The Impact of Financial Supply Side Reform on Enterprise Innovation Investment
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DOI: 10.25236/icess.2019.093
Author(s)
Ling Yan, Mei Wang, Sukun Liu
Corresponding Author
Sukun Liu
Abstract
Enterprise innovation investment requires a large amount of capital investment, and excessive external financing costs have become an important factor hindering enterprises to make innovative investments. The study reveals the financial supply side reform to ease corporate financing constraints and promote the transmission mechanism of R&D investment. On this basis, it points out the direction of future financial supply side reforms to promote R&D investment and social progress.
Keywords
financial supply side reform, financing constraints, corporate innovation investment, financial system