The title of Yuchen Gao's lecture, which took place online via Zoom August 27 due to the Covid-19 situation, was "China’s Innovation Policy: Challenges and Opportunities for SMEs".
Members of the assessment committee were:
- Professor Ping Lv, (chair) University of Chinese Academy of Sciences,
- Professor Jizhen Li, Tsinghua University
- Associate Professor Dmitrij Slepniov, Aalborg University Business School
SUMMARY OF THE THESIS
Public research and development (R&D) subsidy is one of the most important policy instruments to tackle R&D-related market failure of firms. Studies based on neoclassical economics have substantially discussed the effects of R&D subsidy on firm-level R&D input and output. Recently, academic studies have focused increasingly on the effect of R&D subsidy on the behavioral additionality of firm-level R&D processes to further describe and analyze the contents of the complicated “black box” between R&D subsidy and firms’ R&D activities.
Combining the knowledge-based view with an organisational learning perspective, this dissertation explores and analyzes empirically the interactions between R&D subsidy, organisational learning behaviors, and firm-level R&D outputs in the context of China, from an evolutionary and systemic perspective. The research findings of this dissertation contribute to R&D subsidy literature and innovation policy studies in the context of China. At the same time, this dissertation provides important practical enlightenment for both the government and firms.