December 8, 2025Hong Kong Journal of Social SciencesOpen Access

Government R&D Subsidies and the Dual Performance of Marginal Firms: Divergent Effects on Financial and Technological Outcomes in South Korea

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Authors

SASeung-Ku Ahn KLKwang-Hoon Lee SPSoonae Park

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Implication

Analysis reveals R&D subsidies improve innovation performance in marginal firms in South Korea, suggesting refined innovation policies may enhance firm recovery.

Key Points

Positive effects of R&D subsidies on innovation performance were observed, while financial performance showed no significant change.
Over 882 marginal firms in South Korea were studied between 2012 and 2018, demonstrating varied influences of subsidies.
Probit and Poisson regression models were utilized to analyze the impacts of public support on firms' outcomes.
Findings highlight the necessity for tailored innovation policies to better support productive marginal firms.

Cite This Study

Ahn et al. (2025) studied this question.

synapsesocial.com/papers/693624a44fa91c937236c38d https://doi.org/10.55463/hkjss.issn.1021-3619.66.6

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Implication

Analysis reveals R&D subsidies improve innovation performance in marginal firms in South Korea, suggesting refined innovation policies may enhance firm recovery.

Government R&D Subsidies and the Dual Performance of Marginal Firms: Divergent Effects on Financial and Technological Outcomes in South Korea

Discussion

Member takes

Implication

Key Points

Cite This Study

Government R&D Subsidies and the Dual Performance of Marginal Firms: Divergent Effects on Financial and Technological Outcomes in South Korea

Discussion

Member takes

Implication

Key Points

Cite This Study

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