000			02109cam a2200301 4500500
005			20260111061443.0
041			_afre
042			_adc
100	1	0	_aBui, Thi Minh Anh _eauthor
700	1	0	_aLe, Thanh Ha _eauthor
700	1	0	_aPham, Thi Minh Chau _eauthor
700	1	0	_aNgo, Hoang Quynh Anh _eauthor
700	1	0	_aNguyen, Hong Hanh _eauthor
245	0	0	_aA Comprehensive Evaluation of the Non-Linear Effects of Financial Development and Economic Freedom on Firm Innovation: Insights from a Logistic Model
260			_c2027.
500			_a32
520			_aInnovation activities often have high costs, require highly skilled personnel and a favorable macroeconomic environment. Among these factors, financial development and economic freedom play an important role in creating favorable conditions for mobilizing capital for businesses’ innovation activities. To clarify these effects, our research uses the logistic model to determine the non-linear effects of economic freedom and financial development on firm innovation. These effects are complex and non-linear: in early stages, financial development may inhibit innovation due to inefficiencies, but advanced development reverses this trend. Similarly, the benefits of economic freedom diminish at higher levels, suggesting an optimal range of policies and financial infrastructure for maximizing innovation. To stimulate innovation, it is essential to develop and optimize the financial market and economic freedom. Thus, policymakers should foster a robust and fair financial market and implement specific incentive mechanisms tailored to support innovative enterprises.
690			_aEconomic Freedom
690			_aFinancial Development
690			_aFirm Innovation
690			_aG10
690			_aLogistic Regression
690			_aM21
690			_aNon-Linear Effect
690			_aO31
786	0		_nJournal of Innovation Economics & Management | Prépublicatio | 2027-01-03 | p. I201-XXXII
856	4	1	_uhttps://shs.cairn.info/revue-journal-of-innovation-economics-2025-0-page-I201?lang=en&redirect-ssocas=7080
999			_c1614512 _d1614512