Research on the Effect of Financial Development on Industry Technological Innovation-An Empirical Analysis Based on Panel Data of Chinese Manufacturing Industry

被引：0
|
作者：
Hu, Jie [1 ]
Liu, Sijing [1 ]
机构：
[1] Shaanxi Normal Univ, Int Business Sch, Xian, Shaanxi, Peoples R China
来源：
2013 3RD INTERNATIONAL CONFERENCE ON SOCIAL SCIENCES AND SOCIETY (ICSSS 2013), PT 12 | 2013年 / 43卷
关键词：
Financial development; Technological innovation; External financing dependence; High-tech intensive; GROWTH; BANKS;
D O I：
暂无
中图分类号：
C [社会科学总论];
学科分类号：
03 ; 0303 ;
摘要：
From the industry level, using 2002-2011 data set that includes 27 subsectors from China's manufacturing industry, We show that industries that are more dependent on external finance and that are more high-tech intensive exhibit a higher innovation level. However, the development of credit markets appears to had no significant effect on innovation in industries with these characteristics.
引用
收藏
页码：25 / 31
页数：7
相关论文
共 15 条
  • [1] Diversity of opinion and financing of new technologies
    Allen, F
    Gale, D
    [J]. JOURNAL OF FINANCIAL INTERMEDIATION, 1999, 8 (1-2) : 68 - 89
  • [2] Banks and innovation: Microeconometric evidence on Italian firms
    Benfratello, Luigi
    Schiantarelli, Fabio
    Sembenelli, Alessandro
    [J]. JOURNAL OF FINANCIAL ECONOMICS, 2008, 90 (02) : 197 - 217
  • [3] Binwei Gui, 2013, ZHE JIANG SOCIAL SCI, V2, P78
  • [4] Bravo-Biosca A., 2007, THESIS HARVARD U
  • [5] Hicks, 1987, ECON THEOR, P12
  • [6] Hsu Po-Hsuan, 2013, J FINANC ECON, V16, P46
  • [7] Huan Zhu, 2010, SCI TECHNOLOGY MANAG, V14, P26
  • [8] Levine R, 1998, AM ECON REV, V88, P537
  • [9] Li Wang, 2007, TECHNOLOGICAL INNOVA, P165
  • [10] Equity financing and innovation: Is Europe different from the United States?
    Martinsson, Gustav
    [J]. JOURNAL OF BANKING & FINANCE, 2010, 34 (06) : 1215 - 1224
12