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    Please use this identifier to cite or link to this item: http://ir.lib.ncu.edu.tw/handle/987654321/29566

    Title: The Dynamic Effects of Government-supported R&D Subsidies: An Empirical Study on the Taiwan Science Park
    Authors: Wang,KH;Liu,JL
    Contributors: 產業經濟研究所
    Date: 2009
    Issue Date: 2010-06-29 20:31:29 (UTC+8)
    Publisher: 中央大學
    Abstract: This paper analyzed balanced firm-level panel data for the years 1991-1999 in order to examine the dynamic effects of government-supported R&D subsidies on privately invested R&D expenditures in the Hsinchu Science-based Industrial Park in Taiwan. The results indicate that publicly supported R&D subsidies will serve as substitutes for privately invested R&D expenditures. When the dynamic effect of these R&D subsidies is also taken into consideration, publicly supported ones will still give rise to a substitution effect with regard to privately invested R&D expenditures. However, the results will still have a lesser impact compared with those obtained using the panel data model.
    Appears in Collections:[產業經濟研究所] 期刊論文

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