The impact of government R&D subsidy on Taiwan Science Park companies Online publication date: Thu, 03-Mar-2022
by Ching-Yun Yu; Te-Hsin Liang; Ville Isoherranen
International Journal of Agriculture Innovation, Technology and Globalisation (IJAITG), Vol. 2, No. 3, 2021
Abstract: The results of this study show that government R&D subsidies and industry R&D manpower intensity are positively related to company R&D funding by the Taiwan Science Park companies. At the industry level, industry R&D manpower intensity directly affects company R&D's own fund expenditures, but the relationship of the government R&D subsidy and company R&D input was not moderated by an industry economic factor. Compared with other industries, the number and R&D investment of Taiwan's agriculture industries are relatively small. This study aims to use the analysis of the results of the Taiwan Science Park to be applied to the agriculture field, especially to enhance the small and medium sized (SME) agriculture companies to have more focus on innovation, new product development and export of products. Vertical farming has many innovation potentials, which could be further enhanced by government R&D support.
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