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| Study on Government Grants, Cashholding and Firm R&D Smoothing |
| Liang Tongying;Su Degui;Jin Zhencheng |
| Institute of Business Administration，South China University of Technology, Guangzhou 510640,China |
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Abstract In the long-term dynamic economic environment,Chinese R&D funding increase still with annual high speed, while we should pay attention to R&D smoothing rather than the short-term growth. We consider it an important role in R&D smoothing and choose the dat
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Received: 08 December 2015
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