The Effect of Top Technology Enterprises’ Investment to Small Tech Businesses on Government funding in America

Yuzhuo Chen ()
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Yuzhuo Chen: New York University, Department of economics

A chapter in Proceedings of the 2022 4th International Conference on Economic Management and Cultural Industry (ICEMCI 2022), 2023, pp 421-429 from Springer

Abstract: Abstract Do top tech companies affect the government funding to small businesses? This study collects and reorganizes the data corresponding to wealthy elites from 2015 to 2020 in the United States of top 50 technology industries and applies panel data model to examine whether the grants from top technology companies to small tech business will affect the funding from government to small businesses. The result statistically reflects an impact of the top tech industries toward policy and finds that the growing power of technology companies has a certain degree of influence on the policy of government funds.

Keywords: Government funding; Small tech businesses; Policy; Technology enterprises; Innovation (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:spr:advbcp:978-94-6463-098-5_48

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DOI: 10.2991/978-94-6463-098-5_48

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