E3S Web Conf.
Volume 214, 20202020 International Conference on Energy Big Data and Low-carbon Development Management (EBLDM 2020)
|Number of page(s)
|Big Data Analysis Application and Energy Consumption Research
|07 December 2020
Government subsidies and corporate innovation performance- Based on the empirical analysis of the new energy automobile industry
1 School of Economics Management and Law, Foshan University, Foshan, China
2 School of Economics Management and Law, Foshan University, Foshan, China
This paper selects 112 listed companies in China’s a-share new energy vehicle sector from 2009 to 2018 as a research sample, and uses panel data regression analysis models to empirically test the effects of government subsidies on corporate R&D investment and corporate innovation performance. It shows that government subsidies have a significant promotion effect on enterprises R&D investment; government subsidies have a significant inhibition effect on enterprises’ innovation performance.
© The Authors, published by EDP Sciences, 2020
This is an Open Access article distributed under the terms of the Creative Commons Attribution License 4.0, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
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