The Influence Mechanism of Different Cash Flow Availability on R&D Investment: Evidence from China
It has been widely assumed and proven that a firm’s research and development (R&D) investment is limited if the availability of cash flow is constrained. The purpose of this study is to verify the opposite proposition: whether firms invest heavily in R&D when more cash flow is available. Thi...
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Main Authors: | Xiaobo Wu, Ye Hua, Hao Lu |
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Format: | Article |
Language: | English |
Published: |
Wiley
2022-01-01
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Series: | Complexity |
Online Access: | http://dx.doi.org/10.1155/2022/7458978 |
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