Government funded R&D collaboration and it's impact on SME's business performance

作者：

Highlights：

• Examines efficiency of government policies in promoting open R&D innovation.

• Analyzes if R&D collaborations positively affect SMEs’ business performances.

• Government-sponsored joint R&D increase sales and reduces debt in the short term.

• Improvement in technological competitiveness through R&D collaboration is limited.

• Offers policy directions for joint R&D and suggestions for related tasks.

摘要

•Examines efficiency of government policies in promoting open R&D innovation.•Analyzes if R&D collaborations positively affect SMEs’ business performances.•Government-sponsored joint R&D increase sales and reduces debt in the short term.•Improvement in technological competitiveness through R&D collaboration is limited.•Offers policy directions for joint R&D and suggestions for related tasks.

论文关键词：Open R&D,Small and medium-sized enterprises,R&D collaboration,Technology innovation,Business performance,Propensity score matching

论文评审过程：Received 4 February 2020, Revised 9 May 2021, Accepted 13 July 2021, Available online 3 August 2021, Version of Record 3 August 2021.

论文官网地址：https://doi.org/10.1016/j.joi.2021.101197