Analysis on the Impact of Government-Enterprise Cooperation on Technological Innovation and Its Economic Consequences --Based on Empirical Cases of GEM-listed Companies

Xiaomei Chen, Yun Xia, Junda Yang

Abstract


Based on the GEM listed companies in 2009-2016, the authors discuss the impact of government-enterprise cooperation on enterprise technology innovation and its actual economic consequences from the two dimensions of R&D investment and corporate performance. The empirical results of this paper are as follows: the government-enterprise cooperation model does not promote enterprises to invest more funds for technological innovation, but it has a positive effect on corporate performance. The conclusion of this paper provides a new perspective and empirical evidence for us to understand the nature of government-enterprise cooperation and its impact on the entire economic market. It has strong theoretical and practical significance.

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DOI: https://doi.org/10.11114/bms.v4i4.3755

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Business and Management Studies     ISSN 2374-5916 (Print)     ISSN 2374-5924 (Online)

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