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Relationship between R&D grants, R&D investment, and innovation performance: The moderating effect of absorptive capacity

Hailun Zhu, Shuliang Zhao, Asad Abbas · 2019 · Journal of Public Affairs

Summary. Government R&D grants and private investment both boost regional innovation performance in China, but grants can crowd out private investment. A region's absorptive capacity—its ability to acquire and use knowledge—strengthens the link between R&D spending and innovation results, yet weakens the grant-to-innovation relationship. China should improve institutions and talent flow to enhance innovation efficiency.

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Zhu, H., Zhao, S., & Abbas, A.. (2019). Relationship between R&D grants, R&D investment, and innovation performance: The moderating effect of absorptive capacity. Journal of Public Affairs. https://doi.org/10.1002/pa.1973

Details

DOI
10.1002/pa.1973
Countries
China
Regions
Asia
Categories
funding, regional-innovation-systems, general-innovation
Added
2026-04-28