Outputs (2)

R&D Tax Incentives and Innovation: Examining the Role of Programme Design in China (2021)
Journal Article
Dai, X., & Chapman, G. (2022). R&D Tax Incentives and Innovation: Examining the Role of Programme Design in China. Technovation, 113, Article 102419. https://doi.org/10.1016/j.technovation.2021.102419

Successful tax incentive interventions rely on effective programme design, yet designing an effective programme is highly challenging. We draw on the policy design and tax incentive literature to shed light on how two policy design choices – the natu... Read More about R&D Tax Incentives and Innovation: Examining the Role of Programme Design in China.

Late-stage venture capital and firm performance: evidence from small and medium-sized enterprises in China (2021)
Journal Article
Dai, X., Chapman, G., & Shen, H. (2022). Late-stage venture capital and firm performance: evidence from small and medium-sized enterprises in China. Applied Economics, 54(20), 2356-2372. https://doi.org/10.1080/00036846.2021.1989370

Where venture capitalists have traditionally focused on early-stage innovative firms, increasingly venture capitalists are investing in late-stage firms, especially in Asia. The performance consequences of this novel phenomenon of late-stage venture... Read More about Late-stage venture capital and firm performance: evidence from small and medium-sized enterprises in China.