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&#...
| Glavni autor: | |
|---|---|
| Daljnji autori: | , |
| Format: | Žurnal |
| Jezik: | English |
| Izdano: |
Washington, D.C. :
International Monetary Fund,
2017.
|
| Serija: | IMF Working Papers; Working Paper ;
No. 2017/147 |
| Online pristup: | Full text available on IMF |