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 | | |
|
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