Proceedings of the 2017 International Conference on Education Science and Economic Management (ICESEM 2017)

The Literature Review of Financial Development and Enterprise Financing Constraints on R&D

Authors
Jie Hu, Yukun Kou
Corresponding Author
Jie Hu
Available Online October 2017.
DOI
https://doi.org/10.2991/icesem-17.2017.133How to use a DOI?
Keywords
Enterprise Financing Constraints on R&D; R&D; Financial Development; Credit Rating
Abstract
This paper systematically reviews and combs the existing research results of related scholars both at home and aboard, finding out that there are notable financing constraints on enterprise R&D, and the development of financial market can alleviate the financing constraints of R & D. However, most literatures only consider a single factor for research and analysis, and there are few literatures expound it in angles with multiple factors. This paper will analyze the diversity of enterprise financing constraints on R&D from multiple perspectives of ownership, scale, region, credit rating, and R&D tax preference, as well as analyze the mitigation effect of financial development on enterprise R & D financing constraints under the influence of different firm characteristics.
Open Access
This is an open access article distributed under the CC BY-NC license.

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Cite this article

TY  - CONF
AU  - Jie Hu
AU  - Yukun Kou
PY  - 2017/10
DA  - 2017/10
TI  - The Literature Review of Financial Development and Enterprise Financing Constraints on R&D
BT  - Proceedings of the 2017 International Conference on Education Science and Economic Management (ICESEM 2017)
PB  - Atlantis Press
SP  - 585
EP  - 588
SN  - 2352-5398
UR  - https://doi.org/10.2991/icesem-17.2017.133
DO  - https://doi.org/10.2991/icesem-17.2017.133
ID  - Hu2017/10
ER  -