Abstract
We focus on China's extensive mixed ownership reform (MOR) and find that MOR significantly improves the innovation scale but reduces the collaborative innovation depth of SOEs. Additional research finds that this effect is primarily related to the widening of the internal salary gap and the reduction in the policy burden. An increase in the scale of innovation can enhance a company's intrinsic value; however, a decline in the depth of collaborative innovation has a negative impact on the intrinsic value.
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.
