Does the Stock Market Boost Firm Innovation? : Evidence from Chinese Firms /

The paper analyses the effect of the stock market on firm innovation through the lens of initial public offering (IPO) using uniquely matched Chinese firm-level data. We find that IPOs lead to an increase in both the quantity and quality of firm innovation activity. In addition, IPOs expand a firm&#...

وصف كامل

التفاصيل البيبلوغرافية
المؤلف الرئيسي: He, Hui
مؤلفون آخرون: Li, Hanya, Zhang, Jinfan
التنسيق: دورية
اللغة:English
منشور في: Washington, D.C. : International Monetary Fund, 2017.
سلاسل:IMF Working Papers; Working Paper ; No. 2017/147
الوصول للمادة أونلاين:Full text available on IMF