Unlocking SME growth: Analyzing the government subsidies’ impact on financing in China

• Published in: PloS one Vol. 19; no. 8; p. e0304589
• Main Authors: Sun, Wenjing, Wang, Zheng, Huang, Yongxin, Li, Yifan
• Format: Journal Article
• Language: English
• Published: United States Public Library of Science 08.08.2024; Public Library of Science (PLoS)
• Subjects: Biology and Life Sciences; Capital markets; China; Debt financing; Debt financing (Corporations); Economic development; Economic growth; Effectiveness; Entrepreneurial finance; Entrepreneurs; Entrepreneurship; Equity (Finance); Equity financing; Financial statements; Financing; Financing, Government; Government finance; Government subsidies; Humans; Impact analysis; Innovations; Medium term notes; Models, Economic; Physical Sciences; Political aspects; R&D; Regression analysis; Regression models; Research & development; Research and Analysis Methods; Science Policy; Small and medium sized companies; Small business; Social Sciences; Startups; Subsidies; Venture capital; China; Israel

Small and medium-sized enterprises (SMEs) were an important part of China’s economy, but they faced challenges to growth due to financing difficulties. Government subsidies are considered as a potential way to address this problem. This study aims to assess the effectiveness of the Chinese governmen...