Title :
Notice of Retraction
Government subsidy structures and private R&D: Cost sharing or performance reward? China evidence
Author :
Lian Yujun ; Zhou Kaiguo
Author_Institution :
Lingnan Coll., Sun Yat-Sen Univ., Guangzhou, China
Abstract :
Notice of Retraction
After careful and considered review of the content of this paper by a duly constituted expert committee, this paper has been found to be in violation of IEEE´s Publication Principles.
We hereby retract the content of this paper. Reasonable effort should be made to remove all past references to this paper.
The presenting author of this paper has the option to appeal this decision by contacting TPII@ieee.org.
This paper investigates the effects two government funding structures (cost sharing v.s. performance reward) on private R&D and firm growth in China. The results show that central government tends to subsidy firms´ R&D using a performance reward structure, which may reduce the return of private R&D. However, the local government tends to adopt the cost sharing structure, which can increase the return of private R&D.
Keywords :
costing; local government; public finance; research and development; China; central government; cost sharing; firm growth; government funding structures; government subsidy structures; local government; performance reward; private research and development; Economics; Industries; Investments; Local government; Marketing and sales; Technological innovation; R&D; cost sharing; government subsidy; performance reward;
Conference_Titel :
Business Management and Electronic Information (BMEI), 2011 International Conference on
Conference_Location :
Guangzhou
Print_ISBN :
978-1-61284-108-3
DOI :
10.1109/ICBMEI.2011.5917852
