Abstract
Taking the A-share listed companies in Shanghai and Shenzhen from 2012 to 2019 as a sample, the relationship and mechanism between intellectual property protection and enterprise value are empirically tested. It is found that intellectual property protection has a significant positive impact on enterprise value, and R&D investment is the mediating variable between intellectual property protection and enterprise value. Further analysis shows that for state-owned enterprises, high-tech enterprises and enterprises with less financing constraints, intellectual property protection has a more significant effect on the enhancement of enterprise value.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
