报告主题：Is language an economic institution? -- Evidence from R&D and innovation
报告人：迟健心 教授
时间及地点：2018年7月7日13:00-14:00 ； 研究生院报告厅
邀请人：李延喜 教授
人物简介：迟健心博士，美国内华达大学Lee商学院金融学副教授，研究领域涉及产品市场竞争、高管薪酬、公司估值、并购与盈余管理。他的多篇研究成果发表在国际著名期刊上，例如Journal of Financial and Quantitative Analysis, Financial Management, Journal of Banking and Finance. Journal of Financial and Quantitative Analysis, Financial Management, and the Journal of Banking and Finance.
报告摘要：Some languages encode future timing more ambiguously than others. We identify two economic channels through which more ambiguous reference to future timing leads to higher levels of R&D investment. Our empirical tests on country- and firm-level R&D investment confirm this prediction, even after controlling for an extensive set of formal and informal economic institutions and addressing endogeneity concern in multiple ways. Tests on patent generation provide further evidence that ambiguous reference to future timing leads to more innovation.
