Abstract：In the environment of increasingly fierce market competition,innovation is the fundamental driving force for enterprises to gain sustainable competitive advantage,ensure growth and improve performance.For the strategic emerging industries advocated by the state,such as the new energy industry,market demand has not yet developed,and government subsidies are strong support for enterprise innovation.This paper takes the 2012—2016 data of Shanghai-Shenzhen A-shares new energy listed companies as a sample,and empirically examines the impact of government subsidies on corporate innovation investment under the dual innovation model.This study finds that:government subsidies have an incentive effect on innovation investment of new energy listed companies;they have incentive effects on exploration innovation investment and exploitation innovation investment of new energy listed companies;compared with exploration innovation investment,government subsidies have a more obvious incentive effect on the exploitation innovation investment of new energy listed companies.
李传宪, 黄丽. 政府补贴对新能源上市公司双元创新投入影响研究[J]. 中国科技论坛, 2019(3): 11-18.
Li Chuanxian, Huang Li. Influence of Government Subsidy on the Dual Innovation Investment of New Energy Listed Companies. , 2019(3): 11-18.
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