From Planned Economy to Market Economy: The Impacts of Marketization on Business Innovation Activities in China

• In Event: Economic Development, Technology, Security

Brief Overview

Using China as an example, we studied how economic structural shift can spur the increase of business innovation activities. Using stock market data, we documented significant positive impacts of economy marketization on business innovation.

Authors

• Xiaoyu Fu, Rutgers University, School of Economics

• Nan Li, California University of Pennsylvania