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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Bibliographic Details
Main Authors: Xiaobo Wu, Ye Hua, Hao Lu
Format: Article
Language:English
Published: Wiley 2022-01-01
Series:Complexity
Online Access:http://dx.doi.org/10.1155/2022/7458978
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