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Relationship Between Government Funding Supports and Innovation Performance of Latecomer Firms

Relationship Between Government Funding Supports and Innovation Performance of Latecomer Firms
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Author(s): Haoyu Wang (Illinois Institute of Technology, USA)
Copyright: 2023
Pages: 33
Source title: Handbook of Research on Transforming Government, Nonprofits, and Healthcare in a Post-Pandemic Era
Source Author(s)/Editor(s): Joanne E. Howard (Illinois Institute of Technology, USA)
DOI: 10.4018/978-1-6684-2314-1.ch002

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Abstract

As an important component of enterprise external environment, government funding supports play a significant role in the innovation of latecomer firms. Therefore, the support methods adopted by the government during the innovation and catching-up of latecomer firms should be extracted in this chapter to clarify the internal relationship between the intermediate mechanism and innovation performance affecting the performance of latecomer firms. It is useful for activating the new energy and motivation of latecomer firms, and it could be a scientific decision-making reference for the government to formulate relevant public policies.

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