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Title | Grabbing or helping hand? The impact of government subsidies on innovation and performance for firms in cultural and creative industries |
Creator | 陳嬿如 Chen, Yenn-Ru;Chou, Shu-Ching;Cheng, Yu-Hsiu |
Contributor | 財管系 |
Date | 2024-10 |
Date Issued | 24-Mar-2025 10:24:11 (UTC+8) |
Summary | This study explores how government subsidies contribute to the growth of culture and creative industries (CCIs) by analyzing their impact on R&D spending, market value, operational performance, and social commitment among CCI firms in Taiwan. It finds that subsidies significantly boost R&D expenditures and market value but do not enhance operational performance due to the increased social commitment through additional employment. Subsidies do not affect borrowing conditions, but financially constrained CCI firms with high R&D investments see improved operational performance, while those with lower R&D spending do not. The study highlights the crucial role of subsidies in driving R&D and improving performance in innovative, constrained CCIs. Unlike manufacturing, fostering CCIs benefits both economic growth and cultural development. These findings emphasize the need for CCIs to invest in R&D and offer guidance to policymakers on refining subsidy strategies. |
Relation | Review of Quantitative Finance and Accounting, pp.forthcoming |
Type | article |
ISBN | Government subsidy; Cultural and creative industries (CCIs); R&D; Performance; Creative economy |
DOI | https://doi.org/10.1007/s11156-024-01345-6 |
dc.contributor | 財管系 | |
dc.creator (作者) | 陳嬿如 | |
dc.creator (作者) | Chen, Yenn-Ru;Chou, Shu-Ching;Cheng, Yu-Hsiu | |
dc.date (日期) | 2024-10 | |
dc.date.accessioned | 24-Mar-2025 10:24:11 (UTC+8) | - |
dc.date.available | 24-Mar-2025 10:24:11 (UTC+8) | - |
dc.date.issued (上傳時間) | 24-Mar-2025 10:24:11 (UTC+8) | - |
dc.identifier.isbn (ISBN) | Government subsidy; Cultural and creative industries (CCIs); R&D; Performance; Creative economy | |
dc.identifier.uri (URI) | https://nccur.lib.nccu.edu.tw/handle/140.119/156268 | - |
dc.description.abstract (摘要) | This study explores how government subsidies contribute to the growth of culture and creative industries (CCIs) by analyzing their impact on R&D spending, market value, operational performance, and social commitment among CCI firms in Taiwan. It finds that subsidies significantly boost R&D expenditures and market value but do not enhance operational performance due to the increased social commitment through additional employment. Subsidies do not affect borrowing conditions, but financially constrained CCI firms with high R&D investments see improved operational performance, while those with lower R&D spending do not. The study highlights the crucial role of subsidies in driving R&D and improving performance in innovative, constrained CCIs. Unlike manufacturing, fostering CCIs benefits both economic growth and cultural development. These findings emphasize the need for CCIs to invest in R&D and offer guidance to policymakers on refining subsidy strategies. | |
dc.format.extent | 106 bytes | - |
dc.format.mimetype | text/html | - |
dc.relation (關聯) | Review of Quantitative Finance and Accounting, pp.forthcoming | |
dc.title (題名) | Grabbing or helping hand? The impact of government subsidies on innovation and performance for firms in cultural and creative industries | |
dc.type (資料類型) | article | |
dc.identifier.doi (DOI) | 10.1007/s11156-024-01345-6 | |
dc.doi.uri (DOI) | https://doi.org/10.1007/s11156-024-01345-6 |