Innovation scholars highlight the economic benefits to firms, while research findings on the relationship between innovation output and economic returns remain mixed. In this study, we develop the profiting from innovation (PFI) framework and address the crucial role of financial constraints in...

Stockpiling and scheduling plans for medical supplies represent essential preventive and control measures in major public health events. In the face of major infectious diseases, such as the novel coronavirus disease (COVID-19), the outbreak trend and variability of disease strains are often...

This paper examines how Chinese policy banks responded to China's Belt Road Initiative (BRI) using transaction-level international syndicated loan data. Employing a difference-in-differences (DID) estimation, we show that Chinese policy banks increased aggregate lending (number of loans and loan...