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...
| Published in: | Complexity |
|---|---|
| Main Authors: | , , |
| Format: | Article |
| Language: | English |
| Published: |
Wiley
2022-01-01
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| Online Access: | http://dx.doi.org/10.1155/2022/7458978 |