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Innovation Vouchers and the Sustainable Growth of High-Tech SMEs: Evidence from China
2021
Sustainability
Innovation has become an essential source of sustainable growth for most firms, especially small- and medium-sized enterprises (SMEs). Governments around the world widely implement innovation vouchers to promote innovation in SMEs. This study empirically explores the effects of innovation vouchers in stimulating patentable innovation and ultimately enhancing firms' financial performance. Using a panel of 1274 listed SMEs from the Small and Medium Enterprise Board (SMEB) and the Growth
doi:10.3390/su132011176
fatcat:jrnwaesxenerlp45t5mvu4hxhu