• Journal of Technology Innovation
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• v.19 no.2
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• pp.53-76
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• 2011

This study analysed empirically the relationship between the CT R&D subsidy program and R&D performance of received company. According to the result, the CT R&D subsidy program is a significant factor to encourage R&D performance. Especially, the CT R&D subsidy program based on validity and reasonable system affects significantly the progress of R&D performance. Otherwise, the reasonable CT R&D subsidy program has a important role to play on company growing from a step of R&D to a step of the commercialisation performance. Thus, government should make an effort on researching data on market demand before implementing policy and communicating with company continually.