Economic policy uncertainty and corporate cooperative research and development: Empirical evidence based on Chinese patent data

被引：2

作者：

Zhou, Ling ^{[1
]}

Chen, Peng ^{[2
]}

机构：

[1] Hebei Univ, Coll Econ, Baoding 071002, Hebei, Peoples R China

[2] Hebei Finance Univ, Sch Marxism, Baoding 071051, Hebei, Peoples R China

来源：

FINANCE RESEARCH LETTERS | 2024年 / 68卷

关键词：

Economic policy uncertainty; Corporate cooperation; Patent data; INNOVATION; OWNERSHIP;

D O I：

10.1016/j.frl.2024.105806

中图分类号：

F8 [财政、金融];

学科分类号：

0202 ;

摘要：

Based on patent data at the corporate level in China, this paper empirically tests the impact of economic policy uncertainty on corporate cooperative research and development (R&D) by constructing an econometric model. The results reveal that the higher the economic policy uncertainty, the lower the degree of corporate cooperative R&D. Heterogeneity analysis indicates that the negative impact of economic policy uncertainty on corporate cooperative R&D is more pronounced in non-state-owned enterprises and in firms with high financing constraints.

引用

页数：7

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