Title: The impact of government R&D subsidy on Taiwan Science Park companies

Authors: Ching-Yun Yu; Te-Hsin Liang; Ville Isoherranen

Addresses: Graduate Institute of Business Administration, Fu Jen Catholic University No. 510, Zhongzheng Rd., Xinzhuang Dist., New Taipei City, Taiwan; Sustainable Innovation and Digital Application Research Center of Research Division I, Taiwan Institute of Economic Research, 7F, No.16-8, Dehuei Street, Jhongshan District, Taipei City, Taiwan ' Department of Statistics and Information Sciences, College of Management, Fu Jen Catholic University, No. 510, Zhongzheng Rd., Xinzhuang Dist., New Taipei City, Taiwan ' Director School of Engineering and Natural Resources, Oulu University of Applied Sciences (OUAS), Linnanmaa Campus, Yliopistokatu 9, 90570, Oulu, Finland

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.

Keywords: government R&D subsidy; enterprise R&D input; enterprise R&D output; science park; hierarchical linear modelling.

DOI: 10.1504/IJAITG.2021.121287

International Journal of Agriculture Innovation, Technology and Globalisation, 2021 Vol.2 No.3, pp.262 - 275

Received: 19 Mar 2021
Accepted: 29 Mar 2021

Published online: 03 Mar 2022 *

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