Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
488362 | Procedia Computer Science | 2016 | 7 Pages |
Abstract
We empirically examine the relationship among venture capital (VC), ownership concentration and enterprise R&D investment. Drawing on the data of China's GEM from 2010 to 2014, we find that VC and enterprise R&D investment are significantly positively correlated while ownership concentration and enterprise R&D investment are significantly negatively correlated. Further research shows that in the VC-backed companies ownership concentration has no significant impact on R&D investment.
Keywords
Related Topics
Physical Sciences and Engineering
Computer Science
Computer Science (General)
Authors
Hongxing Wen, Kui Xia,