Economic Transformation, Monetary Policy and Enterprise R&D Investment
- 10.2991/icoeme-18.2018.71How to use a DOI?
- economic transformation; monetary policy; R&D investment
The impact of macroeconomic environment and its regulatory policies on micro-enterprise investment and financing behavior has become one of the research hotspots in the company's financial field. This study takes 1754 listed companies listed on the Shanghai and Shenzhen Stock Exchanges in 2007-2017 as a sample to explore the mechanism of economic transformation, monetary policy and corporate R&D investment. This research found the following. Economic transformation has a significant positive impact on corporate R&D investment. Monetary policy has a positive effect on corporate R&D investment. Monetary policy has a positive adjustment effect between economic transformation and corporate R&D investment.
- © 2018, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - Zhao Yan PY - 2018/11 DA - 2018/11 TI - Economic Transformation, Monetary Policy and Enterprise R&D Investment BT - Proceedings of the 2018 International Conference on Economy, Management and Entrepreneurship (ICOEME 2018) PB - Atlantis Press SN - 2352-5428 UR - https://doi.org/10.2991/icoeme-18.2018.71 DO - 10.2991/icoeme-18.2018.71 ID - Yan2018/11 ER -