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学术前沿讲座——Personal Bankruptcy Law and Innovation around the World

发布时间:2022-05-30访问量:10


报告题目

Personal Bankruptcy Law and Innovation around the World

报告人(单位)

荣昭(中南财经政法大学)

点评人(单位)

王铮

(东南大学)

点评人(单位)

高彦彦

(东南大学)

会议地点

202262日(周四)上午10:00-11:30

腾讯会议ID333-317-002

报告人简介

荣昭,中南财经政法大学文澜学院教授、博士生导师。历任西南财经大学、南京审计大学副教授。研究领域包括企业创新、公司理财和人口流动。论文发表于《Research Policy》《Small Business Economics》《Journal of Comparative Economics》《European Financial Management》《Pacific-Basin Finance Journal》《Journal of Housing Economics》、《管理世界》《经济学季刊》《金融研究》《科研管理》等国内外知名经济、金融、管理类SSCISCI学术期刊发表论文20余篇。

报告内容提要

We conjecture that the access to discharge from pre-personal bankruptcy indebtedness enhances entrepreneurs’ incentives to take risks through innovation. We test this proposition using data from 33 countries over the years 1990-2002 that span within-country over-time variations in the personal bankruptcy law (PBL) that made discharge more accessible. The data indicate that PBL changes lead to more innovative entrepreneurship and higher innovation output, and these effects are more pronounced in more innovative industries. The data further indicate that PBL changes cause industries to grow faster regardless of their initial level of innovativeness.



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