The Relationship Between Financial Development and Innovation: Empirical Evidence from Selected Asian Countries
This study extends research on the relationship between financial development (FD) and innovation by dividing FD into bank‑based FD and stock‑market‑based FD and investigating their effects on innovation. The number of patent applications is used as a proxy for innovative activities, and the financi...
Main Authors: | , , |
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Format: | Article |
Language: | English |
Published: |
Mendel University Press
2019-01-01
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Series: | Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis |
Subjects: | |
Online Access: | https://acta.mendelu.cz/67/1/0287/ |