2014•Biotechnology : an Indian journalRequires access
Crowding-in or crowding-out effect of S&T input of government on R&D expenditure of enterprise in China
Dan Zhang, Wu Daoyou
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Abstract
Current conclusions about the effect of the government ST the higher the GDP growth rate is, the weaker the crowding-out effect of the government S&T input on the enterprise R&D expenditure is. However, informatization level and hitech industry development have no significant moderating effect on the relationship between the government S&T input and enterprise R&D expenditure.