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Published in 2024 at "Applied Economics Letters"
DOI: 10.1080/13504851.2024.2332537
Abstract: ABSTRACT Using a policy shock and data on Chinese listed firms, we examine the effect of pay-for-performance on corporate innovation. We find that pay-for-performance reduces invention innovation and increases utility model innovation. These findings remain…
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Keywords:
performance;
researchers innovation;
performance distort;
pay performance ... See more keywords