Innovation intensity, asset specificity and cost stickiness
Abstract
“Cost stickiness” refers to the asymmetric relationship between enterprise cost and the increase or decrease of business volume. This paper studies the impact of innovation intensity on cost stickiness and the impact of asset specificity as a moderator on the relationship between the two. This paper selects the a-share listed companies in Shanghai and Shenzhen stock markets from 2016 to 2020 as the research sample, first using
创新强度、资产专用性与成本粘性-14096字.docx