Research Article
The Government Subsidy Strategy Choice for Firm’s R&D: Input Subsidy or Product Subsidy?
Table 1
Comparison of results under two subsidy strategies.
| | | Input subsidy | Product subsidy |
| | Quantity | | |
| | Quality improvement | | |
| | Subsidies | | |
| | Profit of the supplier | | |
| | Profit of the manufacturer | | |
| | Social welfare | | |
|
|
