Fig. 18
From: The role of innovation-led profits in the development of an international financial centre
Is Access to Chinese Domestic Capital and Subsidies Useless for Innovation? The figure shows the results of econometric analysis looking at the determinants of INNOVATION in Chinese companies. To the extent that Shenzhen’s companies reflect the wider Chinese situation, then Qianhai would not help promote innovation by putting more finance and subsidies on offer. See source for empirical methods and variable definitions