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We use the short-lived, but high-profile, China Top Brand Award to examine the causal effects of nonmonetary awards on … firm innovation. To do so, we create a panel dataset by matching official China Top Brand Award recipients to the … innovation outputs of listed companies. Results from difference-in-differences estimates show that firms that received the China …
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to promote and support innovative activities in China, ranging from the ‘Mass Entrepreneurship and Innovation by All’ to … the latest ‘Made in China 2025’. On the other hand, we have witnessed an increasing number of indigenous Chinese firms (e …
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