A Study On The Impact Of Government Science And Technology Investment On Enterprise R&d Investment

Along with economic development and globalization process, there are urgent demands of the competitiveness of nation and enterprises and the technological innovation capability of enterprises. And many governments grew the intensity of scientific and technological input. Therefore, more and more scholars began to concern about the Government science and technology investment issues. With the huge flow of government science and technology funding every year to enterprises, which a kind of role did these funds play in corporate R&D activities? Did the funds promote these enterprises'R&D ability, or activate R&D capital investment as expected? In order to answer these questions, this article will study the impact of government science and technology investment on enterprise R&D investment.The whole paper is divided into four sections: theoretical analysis, modeling, empirical research and study conclusion. In the section of theoretical analysis, the results and methods of researches before are reviewed. Then the paper analyses the impact of the mechanism on its impact way, effects and the outcome, and take Hang Zhou as an example to analyze. In the section of model construction, the paper analyses policy formulation, implementation, implementation outcomes and feedback of government science and technology investment. Finally the analysis and assumptions build into the impact models. In the third part, Hang Zhou enterprises are the object to analyze. After questionnaire investigation among many companies, quantitative analysis of the results is carried out and the results are discussed. In the last section, the paper concludes the research result and gives relevant suggestions, finds the shortage and makes some advices on future studies.In this paper, Government science and technology investment will be considered as a process of policy formulation, implementation, outcomes and feedback. From a new perspective, Government science and technology investment for enterprise R&D investment impact will be studied.