Education and Innovation: The Long Shadow of the Cultural Revolution
Author: Huang, Zhangkai, Phillips, Gordon M., Jialun, Yang, Zhang, Cherry Yi on Feb 27, 2020
How important is the education of CEOs to firm level innovation? In this paper, we examine the human capital cost of an external loss of education on subsequent innovation by firms and ask if it impacted firms more than 30 years later. We examine the ensuing innovation of Chinese firms…
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