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Bulletin of Monetary Economics and Banking

Document Type

Article

Abstract

We investigate the moderating role of corruption on the effect of government researchand development (R&D) expenditure on enterprise innovation in China, using annualdata from 2002 to 2013 in a panel of 30 provinces. Our findings show that R&Dexpenditure does not influence the number of patent applications, but it does influencethe number of patents granted. When considering official corruption, the interactionterm of R&D expenditure and corruption has a statistically significantly positive effecton the numbers of patent applications and patents granted, with corruption havingsignificantly positive effects on the ratio of the number of patents granted to thenumber of patent applications.

First Page

409

Last Page

430

Creative Commons License

Creative Commons Attribution-NonCommercial 4.0 International License
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License

Country

China

Affiliation

Zhengzhou University of Aeronautics

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