Issue |
E3S Web Conf.
Volume 253, 2021
2021 International Conference on Environmental and Engineering Management (EEM 2021)
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Article Number | 03051 | |
Number of page(s) | 5 | |
Section | Environmental Equipment Engineering Management and its Technical Application | |
DOI | https://doi.org/10.1051/e3sconf/202125303051 | |
Published online | 06 May 2021 |
Exchange rate changes, banking competition and enterprise innovation output Evidence of listed companies in strategic emerging industries
Dalian Polytechnic University Ganjingzi, Dalian, Liaoning, China
Corresponding author: Joslyn3197@outlook.com
Taking the listed companies in strategic emerging industries and selected the companies that constitute the Shanghai Stock Exchange China Strategic Emerging Industry Composite Index as samples, this paper uses provincial panel data from 2012 to 2016 to assess the impact of banking competition and exchange rate changes on the innovative products of strategic emerging companies, and tests the relationship out. The results show that banking competition and exchange rate changes have a significant positive impact on the innovation output of enterprises. From the perspective of enterprise scale, increased competition in the banking industry is more conducive to the innovation output of large enterprises. The smaller the enterprise scale, the more sensitive its innovation output is to exchange rate changes.
© The Authors, published by EDP Sciences, 2021
This is an Open Access article distributed under the terms of the Creative Commons Attribution License 4.0, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
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