Financial leasing and enterprise innovation.

• 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]