The Impact of Private Equity on Corporate Innovation
DOI:
https://doi.org/10.54097/qgfq0330Keywords:
Private equity; Corporate innovation; R&D investment; Total patents.Abstract
Private equity plays a crucial role in today's economic environment and has a profound impact on corporate innovation. This study aims to explore in depth how private equity investment affects corporate innovation and to reveal the mechanisms behind this impact. By constructing a linear regression model, the study finds that private equity investment has a positive effect on firms' R&D investment and patent output, thus proving that private equity investment promotes corporate innovation. The empirical evidence in this paper reveals the investment logic of private equity investment, provides an analysis of the process of the role of private equity investment in influencing corporate innovation performance, and enriches the research on the factors affecting corporate innovation performance. The findings of this paper are of practical significance in guiding private equity investment to enhance corporate innovation.
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