(Lecture, May 14) Real Asset Liquidity and Corporate Innovation
2018-05-10 readCount:84
Topic: Real Asset Liquidity and Corporate Innovation
Speaker: Dr. Huang Hongren (National Central University of Taiwan)
Venue: Room 202, Building B10, University Town Campus
Time: Monday, May 14, 2018, 14:00
Utilizing a real asset liquidity index and U.S. patent data from 1986-2006, we demonstrate that real asset liquidity encourages corporate innovation, allowing our findings to reconcile the two opposing views on their relation. This positive impact of real asset liquidity on innovation weakens when firms face financial constraints and product-market competition.

Announced by School of Economics and Commerce