Tang, Dapeng; Li, Yuan; Zheng, Hao; Yuan, Xin - In: China journal of accounting research : CJAR 15 (2022) 3, pp. 1-32
Using panel data from 242 cities in China, we examine the impact of government research and development (R&D) spending … on corporate technological innovation. We find that listed firms located in cities with higher government R … innovation by alleviating financing constraints, improving employee creativity and ensuring efficient operations. We demonstrate …