We revisit the "paradox of openness" in the literature which consists of two conflicting views on the link between patenting and open innovation — the spillover prevention and the organizational openness views. We use the data from the Survey of Innovation and Patent Use and the Community...

From the perspective of credit allocation, this paper analyzes the effects of credit market development on the innovative capacities of industrial firms in the People's Republic of China. Using a large dataset of industrial firms in 31 provinces in the People's Republic of China, we find that...