Liu, Wei; Suzuki, Yoshihisa - In: Financial innovation : FIN 10 (2024), pp. 1-43
This study investigates the relationship between stock liquidity and frm innovation for publicly traded growing small … and medium-sized enterprises (SMEs) in China using both innovation input and output. We collected samples of 785 SMEs from … demonstrate a signifcant positive relationship between stock liquidity and both innovation input, as measured by R&D investments …