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Intellectual property financing and enterprise growth

Author

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  • He, Chen
  • Zhang, Yinliang
  • Wang, Na

Abstract

Using data from Chinese pharmaceutical companies listed between 2003 and 2022 and employing quantitative analysis, this study explores the relationship between intellectual property (IP) financing, corporate turnover capabilities, and enterprise growth. This study reveals that IP financing significantly enhances firms’ research and development as well as market competitiveness, thereby promoting growth. Furthermore, this study examines how IP financing varies and interacts with various pharmaceutical companies. Findings provide theoretical support and practical guidance for pharmaceutical companies seeking to develop IP financing strategies and improve turnover capacities, offering valuable support for policy formulation. This study has important theoretical and practical implications.

Suggested Citation

  • He, Chen & Zhang, Yinliang & Wang, Na, 2025. "Intellectual property financing and enterprise growth," Finance Research Letters, Elsevier, vol. 77(C).
    • Handle: RePEc:eee:finlet:v:77:y:2025:i:c:s154461232500340x
    DOI: 10.1016/j.frl.2025.107076
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    References listed on IDEAS

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