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&D expenditures are more innovative than firms in other cities....