The Impact of Long-term and Short-term Loans from Small and Medium-sized Banks on Corporate Research and Development Investment

Abstract

The Impact of Long-term and Short-term Loans from Small and Medium-sized Banks on Corporate Research and Development Investment Wen Wen WANG Dept o f Economic s and F inance Graduate School of Hanyang University During the critical period of transitioning from a period of high-speed growth to one of high-quality development in the Chinese economy, understanding the mechanisms and effects of bank industry restructuring on enterprise financing and innovation, as well as enhancing the effective supply of financial resources and innovation capabilities, has emerged as a vital strategic concern.