Non‐R&D Subsidies and Digital Product Innovation in China
研究非研发补贴对中国制造业企业数字产品创新的影响，发现补贴有促进作用，且在国有企业和市场地位低的企业中效果更强。
ABSTRACT We examine the impact of non‐R&D subsidies on digital product innovation among Chinese manufacturing firms and explore the conditions that influence this relationship. Building on theories of non‐R&D subsidies effectiveness, we propose that non‐R&D subsidies positively influence a firm's digital product innovation. This relationship is further strengthened when the firm is a state‐owned enterprise and holds a low status in the market hierarchy. Results from a longitudinal dataset of publicly listed Chinese firms support our main arguments. Our findings extend the understanding of the drivers of digital product innovation and the role of non‐R&D subsidies in innovation activities.