constraints or the promotion of follow-on innovation. …

Understanding the factors that may produce a sustained rate of innovation is important for promoting economic … development and growth. In this paper, we examine the role of human capital in firms' innovation by using a large sample of … small and medium sized cities. Patent applications are used as the measure of innovation. Human capital indicators used …

innovation performance (IP). In addition, existing studies examine the moderating effect of S&T employees management (STEM) on … the relationship between S&T employees input (STEI) and innovation performance (IP). We obtained 324 valid samples through …&T employees management (STEM) exerted a positively significant effect on innovation performance. However, the moderating effect of …

. These policies triggered concerns over the impact of debt financing on firms' technological innovation activities. Based on … the effect of debt financing on two types of technological innovation, namely radical and incremental innovation …. Specifically, both the direct effect of debt financing on technological innovation and its moderating effect on the relationship …

Can historical institutions affect today's firm innovation? We analyze a historical experiment in 1902, when the … industrial firms in China, we show that firms in locations historically affected by the CMC rules exhibit higher innovation …

manufacturing sector of China. The results show that funding for production and innovation can revive zombie enterprises in … expanding industries, while funding for interest cannot. Furthermore, funding for production and innovation can share costs …, increase investment in selling or innovation, and promote the scaling down of businesses through external governance effects …