This paper investigates how financial constraints affect a firm's decision on whether to conduct product innovation …. Theoretically, we show that a firm's optimal decision on product innovation is a function of its past decision, financial … of production, which eventually reduces the firm's probability of conducting product innovation. The theoretical …

promoting technological innovation in China, which are also confirmed in additional robustness and placebo tests …This study analyzes whether the loss of political connections in the Chinese listed firms affects their innovation …. Using number of firm patents as a proxy for innovation, we construct a quasi-natural experiment, which focuses on …

independent innovation of Chinese entrepreneurial companies from two dimensions: R&D input and patent output. An … independent innovation in strategic emerging industries. The results elucidate the internationalization strategy and independent … innovation of Chinese entrepreneurial companies, and have valuable implications for Chinese regulators in making international …

Firms, especially Chinese manufacturing firms, invest significant resources in innovation activities to sustain their … position in the intensifying competitive environment. However, innovation efficiency has led to growing concerns due to the … innovation efficiency and firm performance with a sample of 12,020 Chinese manufacturing firms for the period 2005-2007. The …

on the manufacturing sector in China, investigating the impact of managerial ownership on innovation from the perspective …Corporate innovation plays a crucial role in maintaining competitiveness and enhancing firm value. However, despite … being the world's leading manufacturing nation, the role of managerial ownership in fostering innovation within the Chinese …