Competition is the catalyst of corporate innovation, which is the foundation of a country's core competitiveness. From the view of vertical industrial chain, this paper examines how downstream competition affects upstream firms' innovation output. Given innovation helps reduce the production...

Whether and how the design and enforcement of laws exerts a profound influence on innovation activities has been the central subject of study in a wide spectrum of disciplines. This paper examines the role of the social insurance law in driving corporate innovation. We consider a simple model...