The Impact of Government Subsidies on the Innovation Capability of New Energy Vehicle Companies: Empirical Evidence from 30 Listed Companies

Tingting Chang

doi:10.47297/wspceWSP2516-251902.20210502

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The Impact of Government Subsidies on the Innovation Capability of New Energy Vehicle Companies: Empirical Evidence from 30 Listed Companies

Volume 5, Issue 2

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The Impact of Government Subsidies on the Innovation Capability of New Energy Vehicle Companies: Empirical Evidence from 30 Listed Companies
The Impact of Government Subsidies on the Innovation Capability of New Energy Vehicle Companies: Empirical Evidence from 30 Listed Companies
Hong Kong Baptist University School of Business
Vol. 5, Issue 2, Pages: 10-17(2021)
Published： 2021 ，
DOI：10.47297/wspceWSP2516-251902.20210502
Accepted：

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TINGTING CHANG. (2021). The Impact of Government Subsidies on the Innovation Capability of New Energy Vehicle Companies: Empirical Evidence from 30 Listed Companies. Creative Economy, 5(2), 10-17..
DOI：

TINGTING CHANG. (2021). The Impact of Government Subsidies on the Innovation Capability of New Energy Vehicle Companies: Empirical Evidence from 30 Listed Companies. Creative Economy, 5(2), 10-17.. DOI： 10.47297/wspceWSP2516-251902.20210502.

摘要

Abstract

This paper uses 30 listed companies as a research sample to empirically test the impact of subsidies on the innovation capability of new energy vehicle enterprises. The empirical findings show that full government subsidies have a more significant impact on companies' innovation capability than R&D subsidies. In addition

the number of research stuff and research cost are significantly and positively correlated with the innovation capability of a company. It also suggested that the policy should be further increased to stimulate the innovation ability and continuously improve the market competitiveness of new energy vehicles.

关键词

Keywords

new energy vehiclesgovernment subsidiesR&D subsidiespatentsinventions patents

references

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