Author(s)

Wei Zhang

Corresponding Author

Wei Zhang

Abstract

This paper uses the panel data of 247 companies in A-share listed companies from 2008 to 2016 and the structure of property rights structure to empirically study the impact of changes in corporate property rights on technological innovation. The study found that the property rights structure, that is, the increase in the proportion of state-owned legal person shareholders (shareholders holding more than 5% of shares or the top 10 shareholders) has significantly promoted technological innovation in enterprises, and a certain degree of property rights structure changes contribute to technological innovation.

Keywords

Property rights structure, Innovation, Chinese enterprises, Industry