Abstract
The purpose of this paper is to study the mediating role of political-business relationship in the business efficiency of high-tech firms in terms of intellectual property protection. We find that: the improvement of the quality level of IPR protection implementation environment can promote the growth of business performance benefits; the political-business relationship can have a suppressive effect on the business performance benefits; the level of IPR protection implementation environment quality can promote the business performance benefits of high-tech enterprises under the mediating effect of political-business relationship, but there is a masking effect of this mediating effect.
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