Nineteenth phase of the 2017 series of academic reports of the investment department of Shanghai University of Finance and Economics

promulgator:公共经济管理学院英文Release time:2017-12-08viewed:56

[subject] supply side Innovation: China's higher education enrollment  expansion and enterprise innovation (The Supply Side of Innovation:  China 's Higher Education Expansion and, Education).

Zhang Jian is now an associate professor of the school of finance, Southwestern University of Finance and Economics

[time] November 1, 2017 (Wednesday) 13:30-15:00 p.m.

[location] 303 conference room of Fenghuang building, Shanghai University of Finance and Economics

[host] Investment Department of the school of public economics and management, Shanghai University of Finance and Economics

Professor Chen Jie, Professor of investment department at Shanghai University of Finance and Economics

[keynote  speaker] Zhang Jian, now an associate professor and doctoral tutor of  School of finance, Southwestern University of Finance and Economics, got  his Ph.D. in finance from Temple University in 2013 (Temple  University). The main research areas are corporate governance, corporate  innovation, and corporate investment. In recent years, many papers have  been published in Journal of Business Ethics with the first author and  independent author's identity, and there are many papers in  international journals for trial or second trial.

[Abstract] This  paper investigates the impact of human capital on corporate innovation.  To establish causality, we exploit a policy-induced exogenous shock in  the supply of China s college-educated workforce that started in  identify the impact of 2003 to human capital on innovation. Using a  difference-in-difference approach, we find that firms in high-skilled  industries generate better innovation outcomes measured by patents and  citations. Our finding is more significant when there are more science  and engineering college graduates in the labor market, when the quality  of better college education is, and when the firm is a SOE.