The impact of government subsidies on the human resources and innovation output of makerspaces according to signal theory
by Haihua Wang; Chujiang Xue; Yu Li; Pengjin Zhao
International Journal of Technology Management (IJTM), Vol. 92, No. 3, 2023

Abstract: In addition to solving the externality problem of innovation, government subsidies (GSs) also serve as a signal to attract talents. This research investigated the signal effect of GSs on human resources in terms of improving innovation output. We used the least squares method and bootstrapping technique to conduct an empirical study on China's makerspaces in 2017 and employed a robustness test on the data from 2017 to 2019. The results indicate that the signal effect released by GSs can help a makerspace attract more talents so as to realise innovation efficiently. Moreover, the same amount of GSs can attract more talents to a private makerspace than to a state-owned counterpart. Furthermore, regions with high degree of marketisation can help makerspaces attract talents; that is, the moderating effect of ownership is further moderated by the marketisation degree.

Online publication date: Tue, 07-Feb-2023

The full text of this article is only available to individual subscribers or to users at subscribing institutions.

Existing subscribers:
Go to Inderscience Online Journals to access the Full Text of this article.

Pay per view:
If you are not a subscriber and you just want to read the full contents of this article, buy online access here.

Complimentary Subscribers, Editors or Members of the Editorial Board of the International Journal of Technology Management (IJTM):
Login with your Inderscience username and password:

    Username:        Password:         

Forgotten your password?

Want to subscribe?
A subscription gives you complete access to all articles in the current issue, as well as to all articles in the previous three years (where applicable). See our Orders page to subscribe.

If you still need assistance, please email