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Research Policy 2020

Public funding and the ascent of Chinese science: Evidence from the National Natural Science Foundation of China

Albert G. Z. Hu

National University of Singapore

open access

Abstract

We investigate the role of public funding in the rapid ascent of Chinese science by examining the impact of a major upgrade of a funding program of the National Natural Science Foundation of China in 2011. Using research grant level data and a difference-in-differences estimator, we found that the more generous funding resulted in higher research output, measured by the number of publications, the number of citation-weighted publications, the number of journal impact factor-adjusted publications, and the maximum journal impact factor. This belies significant variation in the impact of the change in funding by researcher characteristics: 1) less-established researchers benefit more from the funding upgrade; 2) scientific fields that are more likely to be financially constrained benefited more; and 3) researchers from less-prestigious research institutions made more productive use of the additional funds. Finally, we found that the funding upgrade has led to increasing collaboration with researchers from top science-producing foreign countries for the less-prestigious institutions.

DOI
10.1016/j.respol.2020.103983
Sources
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