This paper explores the effect of judicial quality on corporate innovation by taking advantage of the staggered … establishment of Circuit Courts in China. We find that the introduction of Circuit Courts increases corporate innovation … protectionism, ease financial constraints and improve corporate governance, which in turn stimulates innovation. The positive …

This paper examines the impact of the local opioid epidemic on corporate innovation. Using a large sample of U … significantly less innovative as measured by their patenting activities. To establish causality, we exploit the state … suggestive evidence that the opioid pandemic hinders local firms’ innovation by increasing their health care costs and by …

We examine the impact of institutional investor networks on firm innovation in China. Employing the unexpected … institutional investor networks have a positive impact on firm innovation. Specifically, firms that are hold by well … investor networks act as information flow facilitator and a value certifier to encourage innovation activities …

achievement in keju, is positively correlated with the innovation productivity of local firms as measured by patent applications … empirically examines the impact of the CSE on local corporate innovation. We find that the density of jinshi, which is the highest …. Further tests suggest that the CSE promotes corporate innovation by fostering a forward-looking stance in firms, increasing …

corporate innovation. We find that analyst coverage will promote corporate innovation, supporting the information hypothesis. We … also discuss possible mechanisms of how analyst coverage increases innovation. The information and monitor effects are two … plausible channels that allow analyst coverage to promote innovation. Heterogeneity analysis shows the positive relation is more …

In this study, we examine the impact of environmental performance on corporate innovation based on a sample of 11 … corporate innovation. By analyzing the moderating effect of ownership structure, our findings suggest that institutional … ownership strengthened the positive relation between environmental performance and corporate innovation, while state ownership …

strategic importance of the EIs. The final section suggests the innovation strategies for the EI development in the CE context …

particulate matter with a diameter of 2.5 μm or less (PM2.5) on patent innovation. We adopt the two-stage least square method with ….8 million patent applications and associated citations in China, this paper examines the causal impact of the concentrations of … increased the number by about 2.8%. It demonstrates another innovation co-benefit of an improvement in air quality due to the …

. To assess how companies react to this intertemporal choice, we investigate whether and how green innovation, measured by … green patent count and value, is affected by oil price shocks when the energy threat is most acute. Over an extended sample … patenting activity. This evidence is attributable to energy efficiency improvement and environmental control. Further, firms …