Huang, Xunjiang - In: European research on management and business economics 29 (2023) 1, pp. 1-10
Firms, especially Chinese manufacturing firms, invest significant resources in innovation activities to sustain their … innovation efficiency and firm performance with a sample of 12,020 Chinese manufacturing firms for the period 2005-2007. The … results show that most Chinese manufacturing firms are inefficient in R&D activities. Competition forces firms to focus on the …