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Soft Budget Constraint and the Optimal Choices of R&D Projects Financing

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  • H. Huang
  • C. Xu

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  • H. Huang & C. Xu, 1998. "Soft Budget Constraint and the Optimal Choices of R&D Projects Financing," Working Papers 377, Queen Mary University of London, School of Economics and Finance.
    • Handle: RePEc:qmw:qmwecw:377
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    Cited by:

    1. Lo, Dic & Gao, Ling & Lin, Yuchen, 2022. "State ownership and innovations: Lessons from the mixed-ownership reforms of China's listed companies," Structural Change and Economic Dynamics, Elsevier, vol. 60(C), pages 302-314.
    2. Mathilde Maurel & Thomas Pernet-Coudrier, 2020. "New Evidence on the Soft Budget Constraint: Chinese Environmental Policy Effectiveness in Private versus SOEs," Post-Print halshs-02469382, HAL.
    3. Kornai, János, 2022. "Innováció és dinamizmus. Kölcsönhatás a rendszerek és a technikai haladás között [Innovation and dynamism. The reciprocal effect between systems and technical advance]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(1), pages 133-173.
    4. Di Guo & Haizhou Huang & Kun Jiang & Chenggang Xu, 2021. "Disruptive innovation and R&D ownership structures," Public Choice, Springer, vol. 187(1), pages 143-163, April.
    5. Mehrdad Vahabi, 2001. "The Soft Budget Constraint: A Theoretical Clarification," Post-Print hal-00629160, HAL.
    6. Zhang, Anming & Zhang, Yimin & Zhao, Ronald, 2003. "A study of the R&D efficiency and productivity of Chinese firms," Journal of Comparative Economics, Elsevier, vol. 31(3), pages 444-464, September.
    7. Nikitin, Maxim, 2000. "An Arrears Crisis and Stabilization Failure in a Transition Economy," Journal of Comparative Economics, Elsevier, vol. 28(4), pages 665-699, December.
    8. Xinxin Zhao & Zongjun Wang & Min Deng, 2019. "Interest Rate Marketization, Financing Constraints and R&D Investments: Evidence from China," Sustainability, MDPI, vol. 11(8), pages 1-17, April.
    9. Jie Wu & Hongxin Zhao, 2015. "The Dual Effects of State Ownership on Export Activities of Emerging Market Firms: An Inducement–Constraint Perspective," Management International Review, Springer, vol. 55(3), pages 421-451, June.
    10. Peilei Fan, 2011. "Innovation capacity and economic development: China and India," Economic Change and Restructuring, Springer, vol. 44(1), pages 49-73, April.
    11. Mathilde Maurel & Thomas Pernet, 2021. "New evidence on the soft budget constraint: Chinese environmental policy effectiveness in SOE-dominated cities," Public Choice, Springer, vol. 187(1), pages 111-142, April.
    12. Yang, Bofei & Zhu, Shengjun, 2022. "Public funds in high-tech industries: A blessing or a curse," Socio-Economic Planning Sciences, Elsevier, vol. 83(C).
    13. Yung-ho Chiu & Chin-wei Huang & Yu-Chuan Chen, 2012. "The R&D value-chain efficiency measurement for high-tech industries in China," Asia Pacific Journal of Management, Springer, vol. 29(4), pages 989-1006, December.

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