تاثیر تأمین منابع مالی و مشوق های مالیاتی دولت بر سرمایه گذاری تحقیق و توسعه صنعتی:شواهد تجربی از بخش های صنعتی در شانگهای

The general finding is that both government's direct fundings as an incentive stimulating policy instrument and industrial sectors' own fundings in science and technology activities have positive effects on the industrial R&D investment. The stability of the policy further enhances the positive effect. However, the effect of the tax incentives is not straightforward. We observe that the enterprises in the industrial sectors tend to switch to more general and less costly science and technology activities, which can be regarded as a less desirable effect of the tax incentives.