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《Journal of Industrial Technological Economics》 2018-07
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NIS,PIS and R&D Input of Chinese Listed Companies

Yang Liuqing;Liang Qiaozhuan;Kang Hua;School of Economics and Management,Northwest University of Politics and Law;School of Management,Xi'an Jiaotong University;School of Economics and Management,Xi'an University of Technology;  
This paper investigates the impact of NIS( National Innovation System) and RIS( Provincial Innovation System)on RD with a pooled data sample of the 5052 publicly listed companies for the period of 2008 ~ 2016. The result shows that there is a significantly positive relationship between the NIS,RIS and the next-year RD input of listed companies,and the impact of PIS on the next-year RD input of listed companies is superior to NIS. But there is a complementary effect between NIS and PIS about the impact on the next-year RD input of listed companies. These results tell us that central government and provincial government should improve the construction of NIS and PIS.
【Fund】: 国家自然科学基金面上项目“基于风险行为视角的高管晋升激励对企业研发投入的影响研究”(项目编号:71472151);; 中国博士后基金面上项目“高管晋升激励、风险偏好与企业创新”(项目编号:2014M552472)
【CateGory Index】: F124.3;F273.1
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