Impact of government policies on private R&D investment in agricultural biotechnology: Evidence from chemical and pesticide firms in China



Ver los resultados en:
https://doi.org/10.1016/j.techfore.2019.07.011
Proveedor: 
Licencia de recurso: 
Attribution / Atribución (CC BY).
Tipo: 
Artículo de revista
Revista: 
Technological Forecasting and Social Change
Número: 
October 2019
Páginas: 
208-215
Volumen: 
147
Autor (es): 
Deng H.
Hu R.
Pray C.
Jin Y.
Editor (es): 
Descripción: 

China has put in place a series of policies to support private companies to engage in biotechnology research. This study uses data from a survey of 103 major agribusiness firms in the agricultural chemical and seed industries in China to evaluate the impact of government policies on private R&D investment in biotechnology. The results show that firms with positive profit expectation, public R&D subsidies, R&D collaboration with universities/research institutes or state-owned enterprises are more likely to embark on biotechnology research activities. Past patenting activity, R&D subsidies and collaboration with public sector research increase firms' biotechnology R&D investment while firms already selling genetically modified products and firms that are state-owned spend less on R&D. The authors findings suggest that government policy does have an important impact on firms' biotechnology R&D investment

Año de publicación: 
2019
Palabras clave: 
Agricultural biotechnology
China
Policies
Private R&D investment