In this paper, the authors extend the standard R&D endogenous growth model to incorporate a bargaining structure and consider the related R&D policies. We find that government policies and bargaining process could be potential sources of local indeterminacy. On a high-growth path, directly engaging in R&D activities and subsidizing R&D activities by government may not enhance economic growth. While on a low-growth path, directly engaging in R&D activities and implementing R&D subsidies may induce economic growth.