Intangible assets and foreign ownership in international joint ventures: The moderating role of related and unrelated industrial agglomeration," Research in International Business and Finance, Elsevier, vol. 61(C).
  2. Yuyang Zhao & Xinyu Dong, 2024. "Fiscal Policy Uncertainty and Firms’ Production Efficiency: Evidence from China," Sustainability, MDPI, vol. 16(24), pages 1-24, December.
  3. Seenaiah Kale & Badri Narayan Rath, 2018. "Does Innovation Enhance Productivity In Case Of Selected Indian Manufacturing Firms?," The Singapore Economic Review (SER), World Scientific Publishing Co. Pte. Ltd., vol. 64(05), pages 1225-1250, November.
  4. Băzăvan, Adrian, 2019. "Chinese government's shifting role in the national innovation system," Technological Forecasting and Social Change, Elsevier, vol. 148(C).
  5. Ruifa Hu & Changxin Yu & Yanhong Jin & Carl Pray & Haiyan Deng, 2022. "Impact of Government Policies on Research and Development (R&D) Investment, Innovation, and Productivity: Evidence from Pesticide Firms in China," Agriculture, MDPI, vol. 12(5), pages 1-16, May.
  6. Yuping Cao & Xiaojin Sun, 2025. "Soft budget constraints and technological innovations: evidence from China," Public Choice, Springer, vol. 202(1), pages 109-139, January.
  7. Zhao, Shikuan & Cao, Yuequn & Hunjra, Ahmed Imran & Tan, Yan, 2023. "How does environmentally induced R&D affect carbon productivity? A government support perspective," International Review of Economics & Finance, Elsevier, vol. 88(C), pages 942-961.
  8. Wenjing Duan & Pedro S. Martins, 2022. "Rent sharing in China: Magnitude, heterogeneity and drivers," British Journal of Industrial Relations, London School of Economics, vol. 60(1), pages 176-219, March.
  9. Binhua Qian, 2023. "Financial subsidies, tax incentives, and new energy vehicle enterprises’ innovation efficiency: Evidence from Chinese listed enterprises," PLOS ONE, Public Library of Science, vol. 18(10), pages 1-20, October.
  10. Hu, Tiancheng, 2023. "Foreign ownership in joint ventures under knowledge leakage risks: The influence of industrial munificence and dynamism," Journal of Multinational Financial Management, Elsevier, vol. 68(C).
  11. Junguo Shi & Bert M. Sadowski & Xinru Zeng & Shanshan Dou & Jie Xiong & Qiuya Song & Sihan Li, 2023. "Picking winners in strategic emerging industries using government subsidies in China: the role of market power," Humanities and Social Sciences Communications, Palgrave Macmillan, vol. 10(1), pages 1-8, December.
  12. Jun Du & Sourafel Girma & Holger Görg & Ignat Stepanok, 2023. "Who wins and who loses from state subsidies?," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 56(3), pages 1007-1031, August.
  13. Jingjing Chen & Han Feng & Hong Zhou, 2022. "Local industrial policy and productivity: Evidence from China," Contemporary Economic Policy, Western Economic Association International, vol. 40(1), pages 138-161, January.
  14. Ondřej Dvouletý & Ivana Blažková, 2019. "The Impact of Public Grants on Firm-Level Productivity: Findings from the Czech Food Industry," Sustainability, MDPI, vol. 11(2), pages 1-24, January.
  15. Sebastian Losacker & Ingo Liefner, 2020. "Implications of China's innovation policy shift: Does “indigenous” mean closed?," Growth and Change, Wiley Blackwell, vol. 51(3), pages 1124-1141, September.
  16. Huang, Xiulu & Wang, Xiaoyu & Ge, Pengfei, 2024. "Selective industrial policy and innovation resource misallocation," Economic Analysis and Policy, Elsevier, vol. 82(C), pages 124-146.
  17. Fangyu Ye & Qilong Deng, 2021. "Strategies for poverty alleviation supply chain with government subsidies and misreporting behavior in China," PLOS ONE, Public Library of Science, vol. 16(7), pages 1-19, July.
  18. Mao, Jie & Tang, Shiping & Xiao, Zhiguo & Zhi, Qiang, 2021. "Industrial policy intensity, technological change, and productivity growth: Evidence from China," Research Policy, Elsevier, vol. 50(7).
  19. Sha Lou & Chunqiong Yao & Dehua Zhang, 2025. "How to promote green innovation of high-pollution firms? A fuzzy-set QCA approach based on the TOE framework," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 27(2), pages 4911-4935, February.
  20. Laiqun Jin & Changwei Mo & Bochao Zhang & Bing Yu, 2018. "What Is the Focus of Structural Reform in China?—Comparison of the Factor Misallocation Degree within the Manufacturing Industry with a Unified Model," Sustainability, MDPI, vol. 10(11), pages 1-19, November.
  21. Yan, Chen & Ji, Yaxing & Chen, Rui, 2023. "Research on the mechanism of selective industrial policies on enterprises' innovation performance ——Evidence from China's photovoltaic industry," Renewable Energy, Elsevier, vol. 215(C).
  22. Su, Zhong-qin & Xiao, Zuoping & Yu, Lin, 2019. "Do political connections enhance or impede corporate innovation?," International Review of Economics & Finance, Elsevier, vol. 63(C), pages 94-110.
  23. Jiang, Xiandeng & Kong, Dongming & Xiao, Chengrui, 2020. "Policy certainty and heterogeneous firm innovation: Evidence from China," China Economic Review, Elsevier, vol. 63(C).
  24. Abdol Majid Saadat Nezhad & Tahmoures Sohrabi & Nasrollah Shadnoosh & Abbas Toloie Eshlaghy, 2017. "A New Approach to Challenges of Venture Capital in Financing the Industrial Clusters through Cooperative Models and Venture Funds in Iran," International Journal of Economics and Financial Issues, Econjournals, vol. 7(6), pages 111-119.
  25. Deng, Haiyan & Hu, Ruifa & Pray, Carl & Jin, Yanhong, 2019. "Impact of government policies on private R&D investment in agricultural biotechnology: Evidence from chemical and pesticide firms in China," Technological Forecasting and Social Change, Elsevier, vol. 147(C), pages 208-215.
  26. Xing Shi & Yanrui Wu & Dahai Fu & Xiumei Guo & Huaqing Wu, 2019. "Effects of National Science and Technology Programs on Innovation in Chinese Firms," Asian Economic Papers, MIT Press, vol. 18(1), pages 207-236, Winter/Sp.
  27. Li, Mingyang & Jin, Man & Kumbhakar, Subal C., 2022. "Do subsidies increase firm productivity? Evidence from Chinese manufacturing enterprises," European Journal of Operational Research, Elsevier, vol. 303(1), pages 388-400.
  28. Dai, Xiaoyong & Chapman, Gary, 2022. "R&D tax incentives and innovation: Examining the role of programme design in China," Technovation, Elsevier, vol. 113(C).
  29. Mo, Jiaying & Kong, Dongmin & Rong, Zhao & Yu, Li, 2025. "Technological diversification and resilience to systematic risk: Evidence from listed firms in China," International Review of Economics & Finance, Elsevier, vol. 99(C).
  30. Hui Deng & Chuang Li & Liping Wang, 2022. "The Impact of Corporate Innovation on Environmental Performance: The Moderating Effect of Financing Constraints and Government Subsidies," Sustainability, MDPI, vol. 14(18), pages 1-18, September.
  31. Luan, Ranran & Lin, Boqiang, 2022. "Positive or negative? Study on the impact of government subsidy on the business performance of China's solar photovoltaic industry," Renewable Energy, Elsevier, vol. 189(C), pages 1145-1153.
  32. Rong Xu & Conggang Li & Cong Cao & Minghao Fang, 2021. "Does science–industry cooperation policy enhance corporate innovation: Evidence from Chinese listed firms," Accounting and Finance, Accounting and Finance Association of Australia and New Zealand, vol. 61(3), pages 3823-3853, September.
  33. Stojcic, Nebojsa, 2024. "Innovation failure, training for innovative activities and public support for innovation: Multi-annual evidence from emerging European innovation systems," Research Policy, Elsevier, vol. 53(8).
  34. Boeing, Philipp & Eberle, Jonathan & Howell, Anthony, 2022. "The impact of China's R&D subsidies on R&D investment, technological upgrading and economic growth," Technological Forecasting and Social Change, Elsevier, vol. 174(C).
  35. Raphaël CHIAPPINI & Sophie POMMET, 2023. "The impact of public support for innovation on SME performance and efficiency," Bordeaux Economics Working Papers 2023-06, Bordeaux School of Economics (BSE).
  36. Yang, Yang & Mukhopadhaya, Pundarik & Yu, Zhuangxiong, 2020. "Relationship between city size and firm productivity – A new interpretation using the Chinese experience," Economic Modelling, Elsevier, vol. 93(C), pages 546-558.
  37. Hu, Chenguang & Li, Jiatao & Yun, Kyung Hwan, 2023. "Re-examining foreign subsidiary survival in a transition economy: Impact of market identity overlap and conflict," Journal of World Business, Elsevier, vol. 58(3).
  38. Zhou, Jianghua & Li, Jizhen & Jiao, Hao & Qiu, Hang & Liu, Zixu, 2020. "The more funding the better? The moderating role of knowledge stock on the effects of different government-funded research projects on firm innovation in Chinese cultural and creative industries," Technovation, Elsevier, vol. 92.
  39. Ruzhi Xu & Tingting Guo & Huawei Zhao, 2022. "Research on the Path of Policy Financing Guarantee to Promote SMEs’ Green Technology Innovation," Mathematics, MDPI, vol. 10(4), pages 1-24, February.
  40. Han, Miao & Zhang, Dayong & Bi, Xiaogang & Huang, Wei, 2019. "Subsidized overexpansion of Chinese firms," International Review of Financial Analysis, Elsevier, vol. 62(C), pages 69-79.
  41. Zibiao Li & Siwei Wang & Keyuan Sun & Han Li & Xue Lu, 2022. "Energy Conservation or Emission Reduction? The Effects of Different Types of Environmental Regulations on Enterprises’ Green Innovation Preference," SAGE Open, , vol. 12(2), pages 21582440221, June.
  42. Wu, Zhanchi & Fan, Xiangjun & Zhu, Bangzhu & Xia, Jiahui & Zhang, Lin & Wang, Ping, 2022. "Do government subsidies improve innovation investment for new energy firms: A quasi-natural experiment of China's listed companies," Technological Forecasting and Social Change, Elsevier, vol. 175(C).
  43. Xiang Cai & Jing Li & Jun Wu & Haijing Zhang & Ping Chen & Xin Huang, 2022. "The Impact of Enterprise R&D Investment and Government Subsidies on Technological Progress: Evidence from China’s PV Industry," Energies, MDPI, vol. 15(12), pages 1-26, June.
  44. Yue Zhu & Ziyuan Sun & Ling Wang & Xiaoping Wang & Lu Zhang, 2020. "Research on Innovation Catering Behavior and Its Economic Consequences—An Empirical Analysis Based on Threshold Regression Model," Sustainability, MDPI, vol. 12(19), pages 1-15, October.
  45. PU, Zhengning & FEI, Jinhua, 2022. "The impact of digital finance on residential carbon emissions: Evidence from China," Structural Change and Economic Dynamics, Elsevier, vol. 63(C), pages 515-527.
  46. Szunomár, Ágnes, 2019. "A digitális nagy ugrás. Lassulás és modernizációs stratégiaváltás Kínában [The great digital leap. Deceleration and a change in modernisation strategy in China]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(12), pages 1312-1346.
  47. Linjie Feng & Huangxin Chen & Yuriy Bilan & Salahuddin Khan & Weipeng Zhan, 2024. "Green innovation: the role of government subsidies under the system of digital finance -based on a zero-inflated negative binomial model," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 26(11), pages 29621-29642, November.
  48. Cátia Rosário & Celeste Varum & Anabela Botelho, 2022. "Impact of Public Support for Innovation on Company Performance: Review and Meta-Analysis," Sustainability, MDPI, vol. 14(8), pages 1-16, April.
  49. Huang, Geng & Lin, Xi & He, Ling-Yun, 2025. "Export destinations and pollution reduction: Theory and evidence from Chinese enterprises," China Economic Review, Elsevier, vol. 92(C).
  50. Lin, Boqiang & Zhang, Aoxiang, 2024. "Impact of government subsidies on total factor productivity of energy storage enterprises under dual-carbon targets," Energy Policy, Elsevier, vol. 187(C).
  51. Vivek Arulnathan & Mohammad Davoud Heidari & Maurice Doyon & Eric P. H. Li & Nathan Pelletier, 2022. "Economic Indicators for Life Cycle Sustainability Assessment: Going beyond Life Cycle Costing," Sustainability, MDPI, vol. 15(1), pages 1-27, December.
  52. Suyi Zheng & Jiandong Wen, 2023. "How Does Firm-Level Economic Policy Uncertainty Affect Corporate Innovation? Evidence from China," Sustainability, MDPI, vol. 15(7), pages 1-23, April.
  53. Tinghui Li & Jiehua Ma & Bin Mo, 2021. "Does the Land Market Have an Impact on Green Total Factor Productivity? A Case Study on China," Land, MDPI, vol. 10(6), pages 1-19, June.
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