In the context of aging,the smart elderly care industry is flourishing.The government has increased subsidies for smart eld-erly care enterprises to alleviate the pressure of aging.In order to achieve sustainable development in fierce competition,the enterprises must carry out research and development innovation.This article takes smart elderly care enterprises as the research object,and ex-plores whether government subsidies,R&D investment,and the interaction effect between the two can improve the performance of smart elderly care enterprises,in order to seek a path for the transformation and upgrading of smart elderly care enterprises.The results show that both government subsidies and R&D investment can positively improve the performance of smart elderly care enterprises,but they have a lag effect.The two have complementary effects and generate interactive effects,which can jointly improve the performance of smart elderly care enterprises.
smart elderly care enterprisesgovernment subsidiesR&D investmententerprise performanceinteraction effect