The Literature Review of Financial Development and Enterprise Financing Constraints on R&D
Jie Hu, Yukun Kou
Available Online October 2017.
- https://doi.org/10.2991/icesem-17.2017.133How to use a DOI?
- Enterprise Financing Constraints on R&D; R&D; Financial Development; Credit Rating
- 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.
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 -