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Financing Entrepreneurship and Innovation in China: A Public Policy Perspective

Author

Listed:
  • Cong, Lin William

    (University of Chicago - Booth School of Business)

  • Lee, Charles M. C.

    (Stanford University - Graduate School of Business)

  • Qu, Yuanyu

    (University of International Business and Economics (UIBE) - School of Banking and Finance)

  • Shen, Tao

    (Tsinghua University)

Abstract

This study reports on the current state-of-affairs in the funding of entrepreneurship and innovations in China and provides a broad survey of academic findings on the subject. We discuss the implications of these findings for public policies governing the Chinese financial system. In particular, we conclude that regulations governing the initial public offering (IPO) process in China are antiquated and in dire need of reform. We also identify and discuss promising areas for future research.

Suggested Citation

  • Cong, Lin William & Lee, Charles M. C. & Qu, Yuanyu & Shen, Tao, 2018. "Financing Entrepreneurship and Innovation in China: A Public Policy Perspective," Research Papers 3733, Stanford University, Graduate School of Business.
    • Handle: RePEc:ecl:stabus:3733
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    Cited by:

    1. Yan Li & Md. Main Uddin & Ye An, 2020. "Has financial development benefited the performance of publicly traded cultural and creative firms? Evidence from China," Journal of Cultural Economics, Springer;The Association for Cultural Economics International, vol. 44(3), pages 351-395, September.
    2. Dushnitsky, Gary & Yu, Lei, 2022. "Why do incumbents fund startups? A study of the antecedents of corporate venture capital in China," Research Policy, Elsevier, vol. 51(3).

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