Tan, Jinsong; Cao, Huijuan; Kong, Xiangting - In: China journal of accounting research : CJAR 12 (2019) 2, pp. 209-229
This study examines whether and how a concentrated supply chain relationship affects a firm's innovation decisions … firm's R&D investment, where a 1% increase in customer concentration is associated with a 0.011% decrease in R&D investment … concentration and firms' innovation is less pronounced for firms with more external financial support. Additional analysis reveals …