Fundamental innovation usually involves huge upfront costs, but the benefits are spread across various sectors of the economy. Given the large costs and limited appropriability of the benefits associated with fundamental innovations, individual firms underinvest in these innovations relative to...

The innovation of organizational model of tobacco production is the key to realization of sustainable development of tobacco production in China. From the perspective of sustainable development, we analyze the necessity of innovation of organizational model of tobacco production, put forward the...

Building on the co-evolutionary perspective, this study investigates the reciprocal and co-evolving relationship between political ties and green innovation in the presence of institutional and environmental changes. Using panel data for Chinese listed private firms for a sample period that runs...