How Does Firm-Level Economic Policy Uncertainty Affect Corporate Innovation? Evidence from China

Round 1

Reviewer 1 Report

Hi

I have a few notes about the work done. These notes are as follows:

1. What is the contribution of the main paper? The purpose of this work?

2.A flowchart needs to be included about the proposed methodology.

3.The nomenclature part should be provided before introduction section

4.There are abbreviations that need explanation in the text, such as TPU, , TXT, PDF, ST, SOE, MD&A, SFC, R&D.

5.      The Abstract needs to be improved.

6.As further remark, the end of Section 1 should have summarised the general structure of the manuscript by briefly listing the contents of its sections.

 

 

 

Author Response

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Author Response File: Author Response.pdf

Reviewer 2 Report

The title “How does firm-level economic policy uncertainty affect corporate innovation? Evidence from China” is an interesting piece of work focusing on micro-level data, which investigates and finds the negative effect of uncertainty measures on enterprise innovation activity. However, the following comments should be added to increase the quality of the work: The abstract is well-written. However, the policy implication should be discussed meaningfully, which is directly flowing from the major results of the study. The topic of the study is interesting and worthy of publication. However, the introduction section needs to discuss the literature gap and then the contribution of the study. For instance, the literature gap should be discussed in the last paragraph of this section with references to previous studies on the topic. The literature review is well-covered. However, the literature review does not contain recent studies and at least 15 studies recent studies. The studies published in 2022-23 should be added. The methodology looks sound. However, adding a better proxy of innovation like industry-specific would add the contribution to the study. There are 12 tables, which convey the findings. The results are discussed well the major findings of the study. However, it should be discussed with more economic and business meanings. Moreover, the results should be compared with recent studies on the topic. The policy implication in the conclusion section should be added and should flow directly from the major results of the study.

 

Author Response

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Author Response File: Author Response.pdf

Reviewer 3 Report

It's my pleasure to review this manuscript. The theme of this study is interesting and within the scope of this journal. Major revision is suggested to further enhance the content quality.

Rewrite the Abstract. Ensure that it clearly reflects the motivation, objectives, methodology, outcome.

Strengthen the literature review section. Refer recent and relevant papers.

Highlight the contribution of this study

Recheck Table 2,3,5

Rewrite the Conclusion section mentioning novelty, limitations, future scope.

Ensure that all the references are complete and as per format

Author Response

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Author Response File: Author Response.pdf

Reviewer 4 Report

Dear Authors

This is an interesting manuscript that determines the “How does firm-level economic policy uncertainty affect corporate innovation? Evidence from China”. The methods are not novel but are acceptable. It should be noted the correction of several items is necessary in this manuscript. Specially, English language of writing should be modified in the whole of manuscript. Please study the “Guide for Authors” of journal, carefully and correct the manuscript based on the guideline. Moreover literature review is not up to date. You should use appropriate papers for this section such as Principle of life cycle assessment and cumulative exergy demand for biodiesel production: Farm-to-Combustion approach; Artificial neural networks and adaptive neuro-fuzzy inference system in energy modeling of agricultural products.

Accordingly, I recommend accepting it, with major revision.

Best Regards

Author Response

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Author Response File: Author Response.pdf

Round 2

Reviewer 4 Report

This version is good.