文献类型：期刊文献

英文题名：Impact of R&D innovation and political background on corporate growth: A study based on private listed companies in China

作者：Kong, Xiangde[1];Chen, Hongan[1];Wu, Peng[2];Ma, Ran[3];Pan, Fei[4]

机构：[1]East China Univ Sci & Technol, Sch Business, Shanghai, Peoples R China;[2]Yangzhou Univ, Sch Business, Yangzhou, Jiangsu, Peoples R China;[3]Shandong Univ Polit Sci & Law, Civil & Commercial Law Sch, Jinan, Shandong, Peoples R China;[4]Univ Shanghai Sci & Technol, Sch Business, Shanghai, Peoples R China

年份：2024

卷号：19

期号：5

外文期刊名：PLOS ONE

收录：;WOS:【SCI-EXPANDED(收录号:WOS:001245183200096)】；

基金：This work was sponsored by the Science and Technology Commission of Shanghai Municipality (23692119100), Shanghai Pujiang Programme (23PJC074), and National Natural Science Foundation of China (72202137). The funders had no role in study design, data collection and analysis, decision to publish, or preparation of the manuscript.

语种：英文

摘要：Based on a review of related concepts and theories this study investigates the different impacts of research and development (R&D) innovation and political background on corporate growth in a particular context. Unlike other studies, we integrate these two factors. We empirically analyze 6079 sets of data from 1292 A-share private manufacturing enterprises in Shanghai and Shenzhen from 2012 to 2019. The results show that these factors directly impact corporate growth and have heterogeneous effects at different enterprise growth levels. We find the effect of R&D innovation on corporate growth is more pronounced for young firms. These findings highlight the need for firms to adjust their investments in R&D innovation and political backgrounds at different stages of development to adapt to different markets and political environments.