Finance and Corporate Innovation: A Survey

Asia-Pacific Journal of Financial Studies 47, 165-212, 2018

59 Pages Posted: 1 Nov 2017 Last revised: 16 Mar 2019

See all articles by Jie He

Jie He

University of Georgia - Department of Finance

Xuan Tian

Tsinghua University - PBC School of Finance

Date Written: April 12, 2018

Abstract

Corporate innovation is an increasingly important topic that has attracted great attention from academic researchers in financial economics in recent years. Although the top three finance journals (i.e. the Journal of Finance, the Journal of Financial Economics, and the Review of Financial Studies) together published a total of only five papers on corporate innovation from 2000 to 2008, the number of such papers published by these three journals skyrocketed to 56 from 2009 to the third quarter of 2017. The purpose of this survey is to provide a synthetic and evaluative monograph of academic papers that examine the drivers and financing sources of corporate innovation.

Keywords: Corporate innovation; Finance; Survey; Patents; Citations; R&D

JEL Classification: G10, G30, G31, G32, G34

Suggested Citation

He, Jie and Tian, Xuan, Finance and Corporate Innovation: A Survey (April 12, 2018). Asia-Pacific Journal of Financial Studies 47, 165-212, 2018. Available at SSRN: https://ssrn.com/abstract=3062863 or http://dx.doi.org/10.2139/ssrn.3062863

Jie He

University of Georgia - Department of Finance ( email )

B318 Amos Hall
Terry College of Business, University of Georgia
Athens, GA 30602-6253
United States

Xuan Tian (Contact Author)

Tsinghua University - PBC School of Finance ( email )

No. 43, Chengfu Road
Haidian District
Beijing 100083
China
+86-10-62794103 (Phone)

HOME PAGE: http://xuantian.info/

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