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Financial leasing and enterprise innovation.
- Source :
- Finance Research Letters; Aug2024, Vol. 66, pN.PAG-N.PAG, 1p
- Publication Year :
- 2024
-
Abstract
- • Enterprises' adoption of financial leasing has a positive effect on enterprise innovation. • Enterprises can alleviate financing constraints after adopting financial leasing. • Financial leasing positively affects innovation input and output. This paper selects the data of China's A-share listed enterprises from 2012 to 2022 as a research sample to explore the relationship between financial leasing and enterprise innovation. It is found that financial leasing positively affects innovation input and output; after enterprises use financial leasing to finance, it will alleviate the degree of financing constraints of enterprises and then promote enterprise R&D input and innovation output. [ABSTRACT FROM AUTHOR]
Details
- Language :
- English
- ISSN :
- 15446123
- Volume :
- 66
- Database :
- Supplemental Index
- Journal :
- Finance Research Letters
- Publication Type :
- Academic Journal
- Accession number :
- 178786965
- Full Text :
- https://doi.org/10.1016/j.frl.2024.105675