Study on Innovation Policies,Technical Background of Executives and Innovation Performance of Specialized,Specialized and New "Small Giant" Enterprises
Innovation policy is an important means to guide the high-quality development of"specialized,special and new"small and medium-sized enterprises(SMEs),and government subsidies is an important policy tool.Taking the four batches of"small giants"listed companies with specialties published by the Ministry of Industry and Information Technology(MIIT)at as samples,the influence mechanism of government innovation policies on the innovation performance of"small giants"enterprises with specialties is explored based on the high-order ladder theory.The empirical study finds that:innovation subsidies can improve the innovation performance of specialized,speciality and new"small giant"enterprises;when the company executives have technical background,specialized,speciality and new"small giant"enterprises can obtain more innovation subsidies to improve their innovation performance.The mechanism test shows that innovation subsidies can improve the innovation performance of specialized,special new and"small giant"enterprises by alleviating financing constraints and increasing R&D investment.
innovation policygovernment subsidiesexecutives'technological backgroundspecialized,special and new"small giant"enterprisesinnovation performance
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