Dai, Jing; Liu, Guanchun; Ye, Ziqi; Mao, Haiou; Ye, Yongwei - In: China finance and economic review : CFER 13 (2024) 1, pp. 67-87
the view of vertical industrial chain, this paper examines how downstream competition affects upstream firms' innovation … by downstream competition enhances the marginal revenue of upstream firms' innovation, thus leading to an innovation … competition has a significantly positive impact on upstream firms' innovation, and this effect is more pronounced in firms with …