关键词: 研究所, 改制, 效果评价

Abstract: This paper evaluates the restructuring effects of research institutes implemented by Chinese government began in 1999, based on a balanced sample of these institutes, both converted and unconverted, spanning 1998-2005. In order to control for potential endogeneity and selection bias, the paper employs various econometric methods to evaluate the impact of the restructuring program on the performance of these institutes. We find that the restructuring program appears to have achieved its fundamental goals, that is, it increased the productivity of the S&T enterprises and the non-profit research institutes relative to the non-converted enterprises. In particular, the conversion programs led to more of a commercial orientation and a relative increase in total revenue for the S&T enterprises; for the non-profit research institutes, conversion led to a very substantial increase in S&T revenue as well as an increase in government grants to facilitate an apparent shift toward basic research.

Key words: Research Institutes, Restructuring, Evaluation