Financial subsidies, tax incentives and technological innovation in China's integrated circuit industry
The integrated circuit (IC) industry's role in promoting sustained economic growth makes it highly valued by governments worldwide. Based on the late-mover advantage and market failure theories, this study demonstrates the importance of government intervention in industrial technological innova...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
Elsevier
2023-07-01
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Series: | Journal of Innovation & Knowledge |
Subjects: | |
Online Access: | http://www.sciencedirect.com/science/article/pii/S2444569X23001026 |