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《Forum on Science and Technology in China》 2018-10
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The Double-Threshold Effect Between the Science and Technology Innovation and Enterprise Value Related to the Marine Economy

Lu Lu;Sheng Yuhua;Qu Guoming;Dong Hongchao;School of Business,Nanjing Normal University;School of Business,Taizhou Institute of Science and Technology,Nanjing University of Science and Technology;  
In the context of the report of the 19th National Congress of the Communist Party of China as well as the Strategy of Powerful Country by Ocean,the paper focuses on the relationship between the investment innovation and the improvement of the value of enterprises in sea-related enterprises,by using the panel data of listed companies which are related to the marine economy in 2012—2015 with Stata15.0.The results indicate that the double-threshold effect of investment and enterprise value is significant and there is a big difference of this non-linear relationship between the coastal areas and non-coastal areas,the threshold value of the coastal areas is significantly lower than the threshold of non-coastal areas.Moreover,there is a structural imbalance during the statistical period.Such imbalances have been improved in the coastal areas but still need to be solved in non-coastal areas.
【Fund】: 江苏省研究生培养创新工程(KYCX17_1000)
【CateGory Index】: P74;F279.2;F273.1
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