Public development finance and firm innovation

This paper empirically examines the impact of public development finance on firm innovation using loan data from public development finance institutions. The findings reveal that an increase in the size of loans from these institutions significantly enhances firm R&D investments and outputs, pri...

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Bibliographic Details
Main Authors: Jie Liu, Kun Xu, Jiarong Li
Format: Article
Language:English
Published: KeAi Communications Co. Ltd. 2024-12-01
Series:China Economic Quarterly International
Subjects:
Online Access:http://www.sciencedirect.com/science/article/pii/S2666933125000012
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