FIRM LOCATION AND INNOVATION: EVIDENCE FROM CHINESE LISTED FIRMS

被引:4
|
作者
Xu, Jian [1 ]
Yang, Xi [2 ]
Xin, Daqi [3 ]
Zhou, Wencang [4 ]
Zhu, Xiaoyang [5 ]
机构
[1] Univ Texas Rio Grande Valley, Robert C Vackar Coll Business & Entrepreneurship, Rio Grande Valley, TX 78539 USA
[2] East Stroudsburg Univ Penn, East Stroudsburg, PA 18301 USA
[3] Rensselaer Polytech Inst, Lally Sch Management, Troy, NY 12180 USA
[4] Montclair State Univ, Feliciano Sch Business, 1 Normal Ave, Montclair, NJ 07043 USA
[5] Oklahoma State Univ, Spears Sch Business, Stillwater, OK 74078 USA
关键词
Innovation; location; headquarter relocation; China; RESEARCH-AND-DEVELOPMENT; HEADQUARTERS; PERFORMANCE;
D O I
10.1142/S1084946719500262
中图分类号
F [经济];
学科分类号
02 ;
摘要
Matching city-level and province-level GDP data with firm headquarters' locations for a sample of Chinese listed firms from 2003 to 2015, we find that firm locations are positively and significantly associated with firm innovation. In addition, firms with higher government grants have higher R&D inputs. The gap between firms' innovation performance in ordinary cities and in non-ordinary cities is not significant in the eastern region; however, the gap is significant in the central and western regions of China. Finally, we use firm relocation to tackle the endogeneity issue and find that firms relocated to cities with larger size of economy are associated with higher innovation performance.
引用
收藏
页数:20
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