Fundamental Research Funding Promotes College Graduates'Employment:—Evidence from the National Natural Science Foundation
Drawing on the case of the National Natural Science Foundation,we examine the impact of fundamental research funding on college graduates'employment and find that the increase of the total amount of funding is positively associated with college graduates'higher monthly salary and lower job-waiting rate.The funding programs boost the scientific research output,refine teaching and experimental facilities,and offer more research opportunities for students.Our paper provides policy implications on how China can cultivate talent and promote the employment of college graduates.
fundamental research fundingcollege graduatesemployment
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