Supplier Concentration, Commercial Credit Financing And Corporate Research And Development
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DOI: 10.38007/Proceedings.0002062
Author(s)
Xiaoyang Liu and Wei Di
Corresponding Author
Xiaoyang Liu
Abstract
Abstract: This paper takes China's manufacturing boss company as the research object, from the perspective of external stakeholder suppliers to study the impact of enterprise innovation factors. The results show that supplier concentration inhibits the level of research and development expenditure, and supplier concentration reduces the enterprise's research and development expenditure by curbing the scale of commercial credit financing. This paper clarifies the mechanism of supply chain concentration to restrain the investment of enterprise research and development, which is beneficial to the management of supplier relationship.
Keywords
Keywords: Supplier Commercial Credit Financing Intermediary Effect Innovation Input