INTRODUCTION
This journal publishes empirical and theoretical papers in innovation and development policy/management. The journal is devoted to the improvement and further development of the theory and practice of innovation and development policy/management and designed to appeal to both practicing policy-makers and academics. It publishes original and high-quality papers to address the interests of both practicing managers and academic researchers in innovation and development policy/management. All papers in the journal are expected to yield findings that have implications for policy or management.
Using firm-level panel data on fiscal subsidies and R&D investment, this study employs a propensity score matching method to obtain a matched datas...
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