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 …

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 …

An in-depth understanding of the relationship between innovation factor allocation, the institutional environment, and … explore the effect of innovation factor allocation on high-quality economic development and the moderating effects of … different institutional environments. First, we construct a comprehensive indicator system for innovation factor allocation and …