Optimizing Urban Technological Innovation through GGFs: A Systemic and Spatial Analysis DOI Open Access

Zhanhao Zheng,

Yuxuan Liu,

Fanzhen Kong

et al.

Sustainability, Journal Year: 2024, Volume and Issue: 16(20), P. 8870 - 8870

Published: Oct. 13, 2024

The implementation of the Government Guides Funds (GGFs) policy by China’s government plays an important role in guiding domestic private capital to participate innovation and entrepreneurship activities. This study empirically analyzed impact GGFs facilitating optimization process urban China. Based on panel data from 285 cities 2008 2021, this uses Spatial Durbin Model (SDM) verify its mechanism. findings reveal that exert a positive influence both immediate regions neighboring areas policy-origin city. effectiveness varies geographically, with more pronounced spatial spillover impacts observed eastern Further research shows industrial upgrading amplifies direct innovation, while indirect is not significant. Finally, based empirical findings, also underscores necessity local governments tailoring management conditions promoting sustainable regional development. Our provide noteworthy implications for governmental administrators regulators systemic operations within context

Language: Английский

Syndicate partner composition of governmental venture capital firms: Evidence from China DOI

Guoqing Ge,

Jian Xue,

Qian Zhang

et al.

Pacific-Basin Finance Journal, Journal Year: 2025, Volume and Issue: unknown, P. 102689 - 102689

Published: Jan. 1, 2025

Language: Английский

Citations

0
The impact of government industrial funds on the innovation of SMEs in China DOI
Yuxin Zhang, Yaodong Zhou

Journal of Asian Economics, Journal Year: 2025, Volume and Issue: unknown, P. 101898 - 101898

Published: Feb. 1, 2025

Language: Английский

Citations

0
Environmental Regulation,regional finance development and enterprises` cross-regional capital flow DOI Creative Commons
Yu Hong,

Qi LYU,

Yi Jiang

et al.

International Review of Economics & Finance, Journal Year: 2025, Volume and Issue: unknown, P. 103984 - 103984

Published: Feb. 1, 2025

Citations

0
Can Government-guided Funds Promote Corporate Technology Innovation? Evidence from the New Energy Automobile Industry DOI
Guangyu Li, Jun Zhang, Yiming Wang

et al.

International Review of Economics & Finance, Journal Year: 2024, Volume and Issue: unknown, P. 103667 - 103667

Published: Oct. 1, 2024

Language: Английский

Citations

3
Government-guided fund, social resources, and corporate green innovation DOI

Pan Hao,

Yuchen Wang,

Liyan Fan

et al.

International Review of Financial Analysis, Journal Year: 2024, Volume and Issue: unknown, P. 103898 - 103898

Published: Dec. 1, 2024

Language: Английский

Citations

1
Optimizing Urban Technological Innovation through GGFs: A Systemic and Spatial Analysis DOI Open Access

Zhanhao Zheng,

Yuxuan Liu,

Fanzhen Kong

et al.

Sustainability, Journal Year: 2024, Volume and Issue: 16(20), P. 8870 - 8870

Published: Oct. 13, 2024

The implementation of the Government Guides Funds (GGFs) policy by China’s government plays an important role in guiding domestic private capital to participate innovation and entrepreneurship activities. This study empirically analyzed impact GGFs facilitating optimization process urban China. Based on panel data from 285 cities 2008 2021, this uses Spatial Durbin Model (SDM) verify its mechanism. findings reveal that exert a positive influence both immediate regions neighboring areas policy-origin city. effectiveness varies geographically, with more pronounced spatial spillover impacts observed eastern Further research shows industrial upgrading amplifies direct innovation, while indirect is not significant. Finally, based empirical findings, also underscores necessity local governments tailoring management conditions promoting sustainable regional development. Our provide noteworthy implications for governmental administrators regulators systemic operations within context

Language: Английский

Citations

0