{"id":7722,"date":"2025-05-26T10:10:38","date_gmt":"2025-05-26T13:10:38","guid":{"rendered":"https:\/\/www.abrazpe.org.br\/?p=7722"},"modified":"2025-05-26T10:10:44","modified_gmt":"2025-05-26T13:10:44","slug":"do-chinas-special-economic-zones-increase-incentives-to-invest-in-rd","status":"publish","type":"post","link":"https:\/\/www.abrazpe.org.br\/index.php\/2025\/05\/26\/do-chinas-special-economic-zones-increase-incentives-to-invest-in-rd\/","title":{"rendered":"Do China\u2019s special economic zones increase incentives to invest in R&amp;D?"},"content":{"rendered":"<p class=\"estimated-read-time\">Tempo de leitura:<small> menos de 1 minuto<\/small><\/p> \n<p>China\u2019s special economic zones (SEZs) have been established to foster business growth and innovation by improving the institutional context of specific sub-regional areas. We examine the effect of SEZs on the contribution of research and development (R&amp;D) to the market value of firms located in these areas. The market value reflects investors\u2019 expectations of future returns to R&amp;D, providing crucial information for strategic investment decisions. Larger R&amp;D contributions to the market value create stronger incentives for firms to invest in innovation. Empirical results suggest that the contribution of R&amp;D to the market value increases through the SEZs program, particularly for R&amp;D intensive firms. This suggests that regional policies, while increasing incentives to innovate, may widen the gap between less and more R&amp;D intensive firms, potentially impacting competition and long-term growth.<\/p>\n\n\n\n<div data-wp-interactive=\"core\/file\" class=\"wp-block-file\"><object data-wp-bind--hidden=\"!state.hasPdfPreview\" hidden class=\"wp-block-file__embed\" data=\"https:\/\/www.abrazpe.org.br\/wp-content\/uploads\/2025\/05\/Do-China-s-special-economic-zones-increase-incentives-to-invest-in-R-D-.pdf\" type=\"application\/pdf\" style=\"width:100%;height:600px\" aria-label=\"Incorporado de Do China s special economic zones increase incentives to invest in R D.\"><\/object><a id=\"wp-block-file--media-11e59ec8-7198-4fe8-8188-5fd9a14123c5\" href=\"https:\/\/www.abrazpe.org.br\/wp-content\/uploads\/2025\/05\/Do-China-s-special-economic-zones-increase-incentives-to-invest-in-R-D-.pdf\">Do China s special economic zones increase incentives to invest in R D<\/a><a href=\"https:\/\/www.abrazpe.org.br\/wp-content\/uploads\/2025\/05\/Do-China-s-special-economic-zones-increase-incentives-to-invest-in-R-D-.pdf\" class=\"wp-block-file__button wp-element-button\" download aria-describedby=\"wp-block-file--media-11e59ec8-7198-4fe8-8188-5fd9a14123c5\">Baixar<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"<p><small> menos de 1 minuto<\/small> China\u2019s special economic zones (SEZs) have been established to foster business growth and innovation by improving the institutional context of specific sub-regional areas. We examine the effect of SEZs on the contribution of research and development (R&amp;D) to the market value of firms located in these areas. The market value reflects investors\u2019 expectations of future returns to R&amp;D, providing crucial information for strategic investment decisions. Larger R&amp;D contributions to the market value create stronger incentives for firms to invest in <a href=\"https:\/\/www.abrazpe.org.br\/index.php\/2025\/05\/26\/do-chinas-special-economic-zones-increase-incentives-to-invest-in-rd\/\" class=\"more-link\"><span>Continue lendo<\/span>\u2192<\/a><\/p>\n","protected":false},"author":6,"featured_media":7147,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[72,85,80,74],"class_list":["entry","author-fpx","post-7722","post","type-post","status-publish","format-standard","has-post-thumbnail","category-artigos","tag-abrazpe","tag-china","tag-comercio-exterior","tag-zpe"],"_links":{"self":[{"href":"https:\/\/www.abrazpe.org.br\/index.php\/wp-json\/wp\/v2\/posts\/7722","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.abrazpe.org.br\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.abrazpe.org.br\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.abrazpe.org.br\/index.php\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/www.abrazpe.org.br\/index.php\/wp-json\/wp\/v2\/comments?post=7722"}],"version-history":[{"count":1,"href":"https:\/\/www.abrazpe.org.br\/index.php\/wp-json\/wp\/v2\/posts\/7722\/revisions"}],"predecessor-version":[{"id":7725,"href":"https:\/\/www.abrazpe.org.br\/index.php\/wp-json\/wp\/v2\/posts\/7722\/revisions\/7725"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.abrazpe.org.br\/index.php\/wp-json\/wp\/v2\/media\/7147"}],"wp:attachment":[{"href":"https:\/\/www.abrazpe.org.br\/index.php\/wp-json\/wp\/v2\/media?parent=7722"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.abrazpe.org.br\/index.php\/wp-json\/wp\/v2\/categories?post=7722"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.abrazpe.org.br\/index.php\/wp-json\/wp\/v2\/tags?post=7722"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}