Luo, Lianfa; Cheng, Zhiming; Ye, Qingqing; Cheng, Yanjun; … - 2023
firm innovation. To do so, we create a panel dataset by matching official China Top Brand Award recipients to the … innovation outputs of listed companies. Results from difference-in-differences estimates show that firms that received the China … the China Top Brand Award on innovation outputs operate through higher government subsidies to winning firms. We also find …