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Intellectual property protection and corporate investment efficiency: An analysis of the moderating effect based on financial technology transfer

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  • Wu, Jiaying
  • Yang, Yu

Abstract

Based on data from Chinese A-share listed companies and regional data in China from 2012 to 2023, this paper explores the relationship between intellectual property protection, financial technology transfer, and corporate investment efficiency. The research findings indicate that intellectual property protection enhances corporate investment efficiency; financial technology transfer positively moderates the effect of intellectual property protection on corporate investment efficiency; and the moderating effect of financial technology transfer exhibits heterogeneity between profit-making and non-profit-making enterprises.

Suggested Citation

  • Wu, Jiaying & Yang, Yu, 2025. "Intellectual property protection and corporate investment efficiency: An analysis of the moderating effect based on financial technology transfer," Finance Research Letters, Elsevier, vol. 84(C).
    • Handle: RePEc:eee:finlet:v:84:y:2025:i:c:s1544612325010244
    DOI: 10.1016/j.frl.2025.107766
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