Government efficiency and enterprise innovation ? evidence from China

被引:16
|
作者
Chen, Han [1 ]
Yoon, Soon Suk [2 ]
机构
[1] Xiamen Natl Accounting Inst, Xiamen, Fujian, Peoples R China
[2] Western Illinois Univ, Coll Business & Technol, Dept Accounting & Finance, Macomb, IL 61455 USA
关键词
Enterprise innovation; government efficiency; rent-seeking; high-tech industry; state ownership; SEEKING;
D O I
10.1080/19761597.2019.1678389
中图分类号
F [经济];
学科分类号
02 ;
摘要
We use Chinese listed firms from 2010 to 2016 to explore the incentive mechanism and the differential effect of 27 provincial government efficiency on enterprise innovation. We find that the government efficiency positively affects the innovation investment and output. The government efficiency helps reduce rent-seeking opportunities; hence, rent-seeking firms react more positively to government efficiency. We also find that high-tech industry membership and state-ownership affect the incentive mechanism of government efficiency for enterprise innovation.
引用
收藏
页码:280 / 300
页数:21
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