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Web of Proceedings - Francis Academic Press
Web of Proceedings - Francis Academic Press

The Uncertainty of Economic Policy, Working Capital and Innovative Investment

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DOI: 10.25236/edssr.2020.060

Author(s)

Miao HE, Jinrong Shan, Fengyun Liang

Corresponding Author

Miao HE

Abstract

The uncertainty of economic policy makes it difficult for enterprises to judge the development trend of the market, and at the same time causes the problem of financing, so enterprises will give priority to meeting the normal business needs of enterprises and reduce the investment in innovative activities. Based on the background of Epidemic Situation, this paper discusses the impact of economic policy uncertainty and working capital on enterprises’ innovative input.

Keywords

Economic policy uncertainty, Working capital, Innovative investment