Zhong, Huijie; Zhang, Xinran; Chan, Kam C.; Yan, Chao - 2023
innovation. Using a difference-in-differences method, we find that the application of industrial robots increases firm innovation …. We identify two possible channels through which robots promote innovation: alleviation of financing constraints and the … improvement of human capital. Further analysis shows that the effect of robots on innovation is more pronounced for firms that are …