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Date of Publication:2022-10-07

Journal:科学学研究

Volume:35

Issue:10

Page Number:1469-1482

ISSN No.:1003-2053

Abstract:The industrial technology policy is a significant measure to avoid the market failure of innovative activities and to promote technological progress.Based on the equipment manufacturing industry,this paper uses the difference-in-difference method to examine the innovation incentive effect and driving mechanism of different types of industry technology policies,which are divided into demand-pull policy and supply-push policy,by using a panel sample of 28 provinces from 2005 to 2014.The results show that:(1) As a whole,a single type policy produces a good effect only on a certain type of innovation output.Demand-pull policy has a strong role in promoting process innovation activities and supply-push policy has a strong role in promoting product innovation activities.(2) Both types of policy have a positive effect on promoting the product innovation under the high policy intensity,but not significant for the process innovation.(3) Different types of policies have different timeliness.The incentive effect of supply-push policy on innovation needs a long time to work out.(4) Results of the driven mechanism show that the implementation of the industrial technology policy is mainly influenced by increasing R&D intensity.As a result,in the process of the implementation of industrial technology policy,it will be useful to improve the technological innovation ability of enterprises fundamentally by the combination of demand-pull policy and supply-push policy and enhancing persistent R&D subsidy which is the main form of supply-push policy.

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