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- W4385234949 abstract "This paper empirically investigates the influences of financial factors (constraint, sources, and supports) on firms’ research and development (R&D). We separately consider general R&D and green R&D. Further, under each R&D, we distinguish between independent innovation and dependent imitation. We acquire firm-level data from Business Environment and Enterprise Performance Survey (BEEPS) between 2017 and 2019 and find that a stringent financial constraint in tandem with undiversified financing sources most severely impede both general and green R&D. Overall, innovation is more sensitive to financial factors than imitation; relatively, green innovation is the most sensitive while green imitation is the least." @default.
- W4385234949 created "2023-07-26" @default.
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- W4385234949 date "2023-11-01" @default.
- W4385234949 modified "2023-09-25" @default.
- W4385234949 title "Innovation or imitation? The impacts of financial factors on green and general research and development" @default.
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- W4385234949 doi "https://doi.org/10.1016/j.iref.2023.07.048" @default.
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