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How does credit-based financial policy affect technological innovation?Evidence from bond issuance in China

Dayong Liu Yan Li Xuejing Liu Yongjie Zhang Xiaoyun Fan

Journal of Management Science and Engineering2026，Vol.11Issue(2)：P.389-411,23.

Journal of Management Science and Engineering2026，Vol.11Issue(2)：P.389-411,23.DOI:10.1016/j.jmse.2026.04.005

How does credit-based financial policy affect technological innovation?Evidence from bond issuance in China

Dayong Liu ¹Yan Li ¹Xuejing Liu ¹Yongjie Zhang ¹Xiaoyun Fan²

作者信息

1. College of Management and Economics,Tianjin University,Tianjin,300072,China
2. School of Finance,Nankai University,Tianjin,300071,China
折叠

摘要

关键词

Technological innovation/Credit‑based financial policy/Bond issuance/External financial dependence

分类

管理科学

引用本文复制引用

Dayong Liu,Yan Li,Xuejing Liu,Yongjie Zhang,Xiaoyun Fan..How does credit-based financial policy affect technological innovation?Evidence from bond issuance in China[J].Journal of Management Science and Engineering,2026,11(2):P.389-411,23.

基金项目

supported by the National Natural Science Foundation of China(72641008,72342022,72495155) （72641008,72342022,72495155）

the National Social Science Fund of China(19ZDA047,21CJL009). （19ZDA047,21CJL009）

Journal of Management Science and Engineering

ISSN：2096-2320

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