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Do more subsidies promote greater innovation? Evidence from the Chinese electronic manufacturing industry

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  1. Chang, Kai & Long, Yu & Yang, Jiahui & Zhang, Huijia & Xue, Chenqi & Liu, Jianing, 2022. "Effects of subsidy and tax rebate policies on green firm research and development efficiency in China," Energy, Elsevier, vol. 258(C).
  2. Weidong Meng & Ye Wang & Yuyu Li & Bo Huang, 2020. "Impact of product subsidies on R&D investment for new energy vehicle firms: Considering quality preference of the early adopter group," PLOS ONE, Public Library of Science, vol. 15(7), pages 1-14, July.
  3. Lin, Boqiang & Xie, Yongjing, 2023. "Positive or negative? R&D subsidies and green technology innovation: Evidence from China's renewable energy industry," Renewable Energy, Elsevier, vol. 213(C), pages 148-156.
  4. Qiuxiang Li & Xingli Chen & Yimin Huang & Huangbao Gui & Shengyang Liu, 2019. "The Impacts of Green Innovation Input and Channel Service in a Dual-Channel Value Chain," IJERPH, MDPI, vol. 16(22), pages 1-26, November.
  5. Chen, Yunsi & Hu, Dezhuang, 2023. "Why are exporters more gender-friendly? Evidence from China," Economic Modelling, Elsevier, vol. 118(C).
  6. Manzhi Liu & Liyuan Liu & Shichun Xu & Mingwei Du & Xianxian Liu & Yanqin Zhang, 2019. "The Influences of Government Subsidies on Performance of New Energy Firms: A Firm Heterogeneity Perspective," Sustainability, MDPI, vol. 11(17), pages 1-20, August.
  7. Xu, Xiaofeng & Cui, Xiaodan & Chen, Xiangyu & Zhou, Yichen, 2022. "Impact of government subsidies on the innovation performance of the photovoltaic industry: Based on the moderating effect of carbon trading prices," Energy Policy, Elsevier, vol. 170(C).
  8. Lin, Boqiang & Xie, Yongjing, 2024. "Effect of renewable energy subsidy policy on firms’ total factor productivity: The threshold effect," Energy Policy, Elsevier, vol. 192(C).
  9. Hu, Yefei & Liu, Dayong, 2022. "Government as a non-financial participant in innovation: How standardization led by government promotes regional innovation performance in China," Technovation, Elsevier, vol. 114(C).
  10. Xiang Cai & Wang Dan & Dongming Ge & Xiaohui Zhao & Yihui Wang, 2025. "The impact of environmental regulations and government subsidies and their policy mix on clean technology innovation," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 27(1), pages 1987-2023, January.
  11. Bai, Junhong & Cai, Qishuo & Yao, Nengzhi & Guo, Qiaozhe, 2025. "Government industrial priorities, public corporate governance and corporate innovation: A political push perspective," Economic Analysis and Policy, Elsevier, vol. 85(C), pages 1885-1900.
  12. Li, Yongqing & Ma, Huimin & Xiong, Jie & Zhang, Jinlong & Ponnamma Divakaran, Pradeep Kumar, 2022. "Manufacturing structure, transformation path, and performance evolution: An industrial network perspective," Socio-Economic Planning Sciences, Elsevier, vol. 82(PA).
  13. Yongjie Zhang & Qiaoran Meng & Dayong Liu, 2024. "Venture capital and technology commercialization: evidence from China," The Journal of Technology Transfer, Springer, vol. 49(6), pages 2336-2388, December.
  14. Ruiyang Hu & Chen Yin & Zhijie Zheng & Sili Zhou, 2024. "Unlocking Innovation: The Impact of Free Trade Zones on Corporate Innovation in China," Working Papers 202414, University of Macau, Faculty of Business Administration.
  15. Unsal, Omer, 2023. "Corporate crimes and innovation: Evidence from US financial firms," Economic Modelling, Elsevier, vol. 120(C).
  16. Yazhou Wu & Xiaomin Li & Ce Zhang & Shiqi Wang, 2024. "The impact of government subsidies on technological innovation of new energy vehicle enterprises: from the perspective of industry chain," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 26(10), pages 25589-25607, October.
  17. Liu, Jingling & Chen, Yanying & Liang, Feng Helen, 2023. "The effects of digital economy on breakthrough innovations: Evidence from Chinese listed companies," Technological Forecasting and Social Change, Elsevier, vol. 196(C).
  18. Na Yu & Chunfeng Zhao, 2021. "Chain Innovation Mechanism of the Manufacturing Industry in the Yangtze River Delta of China Based on Evolutionary Game," Sustainability, MDPI, vol. 13(17), pages 1-20, August.
  19. Shao, Yanmin & Chen, Zhongfei, 2022. "Can government subsidies promote the green technology innovation transformation? Evidence from Chinese listed companies," Economic Analysis and Policy, Elsevier, vol. 74(C), pages 716-727.
  20. Hu, Beibei & Luan, Qiao & Wang, Kai & Zhu, Linke, 2025. "The cross-border spillover effect of U.S. government subsidies on firms' innovation: Evidence from the Sino-US supply chain," China Economic Review, Elsevier, vol. 92(C).
  21. Zhiwen Su & Mingyu Zhang & Jianjun Sun & Wenbing Wu, 2023. "Agribusiness diversification and technological innovation efficiency: A U‐shaped relationship," Agribusiness, John Wiley & Sons, Ltd., vol. 39(2), pages 322-346, March.
  22. Li Liu & Zhe Wang & Jiangtao Xu & Zaisheng Zhang, 2023. "Green baton: how government interventions advance green technological innovation," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 25(10), pages 11121-11152, October.
  23. Sun, Guanglin & Fang, Jiming & Li, Ting & Ai, Yongfang, 2024. "Effects of climate policy uncertainty on green innovation in Chinese enterprises," International Review of Financial Analysis, Elsevier, vol. 91(C).
  24. Jing Yang & Hongan Chen & Huan Jin & Yalin Jiang, 2025. "Promoting or inhibiting? The impact of supporting policy for resource-exhausted cities on corporate green technology innovation: evidence from China," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 27(4), pages 8495-8524, April.
  25. Wei Chen & Jianhui Yin & Ye Tian & Haixu Shang & Yuan Li, 2024. "Study examining the significant role of intellectual property protection in driving radical technological innovation among national research project teams, employing PLS-SEM and ANN modeling," PLOS ONE, Public Library of Science, vol. 19(8), pages 1-35, August.
  26. Yongze Yu & Zhe Wang & Dayong Liu & Liping Fu, 2021. "Changes in officials, total factor productivity fluctuation and government transformation: Evidence from Chinese prefecture cities," Pacific Economic Review, Wiley Blackwell, vol. 26(2), pages 283-299, May.
  27. Xun Zhang & Meng Shi & Biao Xu, 2019. "Do Government R&D Subsidies Cultivate Enterprises’ Voluntary National/Industry Standard-Setting for Sustainable Development?," Sustainability, MDPI, vol. 11(19), pages 1-20, October.
  28. Zhongju Liao & Yuhan Wu, 2025. "Formal institutions, informal institutions, and firms' environmental innovation: An application of the fuzzy set qualitative comparative analysis method," Sustainable Development, John Wiley & Sons, Ltd., vol. 33(1), pages 668-680, February.
  29. Jun Lian & Xuanshun Huang & Xia Wu, 2024. "How green bonds promote firms' green collaborative innovation?," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 31(3), pages 2109-2126, May.
  30. Liu, Dayong & Xu, Chunfa & Yu, Yongze & Rong, Kaijian & Zhang, Junyan, 2020. "Economic growth target, distortion of public expenditure and business cycle in China," China Economic Review, Elsevier, vol. 63(C).
  31. Jincheng Li & Qian Wang, 2024. "Effect of Financial Support on the Green Technology Innovation of China’s Equipment-Manufacturing Enterprises," Sustainability, MDPI, vol. 16(18), pages 1-26, September.
  32. 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.
  33. Liu, Dayong & Lu, Zhao & Wang, Guanying & Meng, Qiaoran, 2024. "A two-dimensional innovation activity factor and stock pricing: Evidence from the Chinese stock market," International Review of Economics & Finance, Elsevier, vol. 90(C), pages 102-114.
  34. Thomas, Antonio & Scandurra, Giuseppe & Carfora, Alfonso, 2024. "Conceptualizing an interpretative framework for energy transition among Italian innovative small and medium enterprises," Energy Policy, Elsevier, vol. 195(C).
  35. Jiang, Wenbing & Du, Lei & Wei, Huafei & Sun, Helin, 2024. "The influence of urban new energy development orientation on new energy technology innovation in firms," Renewable Energy, Elsevier, vol. 237(PD).
  36. Qiao, Lu & Fei, Junjun, 2022. "Government subsidies, enterprise operating efficiency, and “stiff but deathless” zombie firms," Economic Modelling, Elsevier, vol. 107(C).
  37. Wang, Xiaofei & Xu, Lirong & Gao, Qin & Liu, Nan & Wang, Chongmei & Li, Ke, 2025. "Effect of consumer subsidies on coal mine efficiency and its transmission mechanism," Energy Policy, Elsevier, vol. 196(C).
  38. Bai, Rui & Lin, Boqiang & Liu, Xiying, 2021. "Government subsidies and firm-level renewable energy investment: New evidence from partially linear functional-coefficient models," Energy Policy, Elsevier, vol. 159(C).
  39. Xu, Ronghua & Shen, Yuxin & Liu, Meng & Li, Lu & Xia, Xuehua & Luo, Kaixin, 2023. "Can government subsidies improve innovation performance? Evidence from Chinese listed companies," Economic Modelling, Elsevier, vol. 120(C).
  40. Lin, Jietong & Wang, Xin & Xu, Mingzhi, 2024. "Industrial policy persistence and local economic performance: The role of subsidy allocation in China," Economic Modelling, Elsevier, vol. 141(C).
  41. Yana Buravleva & Decai Tang & Brandon J. Bethel, 2021. "Incentivizing Innovation: The Causal Role of Government Subsidies on Lithium-Ion Battery Research and Development," Sustainability, MDPI, vol. 13(15), pages 1-16, July.
  42. Yang, Yan & Wang, Yuqian & Chen, Shou, 2022. "Do Investors Pay a Premium for Corporate Government Subsidy? Role of China's Strategic Emerging Industries Policy and Political Connections," Research in International Business and Finance, Elsevier, vol. 60(C).
  43. Qin, Shufeng & Xiong, Yongqing, 2024. "Differences in the innovation effectiveness of China's new energy vehicle industry policies: A comparison of subsidized and non-subsidized policies," Energy, Elsevier, vol. 304(C).
  44. Ying Zhang & Shouming Chen & Yujia Li & Disney Leite Ramos, 2024. "Does Environmental Protection Law Bring about Greenwashing? Evidence from Heavy-Polluting Firms in China," Sustainability, MDPI, vol. 16(5), pages 1-20, February.
  45. Piaopeng Song & Yuxiao Gu & Bin Su & Arifa Tanveer & Qiao Peng & Weijun Gao & Shaomin Wu & Shihong Zeng, 2023. "The Impact of Green Technology Research and Development (R&D) Investment on Performance: A Case Study of Listed Energy Companies in Beijing, China," Sustainability, MDPI, vol. 15(16), pages 1-24, August.
  46. I. A. Mayburov, 2025. "Fiscal Incentives for Innovation in Foreign Countries: An Analytical Review of Positive and Negative Effects," Finansovyj žhurnal — Financial Journal, Financial Research Institute, Moscow 125375, Russia, issue 5, pages 126-142, October.
  47. Cheyuan Liu & Jianrui Zhou & Wen Wen & Fangzhou Liu & Liuyin Ji & Chunyu Zhang, 2025. "The Effect of the Regional Comprehensive Economic Partnership on Taiwan’s Global Value Chain of the Electronic Information Industry," Sustainability, MDPI, vol. 17(1), pages 1-16, January.
  48. Zhang, Qi & Chen, Siyuan & Teng, Fei & Hao, Yawei & Liu, Boyu & Wang, Ge, 2025. "The impacts of financial support on technological innovation in fuel cell electric vehicles (FCEVs) from a national inter-comparative perspective," Energy, Elsevier, vol. 320(C).
  49. Hongfeng Zhang & Lu Huang & Yan Zhu & Hongyun Si & Xu He, 2021. "Does Low-Carbon City Construction Improve Total Factor Productivity? Evidence from a Quasi-Natural Experiment in China," IJERPH, MDPI, vol. 18(22), pages 1-21, November.
  50. Qi, Xiaoyan & Guo, Yanshan & Guo, Pibin & Yao, Xilong & Liu, Xiuli, 2022. "Do subsidies and R&D investment boost energy transition performance? Evidence from Chinese renewable energy firms," Energy Policy, Elsevier, vol. 164(C).
  51. Jianguo Sun & Mingfu Tian & Weitong Zhang & Jingyi Ning, 2023. "Government subsidies and innovation in new energy vehicle companies: An empirical study of new energy vehicle listed companies based on Shanghai and Shenzhen A-shares," PLOS ONE, Public Library of Science, vol. 18(4), pages 1-17, April.
  52. Yu Hao & Jingwen Huang & Yunxia Guo & Haitao Wu & Siyu Ren, 2022. "Does the legacy of state planning put pressure on ecological efficiency? Evidence from China," Business Strategy and the Environment, Wiley Blackwell, vol. 31(7), pages 3100-3121, November.
  53. Xiang, Xiaojian & Liu, Chuanjiang & Yang, Mian, 2022. "Who is financing corporate green innovation?," International Review of Economics & Finance, Elsevier, vol. 78(C), pages 321-337.
  54. Lai, Shaojie & Li, Xiaorong & Chan, Kam C., 2020. "Does bank shareholding impact corporate innovation? Evidence from China," Economic Modelling, Elsevier, vol. 92(C), pages 57-69.
  55. He, Siyi & Liu, Jinsong & Ying, Qianwei, 2023. "Externalities of government-oriented support for innovation: Evidence from the national innovative city pilot policy in China," Economic Modelling, Elsevier, vol. 128(C).
  56. Lihua Hu & Yuanyuan Chen & Tao Fan, 2022. "The Influence of Government Subsidies on the Efficiency of Technological Innovation: A Panel Threshold Regression Approach," Sustainability, MDPI, vol. 15(1), pages 1-21, December.
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