The political connections and R&D of private enterprises basedon the perspective of marketization degree

Abstract

Abstract: The relationships between private enterprise’s political connections and their investments on R&D among different regions of China with diverse marketization degree are focused on. Using the investment climate survey conducted by World Bank in China and controlling a series of relative factors, the following findings are obtained: (1) the political connected private enterprises are more likely to conduct R&D activities than non-political connected companies; (2) the lower the marketization degree and the more backward economic development a region is, the more noticeable the effect mentioned above is.

Key words: marketization degree, private enterprise, political connection, R&D participation

CLC Number:

F272.3

Jiang Yawen, Huang Yan, Xu Wen. The political connections and R&D of private enterprises basedon the perspective of marketization degree[J]. Science Research Management, 2012, (10): 48-55.

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