Chang, Saeyoung; Jo, Hoje; Pozner, Jo-Ellen - In: Journal of entrepreneurial finance : JEF ; official … 24 (2022) 2, pp. 1-42
We examine the inter-relationships among employee-friendly policies (EFP), innovation through R&D investment, and firm … these assertions, we find that EFP is significantly and positively related to R&D investment and the number of patents. EFP … is also associated with increased firm value at high levels of R&D investment and high numbers of patents. Furthermore …