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&#...

पूर्ण विवरण

ग्रंथसूची विवरण
मुख्य लेखक: He, Hui
अन्य लेखक: Li, Hanya, Zhang, Jinfan
स्वरूप: पत्रिका
भाषा:English
प्रकाशित: Washington, D.C. : International Monetary Fund, 2017.
श्रृंखला:IMF Working Papers; Working Paper ; No. 2017/147
ऑनलाइन पहुंच:Full text available on IMF