id	sid	tid	token	lemma	pos
fbem-6010	1	1	frontiers	frontier	NOUN
fbem-6010	1	2	in	in	ADP
fbem-6010	1	3	business	business	NOUN
fbem-6010	1	4	,	,	PUNCT
fbem-6010	1	5	economics	economic	NOUN
fbem-6010	1	6	and	and	CCONJ
fbem-6010	1	7	management	management	NOUN
fbem-6010	1	8	issn	issn	PROPN
fbem-6010	1	9	:	:	PUNCT
fbem-6010	1	10	2766	2766	NUM
fbem-6010	1	11	-	-	PUNCT
fbem-6010	1	12	824x	824x	NUM
fbem-6010	1	13	|	|	ADJ
fbem-6010	1	14	vol	vol	NOUN
fbem-6010	1	15	.	.	PROPN
fbem-6010	1	16	8	8	NUM
fbem-6010	1	17	,	,	PUNCT
fbem-6010	1	18	no	no	INTJ
fbem-6010	1	19	.	.	NOUN
fbem-6010	1	20	1	1	NUM
fbem-6010	1	21	,	,	PUNCT
fbem-6010	1	22	2023	2023	NUM
fbem-6010	1	23	115	115	NUM
fbem-6010	1	24	research	research	NOUN
fbem-6010	1	25	on	on	ADP
fbem-6010	1	26	the	the	DET
fbem-6010	1	27	impact	impact	NOUN
fbem-6010	1	28	of	of	ADP
fbem-6010	1	29	innovation	innovation	NOUN
fbem-6010	1	30	investment	investment	NOUN
fbem-6010	1	31	on	on	ADP
fbem-6010	1	32	the	the	DET
fbem-6010	1	33	enterprises	enterprise	NOUN
fbem-6010	1	34	value	value	NOUN
fbem-6010	1	35	of	of	ADP
fbem-6010	1	36	chinese	chinese	PROPN
fbem-6010	1	37	star	star	PROPN
fbem-6010	1	38	market	market	PROPN
fbem-6010	1	39	lingxiao	lingxiao	VERB
fbem-6010	1	40	zhou1	zhou1	PROPN
fbem-6010	1	41	,	,	PUNCT
fbem-6010	1	42	*	*	PUNCT
fbem-6010	2	1	1school	1school	NUM
fbem-6010	2	2	of	of	ADP
fbem-6010	2	3	management	management	NOUN
fbem-6010	2	4	,	,	PUNCT
fbem-6010	2	5	shanghai	shanghai	PROPN
fbem-6010	2	6	university	university	PROPN
fbem-6010	2	7	,	,	PUNCT
fbem-6010	2	8	shanghai	shanghai	PROPN
fbem-6010	2	9	,	,	PUNCT
fbem-6010	2	10	china	china	PROPN
fbem-6010	2	11	*	*	PUNCT
fbem-6010	2	12	corresponding	correspond	VERB
fbem-6010	2	13	author	author	NOUN
fbem-6010	2	14	:	:	PUNCT
fbem-6010	2	15	zhoulingxiao@outlook.com	zhoulingxiao@outlook.com	X
fbem-6010	3	1	abstract	abstract	NOUN
fbem-6010	3	2	:	:	PUNCT
fbem-6010	3	3	this	this	DET
fbem-6010	3	4	paper	paper	NOUN
fbem-6010	3	5	explores	explore	VERB
fbem-6010	3	6	the	the	DET
fbem-6010	3	7	relationship	relationship	NOUN
fbem-6010	3	8	between	between	ADP
fbem-6010	3	9	innovation	innovation	NOUN
fbem-6010	3	10	investment	investment	NOUN
fbem-6010	3	11	and	and	CCONJ
fbem-6010	3	12	enterprise	enterprise	NOUN
fbem-6010	3	13	value	value	NOUN
fbem-6010	3	14	of	of	ADP
fbem-6010	3	15	chinese	chinese	ADJ
fbem-6010	3	16	innovation	innovation	PROPN
fbem-6010	3	17	board	board	NOUN
fbem-6010	3	18	enterprises	enterprise	NOUN
fbem-6010	3	19	,	,	PUNCT
fbem-6010	3	20	as	as	ADV
fbem-6010	3	21	well	well	ADV
fbem-6010	3	22	as	as	ADP
fbem-6010	3	23	the	the	DET
fbem-6010	3	24	adjustment	adjustment	NOUN
fbem-6010	3	25	effect	effect	NOUN
fbem-6010	3	26	of	of	ADP
fbem-6010	3	27	different	different	ADJ
fbem-6010	3	28	equity	equity	NOUN
fbem-6010	3	29	incentive	incentive	NOUN
fbem-6010	3	30	intensity	intensity	NOUN
fbem-6010	3	31	and	and	CCONJ
fbem-6010	3	32	the	the	DET
fbem-6010	3	33	validity	validity	NOUN
fbem-6010	3	34	period	period	NOUN
fbem-6010	3	35	of	of	ADP
fbem-6010	3	36	equity	equity	NOUN
fbem-6010	3	37	incentive	incentive	NOUN
fbem-6010	3	38	.	.	PUNCT
fbem-6010	4	1	after	after	ADP
fbem-6010	4	2	theoretical	theoretical	ADJ
fbem-6010	4	3	and	and	CCONJ
fbem-6010	4	4	empirical	empirical	ADJ
fbem-6010	4	5	research	research	NOUN
fbem-6010	4	6	,	,	PUNCT
fbem-6010	4	7	there	there	PRON
fbem-6010	4	8	is	be	VERB
fbem-6010	4	9	a	a	DET
fbem-6010	4	10	significant	significant	ADJ
fbem-6010	4	11	relationship	relationship	NOUN
fbem-6010	4	12	between	between	ADP
fbem-6010	4	13	the	the	DET
fbem-6010	4	14	innovation	innovation	NOUN
fbem-6010	4	15	investment	investment	NOUN
fbem-6010	4	16	and	and	CCONJ
fbem-6010	4	17	the	the	DET
fbem-6010	4	18	enterprise	enterprise	NOUN
fbem-6010	4	19	value	value	NOUN
fbem-6010	4	20	of	of	ADP
fbem-6010	4	21	the	the	DET
fbem-6010	4	22	science	science	NOUN
fbem-6010	4	23	and	and	CCONJ
fbem-6010	4	24	technology	technology	NOUN
fbem-6010	4	25	innovation	innovation	NOUN
fbem-6010	4	26	board	board	NOUN
fbem-6010	4	27	enterprises	enterprise	NOUN
fbem-6010	4	28	,	,	PUNCT
fbem-6010	4	29	and	and	CCONJ
fbem-6010	4	30	the	the	DET
fbem-6010	4	31	equity	equity	NOUN
fbem-6010	4	32	incentive	incentive	NOUN
fbem-6010	4	33	also	also	ADV
fbem-6010	4	34	affects	affect	VERB
fbem-6010	4	35	this	this	DET
fbem-6010	4	36	relationship	relationship	NOUN
fbem-6010	4	37	to	to	ADP
fbem-6010	4	38	a	a	DET
fbem-6010	4	39	certain	certain	ADJ
fbem-6010	4	40	extent	extent	NOUN
fbem-6010	4	41	.	.	PUNCT
fbem-6010	5	1	in	in	ADP
fbem-6010	5	2	this	this	DET
fbem-6010	5	3	regard	regard	NOUN
fbem-6010	5	4	,	,	PUNCT
fbem-6010	5	5	this	this	DET
fbem-6010	5	6	paper	paper	NOUN
fbem-6010	5	7	puts	put	VERB
fbem-6010	5	8	forward	forward	ADV
fbem-6010	5	9	relevant	relevant	ADJ
fbem-6010	5	10	suggestions	suggestion	NOUN
fbem-6010	5	11	from	from	ADP
fbem-6010	5	12	different	different	ADJ
fbem-6010	5	13	angles	angle	NOUN
fbem-6010	5	14	,	,	PUNCT
fbem-6010	5	15	hoping	hope	VERB
fbem-6010	5	16	to	to	PART
fbem-6010	5	17	provide	provide	VERB
fbem-6010	5	18	help	help	NOUN
fbem-6010	5	19	to	to	ADP
fbem-6010	5	20	the	the	DET
fbem-6010	5	21	future	future	ADJ
fbem-6010	5	22	development	development	NOUN
fbem-6010	5	23	and	and	CCONJ
fbem-6010	5	24	value	value	NOUN
fbem-6010	5	25	enhancement	enhancement	NOUN
fbem-6010	5	26	of	of	ADP
fbem-6010	5	27	the	the	DET
fbem-6010	5	28	science	science	NOUN
fbem-6010	5	29	and	and	CCONJ
fbem-6010	5	30	technology	technology	NOUN
fbem-6010	5	31	innovation	innovation	NOUN
fbem-6010	5	32	board	board	NOUN
fbem-6010	5	33	enterprises	enterprise	NOUN
fbem-6010	5	34	.	.	PUNCT
fbem-6010	6	1	keywords	keyword	NOUN
fbem-6010	6	2	:	:	PUNCT
fbem-6010	6	3	innovation	innovation	NOUN
fbem-6010	6	4	investment	investment	NOUN
fbem-6010	6	5	,	,	PUNCT
fbem-6010	6	6	enterprise	enterprise	NOUN
fbem-6010	6	7	value	value	NOUN
fbem-6010	6	8	,	,	PUNCT
fbem-6010	6	9	star	star	NOUN
fbem-6010	6	10	market	market	NOUN
fbem-6010	6	11	enterprises	enterprise	NOUN
fbem-6010	6	12	,	,	PUNCT
fbem-6010	6	13	stock	stock	NOUN
fbem-6010	6	14	ownership	ownership	NOUN
fbem-6010	6	15	incentive	incentive	NOUN
fbem-6010	6	16	.	.	PUNCT
fbem-6010	7	1	1	1	X
fbem-6010	7	2	.	.	X
fbem-6010	7	3	introduction	introduction	NOUN
fbem-6010	7	4	at	at	ADP
fbem-6010	7	5	present	present	ADJ
fbem-6010	8	1	,	,	PUNCT
fbem-6010	8	2	china	china	PROPN
fbem-6010	8	3	's	's	PART
fbem-6010	8	4	economy	economy	NOUN
fbem-6010	8	5	is	be	AUX
fbem-6010	8	6	in	in	ADP
fbem-6010	8	7	the	the	DET
fbem-6010	8	8	transition	transition	NOUN
fbem-6010	8	9	period	period	NOUN
fbem-6010	8	10	of	of	ADP
fbem-6010	8	11	development	development	NOUN
fbem-6010	8	12	.	.	PUNCT
fbem-6010	9	1	in	in	ADP
fbem-6010	9	2	order	order	NOUN
fbem-6010	9	3	to	to	PART
fbem-6010	9	4	deepen	deepen	VERB
fbem-6010	9	5	the	the	DET
fbem-6010	9	6	basic	basic	ADJ
fbem-6010	9	7	institutional	institutional	ADJ
fbem-6010	9	8	arrangements	arrangement	NOUN
fbem-6010	9	9	for	for	ADP
fbem-6010	9	10	the	the	DET
fbem-6010	9	11	reform	reform	NOUN
fbem-6010	9	12	and	and	CCONJ
fbem-6010	9	13	opening	opening	NOUN
fbem-6010	9	14	up	up	ADP
fbem-6010	9	15	of	of	ADP
fbem-6010	9	16	the	the	DET
fbem-6010	9	17	capital	capital	NOUN
fbem-6010	9	18	market	market	NOUN
fbem-6010	9	19	and	and	CCONJ
fbem-6010	9	20	lead	lead	VERB
fbem-6010	9	21	the	the	DET
fbem-6010	9	22	transformation	transformation	NOUN
fbem-6010	9	23	of	of	ADP
fbem-6010	9	24	economic	economic	ADJ
fbem-6010	9	25	development	development	NOUN
fbem-6010	9	26	to	to	ADP
fbem-6010	9	27	innovation	innovation	NOUN
fbem-6010	9	28	-	-	PUNCT
fbem-6010	9	29	driven	drive	VERB
fbem-6010	9	30	development	development	NOUN
fbem-6010	9	31	,	,	PUNCT
fbem-6010	9	32	the	the	DET
fbem-6010	9	33	science	science	NOUN
fbem-6010	9	34	and	and	CCONJ
fbem-6010	9	35	technology	technology	NOUN
fbem-6010	9	36	innovation	innovation	NOUN
fbem-6010	9	37	board	board	NOUN
fbem-6010	9	38	officially	officially	ADV
fbem-6010	9	39	opened	open	VERB
fbem-6010	9	40	on	on	ADP
fbem-6010	9	41	july	july	PROPN
fbem-6010	9	42	22,2019	22,2019	NUM
fbem-6010	9	43	,	,	PUNCT
fbem-6010	9	44	and	and	CCONJ
fbem-6010	9	45	the	the	DET
fbem-6010	9	46	registration	registration	NOUN
fbem-6010	9	47	system	system	NOUN
fbem-6010	9	48	was	be	AUX
fbem-6010	9	49	piloted	pilot	VERB
fbem-6010	9	50	.	.	PUNCT
fbem-6010	10	1	in	in	ADP
fbem-6010	10	2	this	this	DET
fbem-6010	10	3	context	context	NOUN
fbem-6010	10	4	,	,	PUNCT
fbem-6010	10	5	technological	technological	ADJ
fbem-6010	10	6	progress	progress	NOUN
fbem-6010	10	7	and	and	CCONJ
fbem-6010	10	8	innovation	innovation	NOUN
fbem-6010	10	9	and	and	CCONJ
fbem-6010	10	10	creation	creation	NOUN
fbem-6010	10	11	drive	drive	NOUN
fbem-6010	10	12	enterprise	enterprise	NOUN
fbem-6010	10	13	development	development	NOUN
fbem-6010	10	14	and	and	CCONJ
fbem-6010	10	15	become	become	VERB
fbem-6010	10	16	the	the	DET
fbem-6010	10	17	source	source	NOUN
fbem-6010	10	18	of	of	ADP
fbem-6010	10	19	competitiveness	competitiveness	NOUN
fbem-6010	10	20	of	of	ADP
fbem-6010	10	21	enterprises	enterprise	NOUN
fbem-6010	10	22	.	.	PUNCT
fbem-6010	11	1	how	how	SCONJ
fbem-6010	11	2	much	much	ADJ
fbem-6010	11	3	revenue	revenue	NOUN
fbem-6010	11	4	innovation	innovation	NOUN
fbem-6010	11	5	investment	investment	NOUN
fbem-6010	11	6	can	can	AUX
fbem-6010	11	7	bring	bring	VERB
fbem-6010	11	8	to	to	ADP
fbem-6010	11	9	the	the	DET
fbem-6010	11	10	development	development	NOUN
fbem-6010	11	11	of	of	ADP
fbem-6010	11	12	enterprises	enterprise	NOUN
fbem-6010	11	13	,	,	PUNCT
fbem-6010	11	14	and	and	CCONJ
fbem-6010	11	15	how	how	SCONJ
fbem-6010	11	16	research	research	NOUN
fbem-6010	11	17	and	and	CCONJ
fbem-6010	11	18	development	development	NOUN
fbem-6010	11	19	activities	activity	NOUN
fbem-6010	11	20	affect	affect	VERB
fbem-6010	11	21	the	the	DET
fbem-6010	11	22	value	value	NOUN
fbem-6010	11	23	of	of	ADP
fbem-6010	11	24	enterprises	enterprise	NOUN
fbem-6010	11	25	,	,	PUNCT
fbem-6010	11	26	have	have	AUX
fbem-6010	11	27	also	also	ADV
fbem-6010	11	28	become	become	VERB
fbem-6010	11	29	hot	hot	ADJ
fbem-6010	11	30	topics	topic	NOUN
fbem-6010	11	31	.	.	PUNCT
fbem-6010	12	1	at	at	ADP
fbem-6010	12	2	the	the	DET
fbem-6010	12	3	same	same	ADJ
fbem-6010	12	4	time	time	NOUN
fbem-6010	12	5	,	,	PUNCT
fbem-6010	12	6	in	in	ADP
fbem-6010	12	7	order	order	NOUN
fbem-6010	12	8	to	to	PART
fbem-6010	12	9	promote	promote	VERB
fbem-6010	12	10	the	the	DET
fbem-6010	12	11	development	development	NOUN
fbem-6010	12	12	of	of	ADP
fbem-6010	12	13	enterprise	enterprise	NOUN
fbem-6010	12	14	innovation	innovation	NOUN
fbem-6010	12	15	,	,	PUNCT
fbem-6010	12	16	star	star	NOUN
fbem-6010	12	17	board	board	PROPN
fbem-6010	12	18	for	for	ADP
fbem-6010	12	19	a	a	DET
fbem-6010	12	20	number	number	NOUN
fbem-6010	12	21	of	of	ADP
fbem-6010	12	22	system	system	NOUN
fbem-6010	12	23	innovation	innovation	NOUN
fbem-6010	12	24	,	,	PUNCT
fbem-6010	12	25	including	include	VERB
fbem-6010	12	26	equity	equity	NOUN
fbem-6010	12	27	incentive	incentive	NOUN
fbem-6010	12	28	system	system	NOUN
fbem-6010	12	29	,	,	PUNCT
fbem-6010	12	30	and	and	CCONJ
fbem-6010	12	31	equity	equity	NOUN
fbem-6010	12	32	incentive	incentive	NOUN
fbem-6010	12	33	compared	compare	VERB
fbem-6010	12	34	with	with	ADP
fbem-6010	12	35	other	other	ADJ
fbem-6010	12	36	incentive	incentive	NOUN
fbem-6010	12	37	mechanism	mechanism	NOUN
fbem-6010	12	38	not	not	PART
fbem-6010	12	39	only	only	ADJ
fbem-6010	12	40	period	period	NOUN
fbem-6010	12	41	is	be	AUX
fbem-6010	12	42	longer	long	ADV
fbem-6010	12	43	,	,	PUNCT
fbem-6010	12	44	also	also	ADV
fbem-6010	12	45	can	can	AUX
fbem-6010	12	46	make	make	VERB
fbem-6010	12	47	the	the	DET
fbem-6010	12	48	incentive	incentive	NOUN
fbem-6010	12	49	object	object	NOUN
fbem-6010	12	50	share	share	NOUN
fbem-6010	12	51	enterprise	enterprise	NOUN
fbem-6010	12	52	surplus	surplus	NOUN
fbem-6010	12	53	value	value	NOUN
fbem-6010	12	54	,	,	PUNCT
fbem-6010	12	55	can	can	AUX
fbem-6010	12	56	affect	affect	VERB
fbem-6010	12	57	the	the	DET
fbem-6010	12	58	enthusiasm	enthusiasm	NOUN
fbem-6010	12	59	of	of	ADP
fbem-6010	12	60	the	the	DET
fbem-6010	12	61	incentive	incentive	NOUN
fbem-6010	12	62	object	object	NOUN
fbem-6010	12	63	innovation	innovation	NOUN
fbem-6010	12	64	,	,	PUNCT
fbem-6010	12	65	thus	thus	ADV
fbem-6010	12	66	affect	affect	VERB
fbem-6010	12	67	the	the	DET
fbem-6010	12	68	enterprise	enterprise	NOUN
fbem-6010	12	69	value	value	NOUN
fbem-6010	12	70	.	.	PUNCT
fbem-6010	13	1	based	base	VERB
fbem-6010	13	2	on	on	ADP
fbem-6010	13	3	this	this	PRON
fbem-6010	13	4	,	,	PUNCT
fbem-6010	13	5	this	this	DET
fbem-6010	13	6	paper	paper	NOUN
fbem-6010	13	7	explores	explore	VERB
fbem-6010	13	8	the	the	DET
fbem-6010	13	9	relationship	relationship	NOUN
fbem-6010	13	10	between	between	ADP
fbem-6010	13	11	the	the	DET
fbem-6010	13	12	innovation	innovation	NOUN
fbem-6010	13	13	investment	investment	NOUN
fbem-6010	13	14	of	of	ADP
fbem-6010	13	15	the	the	DET
fbem-6010	13	16	science	science	NOUN
fbem-6010	13	17	and	and	CCONJ
fbem-6010	13	18	technology	technology	NOUN
fbem-6010	13	19	innovation	innovation	NOUN
fbem-6010	13	20	board	board	NOUN
fbem-6010	13	21	enterprises	enterprise	NOUN
fbem-6010	13	22	and	and	CCONJ
fbem-6010	13	23	its	its	PRON
fbem-6010	13	24	enterprise	enterprise	NOUN
fbem-6010	13	25	value	value	NOUN
fbem-6010	13	26	,	,	PUNCT
fbem-6010	13	27	as	as	ADV
fbem-6010	13	28	well	well	ADV
fbem-6010	13	29	as	as	ADP
fbem-6010	13	30	the	the	DET
fbem-6010	13	31	adjustment	adjustment	NOUN
fbem-6010	13	32	effect	effect	NOUN
fbem-6010	13	33	of	of	ADP
fbem-6010	13	34	different	different	ADJ
fbem-6010	13	35	equity	equity	NOUN
fbem-6010	13	36	incentive	incentive	NOUN
fbem-6010	13	37	intensity	intensity	NOUN
fbem-6010	13	38	and	and	CCONJ
fbem-6010	13	39	the	the	DET
fbem-6010	13	40	validity	validity	NOUN
fbem-6010	13	41	period	period	NOUN
fbem-6010	13	42	of	of	ADP
fbem-6010	13	43	equity	equity	NOUN
fbem-6010	13	44	incentive	incentive	NOUN
fbem-6010	13	45	.	.	PUNCT
fbem-6010	14	1	through	through	ADP
fbem-6010	14	2	theoretical	theoretical	ADJ
fbem-6010	14	3	and	and	CCONJ
fbem-6010	14	4	empirical	empirical	ADJ
fbem-6010	14	5	research	research	NOUN
fbem-6010	14	6	,	,	PUNCT
fbem-6010	14	7	there	there	PRON
fbem-6010	14	8	is	be	VERB
fbem-6010	14	9	a	a	DET
fbem-6010	14	10	significant	significant	ADJ
fbem-6010	14	11	relationship	relationship	NOUN
fbem-6010	14	12	between	between	ADP
fbem-6010	14	13	the	the	DET
fbem-6010	14	14	innovation	innovation	NOUN
fbem-6010	14	15	investment	investment	NOUN
fbem-6010	14	16	and	and	CCONJ
fbem-6010	14	17	the	the	DET
fbem-6010	14	18	enterprise	enterprise	NOUN
fbem-6010	14	19	value	value	NOUN
fbem-6010	14	20	of	of	ADP
fbem-6010	14	21	the	the	DET
fbem-6010	14	22	science	science	NOUN
fbem-6010	14	23	and	and	CCONJ
fbem-6010	14	24	technology	technology	NOUN
fbem-6010	14	25	innovation	innovation	NOUN
fbem-6010	14	26	board	board	NOUN
fbem-6010	14	27	enterprises	enterprise	NOUN
fbem-6010	14	28	,	,	PUNCT
fbem-6010	14	29	and	and	CCONJ
fbem-6010	14	30	the	the	DET
fbem-6010	14	31	equity	equity	NOUN
fbem-6010	14	32	incentive	incentive	NOUN
fbem-6010	14	33	also	also	ADV
fbem-6010	14	34	affects	affect	VERB
fbem-6010	14	35	this	this	DET
fbem-6010	14	36	relationship	relationship	NOUN
fbem-6010	14	37	to	to	ADP
fbem-6010	14	38	a	a	DET
fbem-6010	14	39	certain	certain	ADJ
fbem-6010	14	40	extent	extent	NOUN
fbem-6010	14	41	.	.	PUNCT
fbem-6010	15	1	in	in	ADP
fbem-6010	15	2	this	this	DET
fbem-6010	15	3	regard	regard	NOUN
fbem-6010	15	4	,	,	PUNCT
fbem-6010	15	5	this	this	DET
fbem-6010	15	6	paper	paper	NOUN
fbem-6010	15	7	puts	put	VERB
fbem-6010	15	8	forward	forward	ADV
fbem-6010	15	9	relevant	relevant	ADJ
fbem-6010	15	10	suggestions	suggestion	NOUN
fbem-6010	15	11	from	from	ADP
fbem-6010	15	12	different	different	ADJ
fbem-6010	15	13	angles	angle	NOUN
fbem-6010	15	14	,	,	PUNCT
fbem-6010	15	15	hoping	hope	VERB
fbem-6010	15	16	to	to	PART
fbem-6010	15	17	provide	provide	VERB
fbem-6010	15	18	help	help	NOUN
fbem-6010	15	19	to	to	ADP
fbem-6010	15	20	the	the	DET
fbem-6010	15	21	future	future	ADJ
fbem-6010	15	22	development	development	NOUN
fbem-6010	15	23	and	and	CCONJ
fbem-6010	15	24	value	value	NOUN
fbem-6010	15	25	enhancement	enhancement	NOUN
fbem-6010	15	26	of	of	ADP
fbem-6010	15	27	the	the	DET
fbem-6010	15	28	science	science	NOUN
fbem-6010	15	29	and	and	CCONJ
fbem-6010	15	30	technology	technology	NOUN
fbem-6010	15	31	innovation	innovation	NOUN
fbem-6010	15	32	board	board	NOUN
fbem-6010	15	33	enterprises	enterprise	NOUN
fbem-6010	15	34	.	.	PUNCT
fbem-6010	16	1	2	2	X
fbem-6010	16	2	.	.	X
fbem-6010	16	3	research	research	NOUN
fbem-6010	16	4	hypothesis	hypothesis	NOUN
fbem-6010	16	5	2.1	2.1	NUM
fbem-6010	16	6	.	.	PUNCT
fbem-6010	17	1	the	the	DET
fbem-6010	17	2	impact	impact	NOUN
fbem-6010	17	3	of	of	ADP
fbem-6010	17	4	innovation	innovation	NOUN
fbem-6010	17	5	investment	investment	NOUN
fbem-6010	17	6	on	on	ADP
fbem-6010	17	7	the	the	DET
fbem-6010	17	8	enterprise	enterprise	NOUN
fbem-6010	17	9	value	value	NOUN
fbem-6010	17	10	of	of	ADP
fbem-6010	17	11	the	the	DET
fbem-6010	17	12	star	star	NOUN
fbem-6010	17	13	market	market	PROPN
fbem-6010	17	14	2.1.1	2.1.1	NUM
fbem-6010	17	15	.	.	PUNCT
fbem-6010	18	1	the	the	DET
fbem-6010	18	2	impact	impact	NOUN
fbem-6010	18	3	of	of	ADP
fbem-6010	18	4	r&d	r&d	NOUN
fbem-6010	18	5	capital	capital	NOUN
fbem-6010	18	6	investment	investment	NOUN
fbem-6010	18	7	science	science	NOUN
fbem-6010	18	8	and	and	CCONJ
fbem-6010	18	9	technology	technology	NOUN
fbem-6010	18	10	is	be	AUX
fbem-6010	18	11	the	the	DET
fbem-6010	18	12	primary	primary	ADJ
fbem-6010	18	13	productive	productive	ADJ
fbem-6010	18	14	force	force	NOUN
fbem-6010	18	15	,	,	PUNCT
fbem-6010	18	16	and	and	CCONJ
fbem-6010	18	17	promoting	promote	VERB
fbem-6010	18	18	production	production	NOUN
fbem-6010	18	19	progress	progress	NOUN
fbem-6010	18	20	by	by	ADP
fbem-6010	18	21	strengthening	strengthen	VERB
fbem-6010	18	22	investment	investment	NOUN
fbem-6010	18	23	in	in	ADP
fbem-6010	18	24	scientific	scientific	ADJ
fbem-6010	18	25	and	and	CCONJ
fbem-6010	18	26	technological	technological	ADJ
fbem-6010	18	27	innovation	innovation	NOUN
fbem-6010	18	28	and	and	CCONJ
fbem-6010	18	29	research	research	NOUN
fbem-6010	18	30	is	be	AUX
fbem-6010	18	31	conducive	conducive	ADJ
fbem-6010	18	32	to	to	ADP
fbem-6010	18	33	economic	economic	ADJ
fbem-6010	18	34	and	and	CCONJ
fbem-6010	18	35	social	social	ADJ
fbem-6010	18	36	development	development	NOUN
fbem-6010	18	37	.	.	PUNCT
fbem-6010	19	1	at	at	ADP
fbem-6010	19	2	the	the	DET
fbem-6010	19	3	same	same	ADJ
fbem-6010	19	4	time	time	NOUN
fbem-6010	19	5	,	,	PUNCT
fbem-6010	19	6	scientific	scientific	ADJ
fbem-6010	19	7	and	and	CCONJ
fbem-6010	19	8	technological	technological	ADJ
fbem-6010	19	9	innovation	innovation	NOUN
fbem-6010	19	10	is	be	AUX
fbem-6010	19	11	an	an	DET
fbem-6010	19	12	important	important	ADJ
fbem-6010	19	13	supporting	support	VERB
fbem-6010	19	14	force	force	NOUN
fbem-6010	19	15	for	for	ADP
fbem-6010	19	16	the	the	DET
fbem-6010	19	17	two	two	NUM
fbem-6010	19	18	centenary	centenary	ADJ
fbem-6010	19	19	goals	goal	NOUN
fbem-6010	19	20	.	.	PUNCT
fbem-6010	20	1	the	the	DET
fbem-6010	20	2	severe	severe	ADJ
fbem-6010	20	3	international	international	ADJ
fbem-6010	20	4	competition	competition	NOUN
fbem-6010	20	5	situation	situation	NOUN
fbem-6010	20	6	requires	require	VERB
fbem-6010	20	7	scientific	scientific	ADJ
fbem-6010	20	8	and	and	CCONJ
fbem-6010	20	9	technological	technological	ADJ
fbem-6010	20	10	innovation	innovation	NOUN
fbem-6010	20	11	to	to	PART
fbem-6010	20	12	play	play	VERB
fbem-6010	20	13	a	a	DET
fbem-6010	20	14	pillar	pillar	ADJ
fbem-6010	20	15	role	role	NOUN
fbem-6010	20	16	.	.	PUNCT
fbem-6010	21	1	the	the	DET
fbem-6010	21	2	united	united	PROPN
fbem-6010	21	3	states	states	PROPN
fbem-6010	21	4	has	have	AUX
fbem-6010	21	5	always	always	ADV
fbem-6010	21	6	been	be	AUX
fbem-6010	21	7	a	a	DET
fbem-6010	21	8	leader	leader	NOUN
fbem-6010	21	9	in	in	ADP
fbem-6010	21	10	innovative	innovative	ADJ
fbem-6010	21	11	r	r	NOUN
fbem-6010	21	12	&	&	CCONJ
fbem-6010	21	13	d	d	NOUN
fbem-6010	21	14	investment	investment	NOUN
fbem-6010	21	15	,	,	PUNCT
fbem-6010	21	16	but	but	CCONJ
fbem-6010	21	17	china	china	PROPN
fbem-6010	21	18	's	's	PART
fbem-6010	21	19	total	total	ADJ
fbem-6010	21	20	r	r	NOUN
fbem-6010	21	21	&	&	CCONJ
fbem-6010	21	22	d	d	PROPN
fbem-6010	21	23	investment	investment	NOUN
fbem-6010	21	24	is	be	AUX
fbem-6010	21	25	gradually	gradually	ADV
fbem-6010	21	26	increasing	increase	VERB
fbem-6010	21	27	.	.	PUNCT
fbem-6010	22	1	according	accord	VERB
fbem-6010	22	2	to	to	ADP
fbem-6010	22	3	china	china	PROPN
fbem-6010	22	4	's	's	PART
fbem-6010	22	5	r	r	PROPN
fbem-6010	22	6	&	&	CCONJ
fbem-6010	22	7	d	d	PROPN
fbem-6010	22	8	fund	fund	NOUN
fbem-6010	22	9	report	report	NOUN
fbem-6010	22	10	(	(	PUNCT
fbem-6010	22	11	2020	2020	NUM
fbem-6010	22	12	)	)	PUNCT
fbem-6010	22	13	,	,	PUNCT
fbem-6010	22	14	china	china	PROPN
fbem-6010	22	15	's	's	PART
fbem-6010	22	16	r	r	PROPN
fbem-6010	22	17	&	&	CCONJ
fbem-6010	22	18	d	d	PROPN
fbem-6010	22	19	expenditure	expenditure	NOUN
fbem-6010	22	20	currently	currently	ADV
fbem-6010	22	21	ranks	rank	VERB
fbem-6010	22	22	second	second	ADV
fbem-6010	22	23	in	in	ADP
fbem-6010	22	24	the	the	DET
fbem-6010	22	25	world	world	NOUN
fbem-6010	22	26	,	,	PUNCT
fbem-6010	22	27	second	second	ADJ
fbem-6010	22	28	only	only	ADV
fbem-6010	22	29	to	to	ADP
fbem-6010	22	30	the	the	DET
fbem-6010	22	31	united	united	PROPN
fbem-6010	22	32	states	states	PROPN
fbem-6010	22	33	,	,	PUNCT
fbem-6010	22	34	and	and	CCONJ
fbem-6010	22	35	the	the	DET
fbem-6010	22	36	total	total	ADJ
fbem-6010	22	37	gap	gap	NOUN
fbem-6010	22	38	between	between	ADP
fbem-6010	22	39	the	the	DET
fbem-6010	22	40	two	two	NUM
fbem-6010	22	41	sides	side	NOUN
fbem-6010	22	42	is	be	AUX
fbem-6010	22	43	gradually	gradually	ADV
fbem-6010	22	44	narrowing	narrow	VERB
fbem-6010	22	45	.	.	PUNCT
fbem-6010	23	1	china	china	PROPN
fbem-6010	23	2	and	and	CCONJ
fbem-6010	23	3	the	the	DET
fbem-6010	23	4	united	united	PROPN
fbem-6010	23	5	states	states	PROPN
fbem-6010	23	6	are	be	AUX
fbem-6010	23	7	the	the	DET
fbem-6010	23	8	only	only	ADJ
fbem-6010	23	9	countries	country	NOUN
fbem-6010	23	10	in	in	ADP
fbem-6010	23	11	the	the	DET
fbem-6010	23	12	world	world	NOUN
fbem-6010	23	13	with	with	ADP
fbem-6010	23	14	more	more	ADJ
fbem-6010	23	15	than	than	ADP
fbem-6010	23	16	300	300	NUM
fbem-6010	23	17	billion	billion	NUM
fbem-6010	23	18	us	us	PROPN
fbem-6010	23	19	dollars	dollar	NOUN
fbem-6010	23	20	in	in	ADP
fbem-6010	23	21	r	r	NOUN
fbem-6010	23	22	&	&	CCONJ
fbem-6010	23	23	d	d	NOUN
fbem-6010	23	24	expenditure	expenditure	NOUN
fbem-6010	23	25	,	,	PUNCT
fbem-6010	23	26	and	and	CCONJ
fbem-6010	23	27	the	the	DET
fbem-6010	23	28	total	total	ADJ
fbem-6010	23	29	r	r	NOUN
fbem-6010	23	30	&	&	CCONJ
fbem-6010	23	31	d	d	NOUN
fbem-6010	23	32	investment	investment	NOUN
fbem-6010	23	33	of	of	ADP
fbem-6010	23	34	the	the	DET
fbem-6010	23	35	united	united	PROPN
fbem-6010	23	36	states	states	PROPN
fbem-6010	23	37	is	be	AUX
fbem-6010	23	38	more	more	ADJ
fbem-6010	23	39	than	than	ADP
fbem-6010	23	40	half	half	NOUN
fbem-6010	23	41	of	of	ADP
fbem-6010	23	42	the	the	DET
fbem-6010	23	43	global	global	ADJ
fbem-6010	23	44	r	r	PROPN
fbem-6010	23	45	&	&	CCONJ
fbem-6010	23	46	d	d	PROPN
fbem-6010	23	47	investment	investment	NOUN
fbem-6010	23	48	.	.	PUNCT
fbem-6010	24	1	china	china	PROPN
fbem-6010	24	2	is	be	AUX
fbem-6010	24	3	paying	pay	VERB
fbem-6010	24	4	more	more	ADJ
fbem-6010	24	5	and	and	CCONJ
fbem-6010	24	6	more	more	ADJ
fbem-6010	24	7	attention	attention	NOUN
fbem-6010	24	8	to	to	ADP
fbem-6010	24	9	the	the	DET
fbem-6010	24	10	investment	investment	NOUN
fbem-6010	24	11	in	in	ADP
fbem-6010	24	12	innovation	innovation	NOUN
fbem-6010	24	13	,	,	PUNCT
fbem-6010	24	14	research	research	NOUN
fbem-6010	24	15	and	and	CCONJ
fbem-6010	24	16	development	development	NOUN
fbem-6010	24	17	,	,	PUNCT
fbem-6010	24	18	and	and	CCONJ
fbem-6010	24	19	gradually	gradually	ADV
fbem-6010	24	20	forming	form	VERB
fbem-6010	24	21	a	a	DET
fbem-6010	24	22	sound	sound	ADJ
fbem-6010	24	23	development	development	NOUN
fbem-6010	24	24	situation	situation	NOUN
fbem-6010	24	25	driven	drive	VERB
fbem-6010	24	26	by	by	ADP
fbem-6010	24	27	scientific	scientific	ADJ
fbem-6010	24	28	and	and	CCONJ
fbem-6010	24	29	technological	technological	ADJ
fbem-6010	24	30	innovation	innovation	NOUN
fbem-6010	24	31	.	.	PUNCT
fbem-6010	25	1	as	as	ADP
fbem-6010	25	2	the	the	DET
fbem-6010	25	3	cornerstone	cornerstone	NOUN
fbem-6010	25	4	of	of	ADP
fbem-6010	25	5	the	the	DET
fbem-6010	25	6	innovation	innovation	NOUN
fbem-6010	25	7	activities	activity	NOUN
fbem-6010	25	8	of	of	ADP
fbem-6010	25	9	science	science	NOUN
fbem-6010	25	10	and	and	CCONJ
fbem-6010	25	11	innovation	innovation	NOUN
fbem-6010	25	12	enterprises	enterprise	NOUN
fbem-6010	25	13	,	,	PUNCT
fbem-6010	25	14	the	the	DET
fbem-6010	25	15	role	role	NOUN
fbem-6010	25	16	of	of	ADP
fbem-6010	25	17	enterprises	enterprise	NOUN
fbem-6010	25	18	and	and	CCONJ
fbem-6010	25	19	even	even	ADV
fbem-6010	25	20	the	the	DET
fbem-6010	25	21	country	country	NOUN
fbem-6010	25	22	is	be	AUX
fbem-6010	25	23	of	of	ADP
fbem-6010	25	24	great	great	ADJ
fbem-6010	25	25	significance	significance	NOUN
fbem-6010	25	26	to	to	ADP
fbem-6010	25	27	consolidating	consolidate	VERB
fbem-6010	25	28	the	the	DET
fbem-6010	25	29	foundation	foundation	NOUN
fbem-6010	25	30	of	of	ADP
fbem-6010	25	31	building	build	VERB
fbem-6010	25	32	a	a	DET
fbem-6010	25	33	world	world	NOUN
fbem-6010	25	34	science	science	NOUN
fbem-6010	25	35	and	and	CCONJ
fbem-6010	25	36	technology	technology	NOUN
fbem-6010	25	37	power	power	NOUN
fbem-6010	25	38	and	and	CCONJ
fbem-6010	25	39	comprehensively	comprehensively	ADV
fbem-6010	25	40	promoting	promote	VERB
fbem-6010	25	41	the	the	DET
fbem-6010	25	42	construction	construction	NOUN
fbem-6010	25	43	of	of	ADP
fbem-6010	25	44	national	national	ADJ
fbem-6010	25	45	science	science	NOUN
fbem-6010	25	46	and	and	CCONJ
fbem-6010	25	47	technology	technology	NOUN
fbem-6010	25	48	innovation	innovation	NOUN
fbem-6010	25	49	system	system	NOUN
fbem-6010	25	50	.	.	PUNCT
fbem-6010	26	1	government	government	NOUN
fbem-6010	26	2	increasing	increase	VERB
fbem-6010	26	3	innovation	innovation	NOUN
fbem-6010	26	4	incentive	incentive	NOUN
fbem-6010	26	5	policy	policy	NOUN
fbem-6010	26	6	,	,	PUNCT
fbem-6010	26	7	the	the	DET
fbem-6010	26	8	investment	investment	NOUN
fbem-6010	26	9	in	in	ADP
fbem-6010	26	10	science	science	NOUN
fbem-6010	26	11	and	and	CCONJ
fbem-6010	26	12	technology	technology	NOUN
fbem-6010	26	13	as	as	ADP
fbem-6010	26	14	a	a	DET
fbem-6010	26	15	strategic	strategic	ADJ
fbem-6010	26	16	investment	investment	NOUN
fbem-6010	26	17	to	to	ADP
fbem-6010	26	18	innovation	innovation	NOUN
fbem-6010	26	19	enterprises	enterprise	NOUN
fbem-6010	26	20	to	to	PART
fbem-6010	26	21	subsidize	subsidize	VERB
fbem-6010	26	22	innovation	innovation	NOUN
fbem-6010	26	23	in	in	ADP
fbem-6010	26	24	the	the	DET
fbem-6010	26	25	society	society	NOUN
fbem-6010	26	26	,	,	PUNCT
fbem-6010	26	27	zhongguancun	zhongguancun	PROPN
fbem-6010	26	28	is	be	AUX
fbem-6010	26	29	foster	foster	ADJ
fbem-6010	26	30	a	a	DET
fbem-6010	26	31	large	large	ADJ
fbem-6010	26	32	number	number	NOUN
fbem-6010	26	33	of	of	ADP
fbem-6010	26	34	innovative	innovative	ADJ
fbem-6010	26	35	enterprises	enterprise	NOUN
fbem-6010	26	36	,	,	PUNCT
fbem-6010	26	37	under	under	ADP
fbem-6010	26	38	the	the	DET
fbem-6010	26	39	background	background	NOUN
fbem-6010	26	40	of	of	ADP
fbem-6010	26	41	market	market	NOUN
fbem-6010	26	42	economy	economy	NOUN
fbem-6010	26	43	environment	environment	NOUN
fbem-6010	26	44	,	,	PUNCT
fbem-6010	26	45	innovation	innovation	NOUN
fbem-6010	26	46	become	become	VERB
fbem-6010	26	47	the	the	DET
fbem-6010	26	48	survival	survival	NOUN
fbem-6010	26	49	of	of	ADP
fbem-6010	26	50	sustainable	sustainable	ADJ
fbem-6010	26	51	development	development	NOUN
fbem-6010	26	52	,	,	PUNCT
fbem-6010	26	53	increase	increase	VERB
fbem-6010	26	54	investment	investment	NOUN
fbem-6010	26	55	in	in	ADP
fbem-6010	26	56	innovation	innovation	NOUN
fbem-6010	26	57	research	research	NOUN
fbem-6010	26	58	and	and	CCONJ
fbem-6010	26	59	development	development	NOUN
fbem-6010	26	60	is	be	AUX
fbem-6010	26	61	the	the	DET
fbem-6010	26	62	key	key	NOUN
fbem-6010	26	63	to	to	ADP
fbem-6010	26	64	the	the	DET
fbem-6010	26	65	beginning	beginning	NOUN
fbem-6010	26	66	.	.	PUNCT
fbem-6010	27	1	enterprises	enterprise	NOUN
fbem-6010	27	2	'	'	PART
fbem-6010	27	3	increasing	increase	VERB
fbem-6010	27	4	investment	investment	NOUN
fbem-6010	27	5	in	in	ADP
fbem-6010	27	6	innovation	innovation	NOUN
fbem-6010	27	7	and	and	CCONJ
fbem-6010	27	8	research	research	NOUN
fbem-6010	27	9	and	and	CCONJ
fbem-6010	27	10	116	116	NUM
fbem-6010	27	11	development	development	NOUN
fbem-6010	27	12	can	can	AUX
fbem-6010	27	13	not	not	PART
fbem-6010	27	14	only	only	ADV
fbem-6010	27	15	form	form	VERB
fbem-6010	27	16	tangible	tangible	ADJ
fbem-6010	27	17	or	or	CCONJ
fbem-6010	27	18	intangible	intangible	ADJ
fbem-6010	27	19	resources	resource	NOUN
fbem-6010	27	20	with	with	ADP
fbem-6010	27	21	competitive	competitive	ADJ
fbem-6010	27	22	advantages	advantage	NOUN
fbem-6010	27	23	,	,	PUNCT
fbem-6010	27	24	not	not	PART
fbem-6010	27	25	only	only	ADV
fbem-6010	27	26	bring	bring	VERB
fbem-6010	27	27	advantages	advantage	NOUN
fbem-6010	27	28	to	to	ADP
fbem-6010	27	29	enterprises	enterprise	NOUN
fbem-6010	27	30	themselves	themselves	PRON
fbem-6010	27	31	,	,	PUNCT
fbem-6010	27	32	but	but	CCONJ
fbem-6010	27	33	also	also	ADV
fbem-6010	27	34	provide	provide	VERB
fbem-6010	27	35	reference	reference	NOUN
fbem-6010	27	36	experience	experience	NOUN
fbem-6010	27	37	for	for	ADP
fbem-6010	27	38	other	other	ADJ
fbem-6010	27	39	enterprises	enterprise	NOUN
fbem-6010	27	40	to	to	PART
fbem-6010	27	41	make	make	VERB
fbem-6010	27	42	social	social	ADJ
fbem-6010	27	43	progress	progress	NOUN
fbem-6010	27	44	together	together	ADV
fbem-6010	27	45	.	.	PUNCT
fbem-6010	28	1	the	the	DET
fbem-6010	28	2	return	return	NOUN
fbem-6010	28	3	of	of	ADP
fbem-6010	28	4	enterprise	enterprise	NOUN
fbem-6010	28	5	innovation	innovation	NOUN
fbem-6010	28	6	investment	investment	NOUN
fbem-6010	28	7	can	can	AUX
fbem-6010	28	8	be	be	AUX
fbem-6010	28	9	divided	divide	VERB
fbem-6010	28	10	into	into	ADP
fbem-6010	28	11	the	the	DET
fbem-6010	28	12	following	follow	VERB
fbem-6010	28	13	three	three	NUM
fbem-6010	28	14	aspects	aspect	NOUN
fbem-6010	28	15	:	:	PUNCT
fbem-6010	28	16	first	first	ADV
fbem-6010	28	17	,	,	PUNCT
fbem-6010	28	18	enterprises	enterprise	NOUN
fbem-6010	28	19	can	can	AUX
fbem-6010	28	20	carry	carry	VERB
fbem-6010	28	21	out	out	ADP
fbem-6010	28	22	innovation	innovation	NOUN
fbem-6010	28	23	activities	activity	NOUN
fbem-6010	28	24	through	through	ADP
fbem-6010	28	25	innovation	innovation	NOUN
fbem-6010	28	26	investment	investment	NOUN
fbem-6010	28	27	and	and	CCONJ
fbem-6010	28	28	develop	develop	VERB
fbem-6010	28	29	new	new	ADJ
fbem-6010	28	30	production	production	NOUN
fbem-6010	28	31	technologies	technology	NOUN
fbem-6010	28	32	and	and	CCONJ
fbem-6010	28	33	production	production	NOUN
fbem-6010	28	34	methods	method	NOUN
fbem-6010	28	35	that	that	PRON
fbem-6010	28	36	not	not	PART
fbem-6010	28	37	only	only	ADV
fbem-6010	28	38	form	form	VERB
fbem-6010	28	39	their	their	PRON
fbem-6010	28	40	own	own	ADJ
fbem-6010	28	41	resources	resource	NOUN
fbem-6010	28	42	but	but	CCONJ
fbem-6010	28	43	also	also	ADV
fbem-6010	28	44	help	help	VERB
fbem-6010	28	45	reduce	reduce	VERB
fbem-6010	28	46	their	their	PRON
fbem-6010	28	47	production	production	NOUN
fbem-6010	28	48	costs	cost	NOUN
fbem-6010	28	49	,	,	PUNCT
fbem-6010	28	50	in	in	ADP
fbem-6010	28	51	the	the	DET
fbem-6010	28	52	case	case	NOUN
fbem-6010	28	53	that	that	SCONJ
fbem-6010	28	54	the	the	DET
fbem-6010	28	55	original	original	ADJ
fbem-6010	28	56	product	product	NOUN
fbem-6010	28	57	is	be	AUX
fbem-6010	28	58	unable	unable	ADJ
fbem-6010	28	59	to	to	PART
fbem-6010	28	60	obtain	obtain	VERB
fbem-6010	28	61	new	new	ADJ
fbem-6010	28	62	growth	growth	NOUN
fbem-6010	28	63	points	point	NOUN
fbem-6010	28	64	,	,	PUNCT
fbem-6010	28	65	increase	increase	VERB
fbem-6010	28	66	the	the	DET
fbem-6010	28	67	profit	profit	NOUN
fbem-6010	28	68	acquisition	acquisition	NOUN
fbem-6010	28	69	margins	margin	NOUN
fbem-6010	28	70	,	,	PUNCT
fbem-6010	28	71	obtain	obtain	VERB
fbem-6010	28	72	excess	excess	ADJ
fbem-6010	28	73	profits	profit	NOUN
fbem-6010	28	74	in	in	ADP
fbem-6010	28	75	the	the	DET
fbem-6010	28	76	market	market	NOUN
fbem-6010	28	77	for	for	SCONJ
fbem-6010	28	78	enterprises	enterprise	NOUN
fbem-6010	28	79	to	to	PART
fbem-6010	28	80	further	far	ADV
fbem-6010	28	81	accumulate	accumulate	VERB
fbem-6010	28	82	and	and	CCONJ
fbem-6010	28	83	develop	develop	VERB
fbem-6010	28	84	capital	capital	NOUN
fbem-6010	28	85	to	to	PART
fbem-6010	28	86	enhance	enhance	VERB
fbem-6010	28	87	enterprise	enterprise	NOUN
fbem-6010	28	88	value	value	NOUN
fbem-6010	28	89	;	;	PUNCT
fbem-6010	28	90	next	next	ADV
fbem-6010	28	91	,	,	PUNCT
fbem-6010	28	92	when	when	SCONJ
fbem-6010	28	93	the	the	DET
fbem-6010	28	94	current	current	ADJ
fbem-6010	28	95	market	market	NOUN
fbem-6010	28	96	is	be	AUX
fbem-6010	28	97	fully	fully	ADV
fbem-6010	28	98	saturated	saturate	VERB
fbem-6010	28	99	or	or	CCONJ
fbem-6010	28	100	the	the	DET
fbem-6010	28	101	market	market	NOUN
fbem-6010	28	102	entry	entry	NOUN
fbem-6010	28	103	barriers	barrier	NOUN
fbem-6010	28	104	are	be	AUX
fbem-6010	28	105	too	too	ADV
fbem-6010	28	106	high	high	ADJ
fbem-6010	28	107	,	,	PUNCT
fbem-6010	28	108	enterprises	enterprise	NOUN
fbem-6010	28	109	can	can	AUX
fbem-6010	28	110	get	get	VERB
fbem-6010	28	111	out	out	ADP
fbem-6010	28	112	of	of	ADP
fbem-6010	28	113	the	the	DET
fbem-6010	28	114	current	current	ADJ
fbem-6010	28	115	red	red	PROPN
fbem-6010	28	116	sea	sea	NOUN
fbem-6010	28	117	market	market	NOUN
fbem-6010	28	118	dilemma	dilemma	NOUN
fbem-6010	28	119	through	through	ADP
fbem-6010	28	120	new	new	ADJ
fbem-6010	28	121	products	product	NOUN
fbem-6010	28	122	into	into	ADP
fbem-6010	28	123	the	the	DET
fbem-6010	28	124	blue	blue	ADJ
fbem-6010	28	125	ocean	ocean	NOUN
fbem-6010	28	126	blank	blank	ADJ
fbem-6010	28	127	market	market	NOUN
fbem-6010	28	128	to	to	PART
fbem-6010	28	129	create	create	VERB
fbem-6010	28	130	new	new	ADJ
fbem-6010	28	131	demand	demand	NOUN
fbem-6010	28	132	,	,	PUNCT
fbem-6010	28	133	this	this	DET
fbem-6010	28	134	new	new	ADJ
fbem-6010	28	135	product	product	NOUN
fbem-6010	28	136	can	can	AUX
fbem-6010	28	137	be	be	AUX
fbem-6010	28	138	upgraded	upgrade	VERB
fbem-6010	28	139	and	and	CCONJ
fbem-6010	28	140	refined	refine	VERB
fbem-6010	28	141	with	with	ADP
fbem-6010	28	142	new	new	ADJ
fbem-6010	28	143	product	product	NOUN
fbem-6010	28	144	functions	function	NOUN
fbem-6010	28	145	through	through	ADP
fbem-6010	28	146	new	new	ADJ
fbem-6010	28	147	technology	technology	NOUN
fbem-6010	28	148	,	,	PUNCT
fbem-6010	28	149	it	it	PRON
fbem-6010	28	150	can	can	AUX
fbem-6010	28	151	also	also	ADV
fbem-6010	28	152	be	be	AUX
fbem-6010	28	153	to	to	PART
fbem-6010	28	154	create	create	VERB
fbem-6010	28	155	new	new	ADJ
fbem-6010	28	156	products	product	NOUN
fbem-6010	28	157	for	for	ADP
fbem-6010	28	158	enterprises	enterprise	NOUN
fbem-6010	28	159	in	in	ADP
fbem-6010	28	160	the	the	DET
fbem-6010	28	161	fiercely	fiercely	ADV
fbem-6010	28	162	competitive	competitive	ADJ
fbem-6010	28	163	market	market	NOUN
fbem-6010	28	164	to	to	PART
fbem-6010	28	165	find	find	VERB
fbem-6010	28	166	out	out	ADP
fbem-6010	28	167	the	the	DET
fbem-6010	28	168	profit	profit	NOUN
fbem-6010	28	169	improvement	improvement	NOUN
fbem-6010	28	170	caliber	caliber	NOUN
fbem-6010	28	171	and	and	CCONJ
fbem-6010	28	172	then	then	ADV
fbem-6010	28	173	enhance	enhance	VERB
fbem-6010	28	174	the	the	DET
fbem-6010	28	175	value	value	NOUN
fbem-6010	28	176	of	of	ADP
fbem-6010	28	177	the	the	DET
fbem-6010	28	178	enterprise	enterprise	NOUN
fbem-6010	28	179	;	;	PUNCT
fbem-6010	28	180	last	last	ADJ
fbem-6010	28	181	,	,	PUNCT
fbem-6010	28	182	the	the	DET
fbem-6010	28	183	state	state	NOUN
fbem-6010	28	184	provides	provide	VERB
fbem-6010	28	185	tax	tax	NOUN
fbem-6010	28	186	incentives	incentive	NOUN
fbem-6010	28	187	for	for	SCONJ
fbem-6010	28	188	enterprises	enterprise	NOUN
fbem-6010	28	189	to	to	PART
fbem-6010	28	190	invest	invest	VERB
fbem-6010	28	191	in	in	ADP
fbem-6010	28	192	innovation	innovation	NOUN
fbem-6010	28	193	,	,	PUNCT
fbem-6010	28	194	allow	allow	VERB
fbem-6010	28	195	companies	company	NOUN
fbem-6010	28	196	to	to	PART
fbem-6010	28	197	deduct	deduct	VERB
fbem-6010	28	198	another	another	DET
fbem-6010	28	199	75	75	NUM
fbem-6010	28	200	percent	percent	NOUN
fbem-6010	28	201	of	of	ADP
fbem-6010	28	202	their	their	PRON
fbem-6010	28	203	r	r	NOUN
fbem-6010	28	204	&	&	CCONJ
fbem-6010	28	205	d	d	NOUN
fbem-6010	28	206	expenses	expense	NOUN
fbem-6010	28	207	on	on	ADP
fbem-6010	28	208	their	their	PRON
fbem-6010	28	209	tax	tax	NOUN
fbem-6010	28	210	returns	return	NOUN
fbem-6010	28	211	,	,	PUNCT
fbem-6010	28	212	for	for	ADP
fbem-6010	28	213	the	the	DET
fbem-6010	28	214	innovation	innovation	NOUN
fbem-6010	28	215	investment	investment	NOUN
fbem-6010	28	216	that	that	PRON
fbem-6010	28	217	forms	form	VERB
fbem-6010	28	218	the	the	DET
fbem-6010	28	219	capitalization	capitalization	NOUN
fbem-6010	28	220	of	of	ADP
fbem-6010	28	221	intangible	intangible	ADJ
fbem-6010	28	222	assets	asset	NOUN
fbem-6010	28	223	and	and	CCONJ
fbem-6010	28	224	allows	allow	VERB
fbem-6010	28	225	enterprises	enterprise	NOUN
fbem-6010	28	226	to	to	PART
fbem-6010	28	227	amortize	amortize	VERB
fbem-6010	28	228	by	by	ADP
fbem-6010	28	229	75	75	NUM
fbem-6010	28	230	%	%	NOUN
fbem-6010	28	231	.	.	PUNCT
fbem-6010	29	1	to	to	PART
fbem-6010	29	2	sum	sum	VERB
fbem-6010	29	3	up	up	ADP
fbem-6010	29	4	,	,	PUNCT
fbem-6010	29	5	the	the	DET
fbem-6010	29	6	returns	return	NOUN
fbem-6010	29	7	brought	bring	VERB
fbem-6010	29	8	by	by	ADP
fbem-6010	29	9	technological	technological	ADJ
fbem-6010	29	10	innovation	innovation	NOUN
fbem-6010	29	11	and	and	CCONJ
fbem-6010	29	12	research	research	NOUN
fbem-6010	29	13	investment	investment	NOUN
fbem-6010	29	14	to	to	ADP
fbem-6010	29	15	enterprises	enterprise	NOUN
fbem-6010	29	16	can	can	AUX
fbem-6010	29	17	provide	provide	VERB
fbem-6010	29	18	a	a	DET
fbem-6010	29	19	good	good	ADJ
fbem-6010	29	20	path	path	NOUN
fbem-6010	29	21	for	for	ADP
fbem-6010	29	22	the	the	DET
fbem-6010	29	23	improvement	improvement	NOUN
fbem-6010	29	24	of	of	ADP
fbem-6010	29	25	enterprise	enterprise	NOUN
fbem-6010	29	26	value	value	NOUN
fbem-6010	29	27	through	through	ADP
fbem-6010	29	28	multi	multi	ADJ
fbem-6010	29	29	-	-	ADJ
fbem-6010	29	30	angle	angle	ADJ
fbem-6010	29	31	analysis	analysis	NOUN
fbem-6010	29	32	.	.	PUNCT
fbem-6010	30	1	by	by	ADP
fbem-6010	30	2	sorting	sort	VERB
fbem-6010	30	3	out	out	ADP
fbem-6010	30	4	the	the	DET
fbem-6010	30	5	research	research	NOUN
fbem-6010	30	6	and	and	CCONJ
fbem-6010	30	7	analysis	analysis	NOUN
fbem-6010	30	8	of	of	ADP
fbem-6010	30	9	r	r	NOUN
fbem-6010	30	10	&	&	CCONJ
fbem-6010	30	11	d	d	NOUN
fbem-6010	30	12	investment	investment	NOUN
fbem-6010	30	13	and	and	CCONJ
fbem-6010	30	14	enterprise	enterprise	NOUN
fbem-6010	30	15	performance	performance	NOUN
fbem-6010	30	16	and	and	CCONJ
fbem-6010	30	17	output	output	NOUN
fbem-6010	30	18	results	result	NOUN
fbem-6010	30	19	by	by	ADP
fbem-6010	30	20	domestic	domestic	ADJ
fbem-6010	30	21	and	and	CCONJ
fbem-6010	30	22	foreign	foreign	ADJ
fbem-6010	30	23	scholars	scholar	NOUN
fbem-6010	30	24	,	,	PUNCT
fbem-6010	30	25	this	this	DET
fbem-6010	30	26	paper	paper	NOUN
fbem-6010	30	27	first	first	ADV
fbem-6010	30	28	makes	make	VERB
fbem-6010	30	29	assumptions	assumption	NOUN
fbem-6010	30	30	about	about	ADP
fbem-6010	30	31	the	the	DET
fbem-6010	30	32	impact	impact	NOUN
fbem-6010	30	33	of	of	ADP
fbem-6010	30	34	r	r	NOUN
fbem-6010	30	35	&	&	CCONJ
fbem-6010	30	36	d	d	PROPN
fbem-6010	30	37	investment	investment	NOUN
fbem-6010	30	38	on	on	ADP
fbem-6010	30	39	enterprise	enterprise	NOUN
fbem-6010	30	40	value	value	NOUN
fbem-6010	30	41	,	,	PUNCT
fbem-6010	30	42	and	and	CCONJ
fbem-6010	30	43	believes	believe	VERB
fbem-6010	30	44	that	that	SCONJ
fbem-6010	30	45	r	r	NOUN
fbem-6010	30	46	&	&	CCONJ
fbem-6010	30	47	d	d	PROPN
fbem-6010	30	48	investment	investment	NOUN
fbem-6010	30	49	can	can	AUX
fbem-6010	30	50	significantly	significantly	ADV
fbem-6010	30	51	enhance	enhance	VERB
fbem-6010	30	52	the	the	DET
fbem-6010	30	53	value	value	NOUN
fbem-6010	30	54	of	of	ADP
fbem-6010	30	55	enterprises	enterprise	NOUN
fbem-6010	30	56	and	and	CCONJ
fbem-6010	30	57	provide	provide	VERB
fbem-6010	30	58	a	a	DET
fbem-6010	30	59	strong	strong	ADJ
fbem-6010	30	60	impetus	impetus	NOUN
fbem-6010	30	61	for	for	ADP
fbem-6010	30	62	the	the	DET
fbem-6010	30	63	development	development	NOUN
fbem-6010	30	64	of	of	ADP
fbem-6010	30	65	enterprises	enterprise	NOUN
fbem-6010	30	66	.	.	PUNCT
fbem-6010	31	1	based	base	VERB
fbem-6010	31	2	on	on	ADP
fbem-6010	31	3	the	the	DET
fbem-6010	31	4	above	above	ADJ
fbem-6010	31	5	analysis	analysis	NOUN
fbem-6010	31	6	,	,	PUNCT
fbem-6010	31	7	the	the	DET
fbem-6010	31	8	following	follow	VERB
fbem-6010	31	9	assumptions	assumption	NOUN
fbem-6010	31	10	are	be	AUX
fbem-6010	31	11	proposed	propose	VERB
fbem-6010	31	12	:	:	PUNCT
fbem-6010	31	13	h1	h1	PROPN
fbem-6010	31	14	:	:	PUNCT
fbem-6010	31	15	the	the	DET
fbem-6010	31	16	intensity	intensity	NOUN
fbem-6010	31	17	of	of	ADP
fbem-6010	31	18	r	r	NOUN
fbem-6010	31	19	&	&	CCONJ
fbem-6010	31	20	d	d	PROPN
fbem-6010	31	21	investment	investment	NOUN
fbem-6010	31	22	can	can	AUX
fbem-6010	31	23	significantly	significantly	ADV
fbem-6010	31	24	improve	improve	VERB
fbem-6010	31	25	the	the	DET
fbem-6010	31	26	value	value	NOUN
fbem-6010	31	27	of	of	ADP
fbem-6010	31	28	the	the	DET
fbem-6010	31	29	star	star	NOUN
fbem-6010	31	30	market	market	NOUN
fbem-6010	31	31	.	.	PUNCT
fbem-6010	32	1	2.1.2	2.1.2	X
fbem-6010	32	2	.	.	PUNCT
fbem-6010	32	3	the	the	DET
fbem-6010	32	4	impact	impact	NOUN
fbem-6010	32	5	of	of	ADP
fbem-6010	32	6	r&d	r&d	NOUN
fbem-6010	32	7	personnel	personnel	NOUN
fbem-6010	32	8	investment	investment	NOUN
fbem-6010	32	9	general	general	ADJ
fbem-6010	32	10	secretary	secretary	NOUN
fbem-6010	32	11	xi	xi	PROPN
fbem-6010	32	12	pointed	point	VERB
fbem-6010	32	13	out	out	ADP
fbem-6010	32	14	:	:	PUNCT
fbem-6010	32	15	"	"	PUNCT
fbem-6010	32	16	talent	talent	NOUN
fbem-6010	32	17	is	be	AUX
fbem-6010	32	18	the	the	DET
fbem-6010	32	19	foundation	foundation	NOUN
fbem-6010	32	20	of	of	ADP
fbem-6010	32	21	innovation	innovation	NOUN
fbem-6010	32	22	,	,	PUNCT
fbem-6010	32	23	and	and	CCONJ
fbem-6010	32	24	innovation	innovation	NOUN
fbem-6010	32	25	-	-	PUNCT
fbem-6010	32	26	driven	drive	VERB
fbem-6010	32	27	development	development	NOUN
fbem-6010	32	28	is	be	AUX
fbem-6010	32	29	essentially	essentially	ADV
fbem-6010	32	30	talent	talent	NOUN
fbem-6010	32	31	-	-	PUNCT
fbem-6010	32	32	driven	drive	VERB
fbem-6010	32	33	development	development	NOUN
fbem-6010	32	34	.	.	PUNCT
fbem-6010	32	35	"	"	PUNCT
fbem-6010	33	1	in	in	ADP
fbem-6010	33	2	current	current	ADJ
fbem-6010	33	3	technology	technology	NOUN
fbem-6010	33	4	innovation	innovation	NOUN
fbem-6010	33	5	competition	competition	NOUN
fbem-6010	33	6	,	,	PUNCT
fbem-6010	33	7	the	the	DET
fbem-6010	33	8	role	role	NOUN
fbem-6010	33	9	of	of	ADP
fbem-6010	33	10	technology	technology	NOUN
fbem-6010	33	11	research	research	NOUN
fbem-6010	33	12	and	and	CCONJ
fbem-6010	33	13	development	development	NOUN
fbem-6010	33	14	personnel	personnel	NOUN
fbem-6010	33	15	beyond	beyond	ADP
fbem-6010	33	16	reproach	reproach	NOUN
fbem-6010	33	17	,	,	PUNCT
fbem-6010	33	18	in	in	ADP
fbem-6010	33	19	2009	2009	NUM
fbem-6010	33	20	china	china	PROPN
fbem-6010	33	21	total	total	NOUN
fbem-6010	33	22	of	of	ADP
fbem-6010	33	23	1.18	1.18	NUM
fbem-6010	33	24	million	million	NUM
fbem-6010	33	25	,	,	PUNCT
fbem-6010	33	26	ten	ten	NUM
fbem-6010	33	27	years	year	NOUN
fbem-6010	33	28	after	after	ADP
fbem-6010	33	29	61.9	61.9	NUM
fbem-6010	33	30	%	%	NOUN
fbem-6010	33	31	growth	growth	NOUN
fbem-6010	33	32	reached	reach	VERB
fbem-6010	33	33	1.86	1.86	NUM
fbem-6010	33	34	million	million	NUM
fbem-6010	33	35	,	,	PUNCT
fbem-6010	33	36	but	but	CCONJ
fbem-6010	33	37	relative	relative	ADJ
fbem-6010	33	38	to	to	ADP
fbem-6010	33	39	other	other	ADJ
fbem-6010	33	40	countries	country	NOUN
fbem-6010	33	41	investment	investment	NOUN
fbem-6010	33	42	or	or	CCONJ
fbem-6010	33	43	in	in	ADP
fbem-6010	33	44	the	the	DET
fbem-6010	33	45	back	back	NOUN
fbem-6010	33	46	,	,	PUNCT
fbem-6010	33	47	from	from	ADP
fbem-6010	33	48	our	our	PRON
fbem-6010	33	49	country	country	NOUN
fbem-6010	33	50	's	's	PART
fbem-6010	33	51	strategy	strategy	NOUN
fbem-6010	33	52	of	of	ADP
fbem-6010	33	53	science	science	NOUN
fbem-6010	33	54	and	and	CCONJ
fbem-6010	33	55	education	education	NOUN
fbem-6010	33	56	to	to	ADP
fbem-6010	33	57	the	the	DET
fbem-6010	33	58	talent	talent	NOUN
fbem-6010	33	59	power	power	NOUN
fbem-6010	33	60	strategy	strategy	NOUN
fbem-6010	33	61	to	to	ADP
fbem-6010	33	62	today	today	NOUN
fbem-6010	33	63	's	's	PART
fbem-6010	33	64	innovation	innovation	NOUN
fbem-6010	33	65	driven	drive	VERB
fbem-6010	33	66	development	development	NOUN
fbem-6010	33	67	strategy	strategy	NOUN
fbem-6010	33	68	,	,	PUNCT
fbem-6010	33	69	are	be	AUX
fbem-6010	33	70	inseparable	inseparable	ADJ
fbem-6010	33	71	from	from	ADP
fbem-6010	33	72	the	the	DET
fbem-6010	33	73	role	role	NOUN
fbem-6010	33	74	of	of	ADP
fbem-6010	33	75	"	"	PUNCT
fbem-6010	33	76	people	people	NOUN
fbem-6010	33	77	"	"	PUNCT
fbem-6010	33	78	.	.	PUNCT
fbem-6010	34	1	the	the	DET
fbem-6010	34	2	proportion	proportion	NOUN
fbem-6010	34	3	of	of	ADP
fbem-6010	34	4	the	the	DET
fbem-6010	34	5	investment	investment	NOUN
fbem-6010	34	6	intensity	intensity	NOUN
fbem-6010	34	7	of	of	ADP
fbem-6010	34	8	r	r	NOUN
fbem-6010	34	9	&	&	CCONJ
fbem-6010	34	10	d	d	PROPN
fbem-6010	34	11	personnel	personnel	NOUN
fbem-6010	34	12	is	be	AUX
fbem-6010	34	13	an	an	DET
fbem-6010	34	14	expression	expression	NOUN
fbem-6010	34	15	of	of	ADP
fbem-6010	34	16	the	the	DET
fbem-6010	34	17	investment	investment	NOUN
fbem-6010	34	18	of	of	ADP
fbem-6010	34	19	r	r	NOUN
fbem-6010	34	20	&	&	CCONJ
fbem-6010	34	21	d	d	NOUN
fbem-6010	34	22	personnel	personnel	NOUN
fbem-6010	34	23	in	in	ADP
fbem-6010	34	24	the	the	DET
fbem-6010	34	25	academic	academic	ADJ
fbem-6010	34	26	field	field	NOUN
fbem-6010	34	27	.	.	PUNCT
fbem-6010	35	1	based	base	VERB
fbem-6010	35	2	on	on	ADP
fbem-6010	35	3	the	the	DET
fbem-6010	35	4	assumption	assumption	NOUN
fbem-6010	35	5	of	of	ADP
fbem-6010	35	6	homogeneity	homogeneity	NOUN
fbem-6010	35	7	among	among	ADP
fbem-6010	35	8	r	r	NOUN
fbem-6010	35	9	&	&	CCONJ
fbem-6010	35	10	d	d	PROPN
fbem-6010	35	11	personnel	personnel	NOUN
fbem-6010	35	12	,	,	PUNCT
fbem-6010	35	13	it	it	PRON
fbem-6010	35	14	reflects	reflect	VERB
fbem-6010	35	15	a	a	DET
fbem-6010	35	16	certain	certain	ADJ
fbem-6010	35	17	scale	scale	NOUN
fbem-6010	35	18	effect	effect	NOUN
fbem-6010	35	19	of	of	ADP
fbem-6010	35	20	r	r	NOUN
fbem-6010	35	21	&	&	CCONJ
fbem-6010	35	22	d	d	PROPN
fbem-6010	35	23	personnel	personnel	NOUN
fbem-6010	35	24	investment	investment	NOUN
fbem-6010	35	25	.	.	PUNCT
fbem-6010	36	1	r	r	NOUN
fbem-6010	36	2	&	&	CCONJ
fbem-6010	36	3	d	d	PROPN
fbem-6010	36	4	personnel	personnel	NOUN
fbem-6010	36	5	can	can	AUX
fbem-6010	36	6	also	also	ADV
fbem-6010	36	7	be	be	AUX
fbem-6010	36	8	used	use	VERB
fbem-6010	36	9	as	as	ADP
fbem-6010	36	10	an	an	DET
fbem-6010	36	11	internal	internal	ADJ
fbem-6010	36	12	resource	resource	NOUN
fbem-6010	36	13	of	of	ADP
fbem-6010	36	14	the	the	DET
fbem-6010	36	15	enterprise	enterprise	NOUN
fbem-6010	36	16	to	to	PART
fbem-6010	36	17	provide	provide	VERB
fbem-6010	36	18	unique	unique	ADJ
fbem-6010	36	19	advantages	advantage	NOUN
fbem-6010	36	20	for	for	ADP
fbem-6010	36	21	the	the	DET
fbem-6010	36	22	enterprise	enterprise	NOUN
fbem-6010	36	23	's	's	PART
fbem-6010	36	24	technological	technological	ADJ
fbem-6010	36	25	innovation	innovation	NOUN
fbem-6010	36	26	activities	activity	NOUN
fbem-6010	36	27	,	,	PUNCT
fbem-6010	36	28	because	because	SCONJ
fbem-6010	36	29	the	the	DET
fbem-6010	36	30	innovation	innovation	NOUN
fbem-6010	36	31	activities	activity	NOUN
fbem-6010	36	32	are	be	AUX
fbem-6010	36	33	essentially	essentially	ADV
fbem-6010	36	34	driven	drive	VERB
fbem-6010	36	35	by	by	ADP
fbem-6010	36	36	talents	talent	NOUN
fbem-6010	36	37	.	.	PUNCT
fbem-6010	37	1	as	as	ADV
fbem-6010	37	2	long	long	ADV
fbem-6010	37	3	as	as	SCONJ
fbem-6010	37	4	the	the	DET
fbem-6010	37	5	r	r	NOUN
fbem-6010	37	6	&	&	CCONJ
fbem-6010	37	7	d	d	PROPN
fbem-6010	37	8	personnel	personnel	NOUN
fbem-6010	37	9	resources	resource	NOUN
fbem-6010	37	10	are	be	AUX
fbem-6010	37	11	reasonably	reasonably	ADV
fbem-6010	37	12	optimized	optimize	VERB
fbem-6010	37	13	,	,	PUNCT
fbem-6010	37	14	the	the	DET
fbem-6010	37	15	full	full	ADJ
fbem-6010	37	16	use	use	NOUN
fbem-6010	37	17	of	of	ADP
fbem-6010	37	18	them	they	PRON
fbem-6010	37	19	will	will	AUX
fbem-6010	37	20	help	help	VERB
fbem-6010	37	21	the	the	DET
fbem-6010	37	22	enterprise	enterprise	NOUN
fbem-6010	37	23	's	's	PART
fbem-6010	37	24	technological	technological	ADJ
fbem-6010	37	25	innovation	innovation	NOUN
fbem-6010	37	26	activities	activity	NOUN
fbem-6010	37	27	.	.	PUNCT
fbem-6010	38	1	in	in	ADP
fbem-6010	38	2	the	the	DET
fbem-6010	38	3	final	final	ADJ
fbem-6010	38	4	analysis	analysis	NOUN
fbem-6010	38	5	,	,	PUNCT
fbem-6010	38	6	the	the	DET
fbem-6010	38	7	competition	competition	NOUN
fbem-6010	38	8	in	in	ADP
fbem-6010	38	9	the	the	DET
fbem-6010	38	10	current	current	ADJ
fbem-6010	38	11	world	world	NOUN
fbem-6010	38	12	pattern	pattern	NOUN
fbem-6010	38	13	is	be	AUX
fbem-6010	38	14	the	the	DET
fbem-6010	38	15	competition	competition	NOUN
fbem-6010	38	16	of	of	ADP
fbem-6010	38	17	science	science	NOUN
fbem-6010	38	18	and	and	CCONJ
fbem-6010	38	19	technology	technology	NOUN
fbem-6010	38	20	,	,	PUNCT
fbem-6010	38	21	but	but	CCONJ
fbem-6010	38	22	also	also	ADV
fbem-6010	38	23	the	the	DET
fbem-6010	38	24	competition	competition	NOUN
fbem-6010	38	25	of	of	ADP
fbem-6010	38	26	talents	talent	NOUN
fbem-6010	38	27	.	.	PUNCT
fbem-6010	39	1	as	as	ADP
fbem-6010	39	2	the	the	DET
fbem-6010	39	3	special	special	ADJ
fbem-6010	39	4	human	human	ADJ
fbem-6010	39	5	resources	resource	NOUN
fbem-6010	39	6	of	of	ADP
fbem-6010	39	7	r	r	NOUN
fbem-6010	39	8	&	&	CCONJ
fbem-6010	39	9	d	d	NOUN
fbem-6010	39	10	personnel	personnel	NOUN
fbem-6010	39	11	,	,	PUNCT
fbem-6010	39	12	as	as	ADP
fbem-6010	39	13	the	the	DET
fbem-6010	39	14	decisive	decisive	ADJ
fbem-6010	39	15	factor	factor	NOUN
fbem-6010	39	16	of	of	ADP
fbem-6010	39	17	economic	economic	ADJ
fbem-6010	39	18	development	development	NOUN
fbem-6010	39	19	,	,	PUNCT
fbem-6010	39	20	is	be	AUX
fbem-6010	39	21	the	the	DET
fbem-6010	39	22	lifeblood	lifeblood	NOUN
fbem-6010	39	23	of	of	ADP
fbem-6010	39	24	economic	economic	ADJ
fbem-6010	39	25	development	development	NOUN
fbem-6010	39	26	under	under	ADP
fbem-6010	39	27	the	the	DET
fbem-6010	39	28	current	current	ADJ
fbem-6010	39	29	market	market	NOUN
fbem-6010	39	30	economy	economy	NOUN
fbem-6010	39	31	conditions	condition	NOUN
fbem-6010	39	32	,	,	PUNCT
fbem-6010	39	33	and	and	CCONJ
fbem-6010	39	34	its	its	PRON
fbem-6010	39	35	position	position	NOUN
fbem-6010	39	36	in	in	ADP
fbem-6010	39	37	innovation	innovation	NOUN
fbem-6010	39	38	development	development	NOUN
fbem-6010	39	39	is	be	AUX
fbem-6010	39	40	beyond	beyond	ADP
fbem-6010	39	41	reproach	reproach	NOUN
fbem-6010	39	42	the	the	DET
fbem-6010	39	43	r	r	NOUN
fbem-6010	39	44	&	&	CCONJ
fbem-6010	39	45	d	d	NOUN
fbem-6010	39	46	activities	activity	NOUN
fbem-6010	39	47	of	of	ADP
fbem-6010	39	48	an	an	DET
fbem-6010	39	49	enterprise	enterprise	NOUN
fbem-6010	39	50	include	include	VERB
fbem-6010	39	51	the	the	DET
fbem-6010	39	52	research	research	NOUN
fbem-6010	39	53	stage	stage	NOUN
fbem-6010	39	54	and	and	CCONJ
fbem-6010	39	55	the	the	DET
fbem-6010	39	56	development	development	NOUN
fbem-6010	39	57	stage	stage	NOUN
fbem-6010	39	58	,	,	PUNCT
fbem-6010	39	59	while	while	SCONJ
fbem-6010	39	60	the	the	DET
fbem-6010	39	61	scope	scope	NOUN
fbem-6010	39	62	of	of	ADP
fbem-6010	39	63	the	the	DET
fbem-6010	39	64	r	r	NOUN
fbem-6010	39	65	&	&	CCONJ
fbem-6010	39	66	d	d	PROPN
fbem-6010	39	67	investment	investment	NOUN
fbem-6010	39	68	mainly	mainly	ADV
fbem-6010	39	69	includes	include	VERB
fbem-6010	39	70	the	the	DET
fbem-6010	39	71	personnel	personnel	NOUN
fbem-6010	39	72	in	in	ADP
fbem-6010	39	73	the	the	DET
fbem-6010	39	74	research	research	NOUN
fbem-6010	39	75	stage	stage	NOUN
fbem-6010	39	76	,	,	PUNCT
fbem-6010	39	77	the	the	DET
fbem-6010	39	78	personnel	personnel	NOUN
fbem-6010	39	79	in	in	ADP
fbem-6010	39	80	the	the	DET
fbem-6010	39	81	development	development	NOUN
fbem-6010	39	82	stage	stage	NOUN
fbem-6010	39	83	and	and	CCONJ
fbem-6010	39	84	other	other	ADJ
fbem-6010	39	85	related	related	ADJ
fbem-6010	39	86	personnel	personnel	NOUN
fbem-6010	39	87	belonging	belong	VERB
fbem-6010	39	88	to	to	ADP
fbem-6010	39	89	the	the	DET
fbem-6010	39	90	research	research	NOUN
fbem-6010	39	91	and	and	CCONJ
fbem-6010	39	92	development	development	NOUN
fbem-6010	39	93	activities	activity	NOUN
fbem-6010	39	94	.	.	PUNCT
fbem-6010	40	1	li	li	PROPN
fbem-6010	40	2	and	and	CCONJ
fbem-6010	40	3	zhao	zhao	PROPN
fbem-6010	40	4	xiliang	xiliang	PROPN
fbem-6010	40	5	(	(	PUNCT
fbem-6010	40	6	2019	2019	NUM
fbem-6010	40	7	)	)	PUNCT
fbem-6010	40	8	through	through	ADP
fbem-6010	40	9	research	research	NOUN
fbem-6010	40	10	that	that	SCONJ
fbem-6010	40	11	human	human	ADJ
fbem-6010	40	12	capital	capital	NOUN
fbem-6010	40	13	intensity	intensity	NOUN
fbem-6010	40	14	rose	rise	VERB
fbem-6010	40	15	1	1	NUM
fbem-6010	40	16	%	%	NOUN
fbem-6010	40	17	,	,	PUNCT
fbem-6010	40	18	will	will	AUX
fbem-6010	40	19	make	make	VERB
fbem-6010	40	20	the	the	DET
fbem-6010	40	21	enterprise	enterprise	NOUN
fbem-6010	40	22	innovation	innovation	NOUN
fbem-6010	40	23	quantity	quantity	NOUN
fbem-6010	40	24	rose	rise	VERB
fbem-6010	40	25	0.19	0.19	NUM
fbem-6010	40	26	%	%	NOUN
fbem-6010	40	27	,	,	PUNCT
fbem-6010	40	28	enterprise	enterprise	NOUN
fbem-6010	40	29	innovation	innovation	NOUN
fbem-6010	40	30	quality	quality	NOUN
fbem-6010	40	31	rose	rise	VERB
fbem-6010	40	32	by	by	ADP
fbem-6010	40	33	0.16	0.16	NUM
fbem-6010	40	34	%	%	NOUN
fbem-6010	40	35	,	,	PUNCT
fbem-6010	40	36	thus	thus	ADV
fbem-6010	40	37	concluded	conclude	VERB
fbem-6010	40	38	that	that	SCONJ
fbem-6010	40	39	human	human	ADJ
fbem-6010	40	40	capital	capital	NOUN
fbem-6010	40	41	can	can	AUX
fbem-6010	40	42	significantly	significantly	ADV
fbem-6010	40	43	improve	improve	VERB
fbem-6010	40	44	enterprise	enterprise	NOUN
fbem-6010	40	45	innovation	innovation	NOUN
fbem-6010	40	46	quantity	quantity	NOUN
fbem-6010	40	47	and	and	CCONJ
fbem-6010	40	48	innovation	innovation	NOUN
fbem-6010	40	49	quality	quality	NOUN
fbem-6010	40	50	some	some	DET
fbem-6010	40	51	scholars	scholar	NOUN
fbem-6010	40	52	research	research	NOUN
fbem-6010	40	53	shows	show	VERB
fbem-6010	40	54	that	that	SCONJ
fbem-6010	40	55	the	the	DET
fbem-6010	40	56	impact	impact	NOUN
fbem-6010	40	57	of	of	ADP
fbem-6010	40	58	innovation	innovation	NOUN
fbem-6010	40	59	innovation	innovation	NOUN
fbem-6010	40	60	is	be	AUX
fbem-6010	40	61	not	not	PART
fbem-6010	40	62	simple	simple	ADJ
fbem-6010	40	63	promotion	promotion	NOUN
fbem-6010	40	64	and	and	CCONJ
fbem-6010	40	65	inhibition	inhibition	NOUN
fbem-6010	40	66	but	but	CCONJ
fbem-6010	40	67	has	have	VERB
fbem-6010	40	68	a	a	DET
fbem-6010	40	69	certain	certain	ADJ
fbem-6010	40	70	threshold	threshold	NOUN
fbem-6010	40	71	effect	effect	NOUN
fbem-6010	40	72	,	,	PUNCT
fbem-6010	40	73	but	but	CCONJ
fbem-6010	40	74	for	for	SCONJ
fbem-6010	40	75	the	the	DET
fbem-6010	40	76	enterprise	enterprise	NOUN
fbem-6010	40	77	value	value	NOUN
fbem-6010	40	78	is	be	AUX
fbem-6010	40	79	improved	improve	VERB
fbem-6010	40	80	.	.	PUNCT
fbem-6010	41	1	r	r	NOUN
fbem-6010	41	2	&	&	CCONJ
fbem-6010	41	3	d	d	PROPN
fbem-6010	41	4	personnel	personnel	NOUN
fbem-6010	41	5	are	be	AUX
fbem-6010	41	6	the	the	DET
fbem-6010	41	7	bridge	bridge	NOUN
fbem-6010	41	8	to	to	PART
fbem-6010	41	9	maintain	maintain	VERB
fbem-6010	41	10	the	the	DET
fbem-6010	41	11	relationship	relationship	NOUN
fbem-6010	41	12	between	between	ADP
fbem-6010	41	13	r	r	NOUN
fbem-6010	41	14	&	&	CCONJ
fbem-6010	41	15	d	d	NOUN
fbem-6010	41	16	activities	activity	NOUN
fbem-6010	41	17	and	and	CCONJ
fbem-6010	41	18	enterprise	enterprise	NOUN
fbem-6010	41	19	value	value	NOUN
fbem-6010	41	20	.	.	PUNCT
fbem-6010	42	1	only	only	ADV
fbem-6010	42	2	by	by	ADP
fbem-6010	42	3	the	the	DET
fbem-6010	42	4	rational	rational	ADJ
fbem-6010	42	5	allocation	allocation	NOUN
fbem-6010	42	6	and	and	CCONJ
fbem-6010	42	7	effective	effective	ADJ
fbem-6010	42	8	integration	integration	NOUN
fbem-6010	42	9	of	of	ADP
fbem-6010	42	10	innovative	innovative	ADJ
fbem-6010	42	11	r	r	NOUN
fbem-6010	42	12	&	&	CCONJ
fbem-6010	42	13	d	d	NOUN
fbem-6010	42	14	personnel	personnel	NOUN
fbem-6010	42	15	can	can	AUX
fbem-6010	42	16	they	they	PRON
fbem-6010	42	17	play	play	VERB
fbem-6010	42	18	an	an	DET
fbem-6010	42	19	irreplaceable	irreplaceable	ADJ
fbem-6010	42	20	role	role	NOUN
fbem-6010	42	21	in	in	ADP
fbem-6010	42	22	the	the	DET
fbem-6010	42	23	promotion	promotion	NOUN
fbem-6010	42	24	of	of	ADP
fbem-6010	42	25	enterprise	enterprise	NOUN
fbem-6010	42	26	value	value	NOUN
fbem-6010	42	27	.	.	PUNCT
fbem-6010	43	1	in	in	ADP
fbem-6010	43	2	short	short	ADJ
fbem-6010	43	3	,	,	PUNCT
fbem-6010	43	4	this	this	DET
fbem-6010	43	5	paper	paper	NOUN
fbem-6010	43	6	believes	believe	VERB
fbem-6010	43	7	that	that	SCONJ
fbem-6010	43	8	innovation	innovation	NOUN
fbem-6010	43	9	personnel	personnel	NOUN
fbem-6010	43	10	into	into	ADP
fbem-6010	43	11	the	the	DET
fbem-6010	43	12	creation	creation	NOUN
fbem-6010	43	13	of	of	ADP
fbem-6010	43	14	enterprise	enterprise	NOUN
fbem-6010	43	15	value	value	NOUN
fbem-6010	43	16	has	have	VERB
fbem-6010	43	17	a	a	DET
fbem-6010	43	18	important	important	ADJ
fbem-6010	43	19	role	role	NOUN
fbem-6010	43	20	,	,	PUNCT
fbem-6010	43	21	research	research	NOUN
fbem-6010	43	22	and	and	CCONJ
fbem-6010	43	23	development	development	NOUN
fbem-6010	43	24	personnel	personnel	NOUN
fbem-6010	43	25	is	be	AUX
fbem-6010	43	26	a	a	DET
fbem-6010	43	27	kind	kind	NOUN
fbem-6010	43	28	of	of	ADP
fbem-6010	43	29	unique	unique	ADJ
fbem-6010	43	30	enterprise	enterprise	NOUN
fbem-6010	43	31	resources	resource	NOUN
fbem-6010	43	32	,	,	PUNCT
fbem-6010	43	33	through	through	ADP
fbem-6010	43	34	the	the	DET
fbem-6010	43	35	organization	organization	NOUN
fbem-6010	43	36	of	of	ADP
fbem-6010	43	37	research	research	NOUN
fbem-6010	43	38	and	and	CCONJ
fbem-6010	43	39	development	development	NOUN
fbem-6010	43	40	personnel	personnel	NOUN
fbem-6010	43	41	,	,	PUNCT
fbem-6010	43	42	make	make	VERB
fbem-6010	43	43	the	the	DET
fbem-6010	43	44	research	research	NOUN
fbem-6010	43	45	and	and	CCONJ
fbem-6010	43	46	development	development	NOUN
fbem-6010	43	47	personnel	personnel	NOUN
fbem-6010	43	48	and	and	CCONJ
fbem-6010	43	49	enterprise	enterprise	NOUN
fbem-6010	43	50	resources	resource	NOUN
fbem-6010	43	51	with	with	ADP
fbem-6010	43	52	full	full	ADJ
fbem-6010	43	53	fusion	fusion	NOUN
fbem-6010	43	54	,	,	PUNCT
fbem-6010	43	55	can	can	AUX
fbem-6010	43	56	quickly	quickly	ADV
fbem-6010	43	57	into	into	ADP
fbem-6010	43	58	productivity	productivity	NOUN
fbem-6010	43	59	bring	bring	VERB
fbem-6010	43	60	new	new	ADJ
fbem-6010	43	61	value	value	NOUN
fbem-6010	43	62	for	for	ADP
fbem-6010	43	63	the	the	DET
fbem-6010	43	64	enterprise	enterprise	NOUN
fbem-6010	43	65	based	base	VERB
fbem-6010	43	66	on	on	ADP
fbem-6010	43	67	the	the	DET
fbem-6010	43	68	above	above	ADJ
fbem-6010	43	69	analysis	analysis	NOUN
fbem-6010	43	70	,	,	PUNCT
fbem-6010	43	71	the	the	DET
fbem-6010	43	72	following	follow	VERB
fbem-6010	43	73	assumptions	assumption	NOUN
fbem-6010	43	74	are	be	AUX
fbem-6010	43	75	proposed	propose	VERB
fbem-6010	43	76	:	:	PUNCT
fbem-6010	43	77	h2	h2	NOUN
fbem-6010	43	78	:	:	PUNCT
fbem-6010	43	79	the	the	DET
fbem-6010	43	80	investment	investment	NOUN
fbem-6010	43	81	intensity	intensity	NOUN
fbem-6010	43	82	of	of	ADP
fbem-6010	43	83	r	r	NOUN
fbem-6010	43	84	&	&	CCONJ
fbem-6010	43	85	d	d	PROPN
fbem-6010	43	86	personnel	personnel	NOUN
fbem-6010	43	87	can	can	AUX
fbem-6010	43	88	significantly	significantly	ADV
fbem-6010	43	89	improve	improve	VERB
fbem-6010	43	90	the	the	DET
fbem-6010	43	91	enterprise	enterprise	NOUN
fbem-6010	43	92	value	value	NOUN
fbem-6010	43	93	of	of	ADP
fbem-6010	43	94	the	the	DET
fbem-6010	43	95	star	star	NOUN
fbem-6010	43	96	market	market	NOUN
fbem-6010	43	97	.	.	PUNCT
fbem-6010	44	1	2.2	2.2	NUM
fbem-6010	44	2	.	.	PUNCT
fbem-6010	45	1	the	the	DET
fbem-6010	45	2	adjustment	adjustment	NOUN
fbem-6010	45	3	effect	effect	NOUN
fbem-6010	45	4	of	of	ADP
fbem-6010	45	5	equity	equity	NOUN
fbem-6010	45	6	incentive	incentive	NOUN
fbem-6010	45	7	for	for	ADP
fbem-6010	45	8	enterprises	enterprise	NOUN
fbem-6010	45	9	,	,	PUNCT
fbem-6010	45	10	innovation	innovation	NOUN
fbem-6010	45	11	is	be	AUX
fbem-6010	45	12	a	a	DET
fbem-6010	45	13	long	long	ADJ
fbem-6010	45	14	-	-	PUNCT
fbem-6010	45	15	term	term	NOUN
fbem-6010	45	16	activity	activity	NOUN
fbem-6010	45	17	.	.	PUNCT
fbem-6010	46	1	innovation	innovation	NOUN
fbem-6010	46	2	activities	activity	NOUN
fbem-6010	46	3	can	can	AUX
fbem-6010	46	4	enable	enable	VERB
fbem-6010	46	5	enterprises	enterprise	NOUN
fbem-6010	46	6	to	to	PART
fbem-6010	46	7	gain	gain	VERB
fbem-6010	46	8	more	more	ADV
fbem-6010	46	9	competitive	competitive	ADJ
fbem-6010	46	10	advantages	advantage	NOUN
fbem-6010	46	11	,	,	PUNCT
fbem-6010	46	12	but	but	CCONJ
fbem-6010	46	13	at	at	ADP
fbem-6010	46	14	the	the	DET
fbem-6010	46	15	same	same	ADJ
fbem-6010	46	16	time	time	NOUN
fbem-6010	46	17	,	,	PUNCT
fbem-6010	46	18	accompanied	accompany	VERB
fbem-6010	46	19	by	by	ADP
fbem-6010	46	20	greater	great	ADJ
fbem-6010	46	21	time	time	NOUN
fbem-6010	46	22	,	,	PUNCT
fbem-6010	46	23	material	material	NOUN
fbem-6010	46	24	resources	resource	NOUN
fbem-6010	46	25	,	,	PUNCT
fbem-6010	46	26	manpower	manpower	NOUN
fbem-6010	46	27	and	and	CCONJ
fbem-6010	46	28	capital	capital	NOUN
fbem-6010	46	29	investment	investment	NOUN
fbem-6010	46	30	,	,	PUNCT
fbem-6010	46	31	but	but	CCONJ
fbem-6010	46	32	may	may	AUX
fbem-6010	46	33	not	not	PART
fbem-6010	46	34	bring	bring	VERB
fbem-6010	46	35	benefits	benefit	NOUN
fbem-6010	46	36	to	to	ADP
fbem-6010	46	37	enterprises	enterprise	NOUN
fbem-6010	46	38	,	,	PUNCT
fbem-6010	46	39	with	with	ADP
fbem-6010	46	40	greater	great	ADJ
fbem-6010	46	41	uncertainty	uncertainty	NOUN
fbem-6010	46	42	.	.	PUNCT
fbem-6010	47	1	the	the	DET
fbem-6010	47	2	management	management	NOUN
fbem-6010	47	3	of	of	ADP
fbem-6010	47	4	an	an	DET
fbem-6010	47	5	enterprise	enterprise	NOUN
fbem-6010	47	6	plays	play	VERB
fbem-6010	47	7	the	the	DET
fbem-6010	47	8	role	role	NOUN
fbem-6010	47	9	of	of	ADP
fbem-6010	47	10	the	the	DET
fbem-6010	47	11	decision	decision	NOUN
fbem-6010	47	12	maker	maker	NOUN
fbem-6010	47	13	in	in	ADP
fbem-6010	47	14	the	the	DET
fbem-6010	47	15	innovation	innovation	NOUN
fbem-6010	47	16	activities	activity	NOUN
fbem-6010	47	17	,	,	PUNCT
fbem-6010	47	18	while	while	SCONJ
fbem-6010	47	19	the	the	DET
fbem-6010	47	20	core	core	NOUN
fbem-6010	47	21	technical	technical	ADJ
fbem-6010	47	22	personnel	personnel	NOUN
fbem-6010	47	23	are	be	AUX
fbem-6010	47	24	the	the	DET
fbem-6010	47	25	executors	executor	NOUN
fbem-6010	47	26	of	of	ADP
fbem-6010	47	27	the	the	DET
fbem-6010	47	28	innovation	innovation	NOUN
fbem-6010	47	29	activities	activity	NOUN
fbem-6010	47	30	,	,	PUNCT
fbem-6010	47	31	both	both	PRON
fbem-6010	47	32	of	of	ADP
fbem-6010	47	33	which	which	PRON
fbem-6010	47	34	are	be	AUX
fbem-6010	47	35	important	important	ADJ
fbem-6010	47	36	participants	participant	NOUN
fbem-6010	47	37	in	in	ADP
fbem-6010	47	38	the	the	DET
fbem-6010	47	39	innovation	innovation	NOUN
fbem-6010	47	40	activities	activity	NOUN
fbem-6010	47	41	.	.	PUNCT
fbem-6010	48	1	due	due	ADP
fbem-6010	48	2	to	to	ADP
fbem-6010	48	3	the	the	DET
fbem-6010	48	4	principal	principal	ADJ
fbem-6010	48	5	-	-	PUNCT
fbem-6010	48	6	agent	agent	NOUN
fbem-6010	48	7	problem	problem	NOUN
fbem-6010	48	8	,	,	PUNCT
fbem-6010	48	9	the	the	DET
fbem-6010	48	10	management	management	NOUN
fbem-6010	48	11	of	of	ADP
fbem-6010	48	12	the	the	DET
fbem-6010	48	13	enterprise	enterprise	NOUN
fbem-6010	48	14	will	will	AUX
fbem-6010	48	15	pay	pay	VERB
fbem-6010	48	16	more	more	ADJ
fbem-6010	48	17	attention	attention	NOUN
fbem-6010	48	18	to	to	ADP
fbem-6010	48	19	the	the	DET
fbem-6010	48	20	short	short	ADJ
fbem-6010	48	21	-	-	PUNCT
fbem-6010	48	22	term	term	NOUN
fbem-6010	48	23	performance	performance	NOUN
fbem-6010	48	24	of	of	ADP
fbem-6010	48	25	the	the	DET
fbem-6010	48	26	enterprise	enterprise	NOUN
fbem-6010	48	27	for	for	ADP
fbem-6010	48	28	the	the	DET
fbem-6010	48	29	consideration	consideration	NOUN
fbem-6010	48	30	of	of	ADP
fbem-6010	48	31	remuneration	remuneration	NOUN
fbem-6010	48	32	,	,	PUNCT
fbem-6010	48	33	reputation	reputation	NOUN
fbem-6010	48	34	and	and	CCONJ
fbem-6010	48	35	risk	risk	NOUN
fbem-6010	48	36	,	,	PUNCT
fbem-6010	48	37	and	and	CCONJ
fbem-6010	48	38	the	the	DET
fbem-6010	48	39	willingness	willingness	NOUN
fbem-6010	48	40	to	to	PART
fbem-6010	48	41	carry	carry	VERB
fbem-6010	48	42	out	out	ADP
fbem-6010	48	43	high	high	ADJ
fbem-6010	48	44	-	-	PUNCT
fbem-6010	48	45	risk	risk	NOUN
fbem-6010	48	46	innovation	innovation	NOUN
fbem-6010	48	47	activities	activity	NOUN
fbem-6010	48	48	will	will	AUX
fbem-6010	48	49	be	be	AUX
fbem-6010	48	50	low	low	ADJ
fbem-6010	48	51	(	(	PUNCT
fbem-6010	48	52	holmstrom	holmstrom	NOUN
fbem-6010	48	53	,	,	PUNCT
fbem-6010	48	54	1989	1989	NUM
fbem-6010	48	55	)	)	PUNCT
fbem-6010	48	56	,	,	PUNCT
fbem-6010	48	57	which	which	PRON
fbem-6010	48	58	will	will	AUX
fbem-6010	48	59	not	not	PART
fbem-6010	48	60	be	be	AUX
fbem-6010	48	61	conducive	conducive	ADJ
fbem-6010	48	62	to	to	ADP
fbem-6010	48	63	the	the	DET
fbem-6010	48	64	long	long	ADJ
fbem-6010	48	65	-	-	PUNCT
fbem-6010	48	66	term	term	NOUN
fbem-6010	48	67	development	development	NOUN
fbem-6010	48	68	of	of	ADP
fbem-6010	48	69	the	the	DET
fbem-6010	48	70	enterprise	enterprise	NOUN
fbem-6010	48	71	.	.	PUNCT
fbem-6010	49	1	however	however	ADV
fbem-6010	49	2	,	,	PUNCT
fbem-6010	49	3	with	with	ADP
fbem-6010	49	4	the	the	DET
fbem-6010	49	5	increase	increase	NOUN
fbem-6010	49	6	of	of	ADP
fbem-6010	49	7	the	the	DET
fbem-6010	49	8	proportion	proportion	NOUN
fbem-6010	49	9	of	of	ADP
fbem-6010	49	10	shares	share	NOUN
fbem-6010	49	11	held	hold	VERB
fbem-6010	49	12	by	by	ADP
fbem-6010	49	13	enterprise	enterprise	NOUN
fbem-6010	49	14	managers	manager	NOUN
fbem-6010	49	15	,	,	PUNCT
fbem-6010	49	16	the	the	DET
fbem-6010	49	17	agency	agency	NOUN
fbem-6010	49	18	cost	cost	NOUN
fbem-6010	49	19	brought	bring	VERB
fbem-6010	49	20	by	by	ADP
fbem-6010	49	21	innovation	innovation	NOUN
fbem-6010	49	22	activities	activity	NOUN
fbem-6010	49	23	will	will	AUX
fbem-6010	49	24	gradually	gradually	ADV
fbem-6010	49	25	decrease	decrease	VERB
fbem-6010	49	26	(	(	PUNCT
fbem-6010	49	27	chen	chen	PROPN
fbem-6010	49	28	xiling	xiling	PROPN
fbem-6010	49	29	,	,	PUNCT
fbem-6010	49	30	2018	2018	NUM
fbem-6010	49	31	)	)	PUNCT
fbem-6010	49	32	,	,	PUNCT
fbem-6010	49	33	which	which	PRON
fbem-6010	49	34	can	can	AUX
fbem-6010	49	35	also	also	ADV
fbem-6010	49	36	improve	improve	VERB
fbem-6010	49	37	the	the	DET
fbem-6010	49	38	tolerance	tolerance	NOUN
fbem-6010	49	39	of	of	ADP
fbem-6010	49	40	failure	failure	NOUN
fbem-6010	49	41	in	in	ADP
fbem-6010	49	42	the	the	DET
fbem-6010	49	43	short	short	ADJ
fbem-6010	49	44	term	term	NOUN
fbem-6010	49	45	,	,	PUNCT
fbem-6010	49	46	and	and	CCONJ
fbem-6010	49	47	in	in	ADP
fbem-6010	49	48	the	the	DET
fbem-6010	49	49	long	long	ADJ
fbem-6010	49	50	term	term	NOUN
fbem-6010	49	51	,	,	PUNCT
fbem-6010	49	52	the	the	DET
fbem-6010	49	53	incentive	incentive	NOUN
fbem-6010	49	54	object	object	NOUN
fbem-6010	49	55	can	can	AUX
fbem-6010	49	56	get	get	VERB
fbem-6010	49	57	more	more	ADJ
fbem-6010	49	58	returns	return	NOUN
fbem-6010	49	59	from	from	ADP
fbem-6010	49	60	equity	equity	NOUN
fbem-6010	49	61	incentive	incentive	NOUN
fbem-6010	49	62	(	(	PUNCT
fbem-6010	49	63	tian	tian	PROPN
fbem-6010	49	64	xuan	xuan	PROPN
fbem-6010	49	65	,	,	PUNCT
fbem-6010	49	66	2018	2018	NUM
fbem-6010	49	67	)	)	PUNCT
fbem-6010	49	68	.	.	PUNCT
fbem-6010	50	1	in	in	ADP
fbem-6010	50	2	addition	addition	NOUN
fbem-6010	50	3	,	,	PUNCT
fbem-6010	50	4	compared	compare	VERB
fbem-6010	50	5	with	with	ADP
fbem-6010	50	6	short	short	ADJ
fbem-6010	50	7	-	-	PUNCT
fbem-6010	50	8	term	term	NOUN
fbem-6010	50	9	incentive	incentive	NOUN
fbem-6010	50	10	methods	method	NOUN
fbem-6010	50	11	such	such	ADJ
fbem-6010	50	12	as	as	ADP
fbem-6010	50	13	compensation	compensation	NOUN
fbem-6010	50	14	incentive	incentive	NOUN
fbem-6010	50	15	,	,	PUNCT
fbem-6010	50	16	equity	equity	NOUN
fbem-6010	50	17	incentive	incentive	NOUN
fbem-6010	50	18	,	,	PUNCT
fbem-6010	50	19	by	by	ADP
fbem-6010	50	20	building	build	VERB
fbem-6010	50	21	a	a	DET
fbem-6010	50	22	community	community	NOUN
fbem-6010	50	23	of	of	ADP
fbem-6010	50	24	117	117	NUM
fbem-6010	50	25	interests	interest	NOUN
fbem-6010	50	26	between	between	ADP
fbem-6010	50	27	enterprise	enterprise	NOUN
fbem-6010	50	28	managers	manager	NOUN
fbem-6010	50	29	and	and	CCONJ
fbem-6010	50	30	owners	owner	NOUN
fbem-6010	50	31	,	,	PUNCT
fbem-6010	50	32	the	the	DET
fbem-6010	50	33	managers	manager	NOUN
fbem-6010	50	34	of	of	ADP
fbem-6010	50	35	enterprises	enterprise	NOUN
fbem-6010	50	36	will	will	AUX
fbem-6010	50	37	reduce	reduce	VERB
fbem-6010	50	38	short	short	ADJ
fbem-6010	50	39	-	-	PUNCT
fbem-6010	50	40	term	term	NOUN
fbem-6010	50	41	behaviors	behavior	NOUN
fbem-6010	50	42	from	from	ADP
fbem-6010	50	43	the	the	DET
fbem-6010	50	44	perspective	perspective	NOUN
fbem-6010	50	45	of	of	ADP
fbem-6010	50	46	making	make	VERB
fbem-6010	50	47	decisions	decision	NOUN
fbem-6010	50	48	(	(	PUNCT
fbem-6010	50	49	manso	manso	NOUN
fbem-6010	50	50	,	,	PUNCT
fbem-6010	50	51	2011	2011	NUM
fbem-6010	50	52	)	)	PUNCT
fbem-6010	50	53	.	.	PUNCT
fbem-6010	51	1	in	in	ADP
fbem-6010	51	2	addition	addition	NOUN
fbem-6010	51	3	,	,	PUNCT
fbem-6010	51	4	the	the	DET
fbem-6010	51	5	returns	return	NOUN
fbem-6010	51	6	of	of	ADP
fbem-6010	51	7	the	the	DET
fbem-6010	51	8	motivated	motivated	ADJ
fbem-6010	51	9	object	object	NOUN
fbem-6010	51	10	are	be	AUX
fbem-6010	51	11	closely	closely	ADV
fbem-6010	51	12	linked	link	VERB
fbem-6010	51	13	to	to	ADP
fbem-6010	51	14	the	the	DET
fbem-6010	51	15	fluctuations	fluctuation	NOUN
fbem-6010	51	16	of	of	ADP
fbem-6010	51	17	the	the	DET
fbem-6010	51	18	stock	stock	NOUN
fbem-6010	51	19	price	price	NOUN
fbem-6010	51	20	,	,	PUNCT
fbem-6010	51	21	which	which	PRON
fbem-6010	51	22	encourages	encourage	VERB
fbem-6010	51	23	the	the	DET
fbem-6010	51	24	motivated	motivated	ADJ
fbem-6010	51	25	object	object	NOUN
fbem-6010	51	26	to	to	PART
fbem-6010	51	27	take	take	VERB
fbem-6010	51	28	more	more	ADJ
fbem-6010	51	29	risks	risk	NOUN
fbem-6010	51	30	for	for	ADP
fbem-6010	51	31	innovative	innovative	ADJ
fbem-6010	51	32	activities	activity	NOUN
fbem-6010	51	33	and	and	CCONJ
fbem-6010	51	34	obtain	obtain	VERB
fbem-6010	51	35	long	long	ADJ
fbem-6010	51	36	-	-	PUNCT
fbem-6010	51	37	term	term	NOUN
fbem-6010	51	38	returns	return	NOUN
fbem-6010	51	39	(	(	PUNCT
fbem-6010	51	40	armstrong	armstrong	PROPN
fbem-6010	51	41	,	,	PUNCT
fbem-6010	51	42	2012	2012	NUM
fbem-6010	51	43	)	)	PUNCT
fbem-6010	51	44	.	.	PUNCT
fbem-6010	52	1	from	from	ADP
fbem-6010	52	2	the	the	DET
fbem-6010	52	3	perspective	perspective	NOUN
fbem-6010	52	4	of	of	ADP
fbem-6010	52	5	non	non	ADJ
fbem-6010	52	6	-	-	NOUN
fbem-6010	52	7	management	management	ADJ
fbem-6010	52	8	,	,	PUNCT
fbem-6010	52	9	such	such	ADJ
fbem-6010	52	10	as	as	ADP
fbem-6010	52	11	core	core	NOUN
fbem-6010	52	12	technicians	technician	NOUN
fbem-6010	52	13	,	,	PUNCT
fbem-6010	52	14	equity	equity	NOUN
fbem-6010	52	15	incentive	incentive	NOUN
fbem-6010	52	16	will	will	AUX
fbem-6010	52	17	not	not	PART
fbem-6010	52	18	only	only	ADV
fbem-6010	52	19	give	give	VERB
fbem-6010	52	20	them	they	PRON
fbem-6010	52	21	the	the	DET
fbem-6010	52	22	possibility	possibility	NOUN
fbem-6010	52	23	of	of	ADP
fbem-6010	52	24	personal	personal	ADJ
fbem-6010	52	25	wealth	wealth	NOUN
fbem-6010	52	26	appreciation	appreciation	NOUN
fbem-6010	52	27	,	,	PUNCT
fbem-6010	52	28	but	but	CCONJ
fbem-6010	52	29	also	also	ADV
fbem-6010	52	30	may	may	AUX
fbem-6010	52	31	realize	realize	VERB
fbem-6010	52	32	the	the	DET
fbem-6010	52	33	identity	identity	NOUN
fbem-6010	52	34	transformation	transformation	NOUN
fbem-6010	52	35	from	from	ADP
fbem-6010	52	36	employee	employee	NOUN
fbem-6010	52	37	to	to	ADP
fbem-6010	52	38	enterprise	enterprise	NOUN
fbem-6010	52	39	owner	owner	NOUN
fbem-6010	52	40	.	.	PUNCT
fbem-6010	53	1	to	to	ADP
fbem-6010	53	2	some	some	DET
fbem-6010	53	3	extent	extent	NOUN
fbem-6010	53	4	,	,	PUNCT
fbem-6010	53	5	this	this	PRON
fbem-6010	53	6	will	will	AUX
fbem-6010	53	7	enhance	enhance	VERB
fbem-6010	53	8	their	their	PRON
fbem-6010	53	9	sense	sense	NOUN
fbem-6010	53	10	of	of	ADP
fbem-6010	53	11	identity	identity	NOUN
fbem-6010	53	12	and	and	CCONJ
fbem-6010	53	13	belonging	belong	VERB
fbem-6010	53	14	to	to	ADP
fbem-6010	53	15	the	the	DET
fbem-6010	53	16	enterprise	enterprise	NOUN
fbem-6010	53	17	,	,	PUNCT
fbem-6010	53	18	and	and	CCONJ
fbem-6010	53	19	promote	promote	VERB
fbem-6010	53	20	their	their	PRON
fbem-6010	53	21	human	human	ADJ
fbem-6010	53	22	capital	capital	NOUN
fbem-6010	53	23	to	to	PART
fbem-6010	53	24	play	play	VERB
fbem-6010	53	25	a	a	DET
fbem-6010	53	26	greater	great	ADJ
fbem-6010	53	27	role	role	NOUN
fbem-6010	53	28	.	.	PUNCT
fbem-6010	54	1	at	at	ADP
fbem-6010	54	2	the	the	DET
fbem-6010	54	3	same	same	ADJ
fbem-6010	54	4	time	time	NOUN
fbem-6010	54	5	,	,	PUNCT
fbem-6010	54	6	it	it	PRON
fbem-6010	54	7	will	will	AUX
fbem-6010	54	8	also	also	ADV
fbem-6010	54	9	improve	improve	VERB
fbem-6010	54	10	the	the	DET
fbem-6010	54	11	cohesion	cohesion	NOUN
fbem-6010	54	12	and	and	CCONJ
fbem-6010	54	13	centripetal	centripetal	ADJ
fbem-6010	54	14	force	force	NOUN
fbem-6010	54	15	of	of	ADP
fbem-6010	54	16	the	the	DET
fbem-6010	54	17	team	team	NOUN
fbem-6010	54	18	,	,	PUNCT
fbem-6010	54	19	maintain	maintain	VERB
fbem-6010	54	20	the	the	DET
fbem-6010	54	21	stability	stability	NOUN
fbem-6010	54	22	of	of	ADP
fbem-6010	54	23	the	the	DET
fbem-6010	54	24	core	core	NOUN
fbem-6010	54	25	team	team	NOUN
fbem-6010	54	26	,	,	PUNCT
fbem-6010	54	27	ensure	ensure	VERB
fbem-6010	54	28	the	the	DET
fbem-6010	54	29	continuous	continuous	ADJ
fbem-6010	54	30	progress	progress	NOUN
fbem-6010	54	31	of	of	ADP
fbem-6010	54	32	technological	technological	ADJ
fbem-6010	54	33	innovation	innovation	NOUN
fbem-6010	54	34	activities	activity	NOUN
fbem-6010	54	35	,	,	PUNCT
fbem-6010	54	36	and	and	CCONJ
fbem-6010	54	37	thus	thus	ADV
fbem-6010	54	38	affect	affect	VERB
fbem-6010	54	39	the	the	DET
fbem-6010	54	40	value	value	NOUN
fbem-6010	54	41	of	of	ADP
fbem-6010	54	42	the	the	DET
fbem-6010	54	43	enterprise	enterprise	NOUN
fbem-6010	54	44	.	.	PUNCT
fbem-6010	55	1	enterprises	enterprise	NOUN
fbem-6010	55	2	can	can	AUX
fbem-6010	55	3	bind	bind	VERB
fbem-6010	55	4	the	the	DET
fbem-6010	55	5	interests	interest	NOUN
fbem-6010	55	6	of	of	ADP
fbem-6010	55	7	the	the	DET
fbem-6010	55	8	motivated	motivated	ADJ
fbem-6010	55	9	objects	object	NOUN
fbem-6010	55	10	through	through	ADP
fbem-6010	55	11	equity	equity	NOUN
fbem-6010	55	12	incentive	incentive	NOUN
fbem-6010	55	13	,	,	PUNCT
fbem-6010	55	14	restrain	restrain	VERB
fbem-6010	55	15	their	their	PRON
fbem-6010	55	16	short	short	ADJ
fbem-6010	55	17	-	-	PUNCT
fbem-6010	55	18	sighted	sighted	ADJ
fbem-6010	55	19	behavior	behavior	NOUN
fbem-6010	55	20	,	,	PUNCT
fbem-6010	55	21	and	and	CCONJ
fbem-6010	55	22	affect	affect	VERB
fbem-6010	55	23	their	their	PRON
fbem-6010	55	24	enthusiasm	enthusiasm	NOUN
fbem-6010	55	25	for	for	ADP
fbem-6010	55	26	innovation	innovation	NOUN
fbem-6010	55	27	activities	activity	NOUN
fbem-6010	55	28	,	,	PUNCT
fbem-6010	55	29	which	which	PRON
fbem-6010	55	30	will	will	AUX
fbem-6010	55	31	have	have	VERB
fbem-6010	55	32	a	a	DET
fbem-6010	55	33	certain	certain	ADJ
fbem-6010	55	34	impact	impact	NOUN
fbem-6010	55	35	on	on	ADP
fbem-6010	55	36	the	the	DET
fbem-6010	55	37	innovation	innovation	NOUN
fbem-6010	55	38	investment	investment	NOUN
fbem-6010	55	39	of	of	ADP
fbem-6010	55	40	enterprises	enterprise	NOUN
fbem-6010	55	41	.	.	PUNCT
fbem-6010	56	1	however	however	ADV
fbem-6010	56	2	,	,	PUNCT
fbem-6010	56	3	when	when	SCONJ
fbem-6010	56	4	conducting	conduct	VERB
fbem-6010	56	5	equity	equity	NOUN
fbem-6010	56	6	incentive	incentive	NOUN
fbem-6010	56	7	,	,	PUNCT
fbem-6010	56	8	the	the	DET
fbem-6010	56	9	incentive	incentive	NOUN
fbem-6010	56	10	intensity	intensity	NOUN
fbem-6010	56	11	of	of	ADP
fbem-6010	56	12	enterprise	enterprise	NOUN
fbem-6010	56	13	choice	choice	NOUN
fbem-6010	56	14	will	will	AUX
fbem-6010	56	15	be	be	AUX
fbem-6010	56	16	different	different	ADJ
fbem-6010	56	17	.	.	PUNCT
fbem-6010	57	1	the	the	DET
fbem-6010	57	2	intensity	intensity	NOUN
fbem-6010	57	3	of	of	ADP
fbem-6010	57	4	equity	equity	NOUN
fbem-6010	57	5	incentive	incentive	NOUN
fbem-6010	57	6	not	not	PART
fbem-6010	57	7	only	only	ADV
fbem-6010	57	8	affects	affect	VERB
fbem-6010	57	9	the	the	DET
fbem-6010	57	10	income	income	NOUN
fbem-6010	57	11	obtained	obtain	VERB
fbem-6010	57	12	by	by	ADP
fbem-6010	57	13	the	the	DET
fbem-6010	57	14	incentive	incentive	NOUN
fbem-6010	57	15	object	object	NOUN
fbem-6010	57	16	from	from	ADP
fbem-6010	57	17	the	the	DET
fbem-6010	57	18	community	community	NOUN
fbem-6010	57	19	of	of	ADP
fbem-6010	57	20	interests	interest	NOUN
fbem-6010	57	21	,	,	PUNCT
fbem-6010	57	22	but	but	CCONJ
fbem-6010	57	23	also	also	ADV
fbem-6010	57	24	has	have	VERB
fbem-6010	57	25	an	an	DET
fbem-6010	57	26	impact	impact	NOUN
fbem-6010	57	27	on	on	ADP
fbem-6010	57	28	the	the	DET
fbem-6010	57	29	enterprise	enterprise	NOUN
fbem-6010	57	30	innovation	innovation	NOUN
fbem-6010	57	31	investment	investment	NOUN
fbem-6010	57	32	.	.	PUNCT
fbem-6010	58	1	jesnsen	jesnsen	PROPN
fbem-6010	58	2	and	and	CCONJ
fbem-6010	58	3	meckling	meckling	NOUN
fbem-6010	58	4	(	(	PUNCT
fbem-6010	58	5	1976	1976	NUM
fbem-6010	58	6	)	)	PUNCT
fbem-6010	58	7	found	find	VERB
fbem-6010	58	8	that	that	SCONJ
fbem-6010	58	9	the	the	PRON
fbem-6010	58	10	higher	high	ADJ
fbem-6010	58	11	the	the	DET
fbem-6010	58	12	intensity	intensity	NOUN
fbem-6010	58	13	of	of	ADP
fbem-6010	58	14	equity	equity	NOUN
fbem-6010	58	15	incentive	incentive	NOUN
fbem-6010	58	16	,	,	PUNCT
fbem-6010	58	17	the	the	PRON
fbem-6010	58	18	closer	close	ADJ
fbem-6010	58	19	the	the	DET
fbem-6010	58	20	connection	connection	NOUN
fbem-6010	58	21	between	between	ADP
fbem-6010	58	22	the	the	DET
fbem-6010	58	23	income	income	NOUN
fbem-6010	58	24	of	of	ADP
fbem-6010	58	25	the	the	DET
fbem-6010	58	26	incentive	incentive	NOUN
fbem-6010	58	27	object	object	NOUN
fbem-6010	58	28	and	and	CCONJ
fbem-6010	58	29	the	the	DET
fbem-6010	58	30	stock	stock	NOUN
fbem-6010	58	31	price	price	NOUN
fbem-6010	58	32	,	,	PUNCT
fbem-6010	58	33	and	and	CCONJ
fbem-6010	58	34	the	the	PRON
fbem-6010	58	35	higher	high	ADJ
fbem-6010	58	36	the	the	DET
fbem-6010	58	37	profit	profit	NOUN
fbem-6010	58	38	of	of	ADP
fbem-6010	58	39	the	the	DET
fbem-6010	58	40	incentive	incentive	NOUN
fbem-6010	58	41	object	object	NOUN
fbem-6010	58	42	from	from	ADP
fbem-6010	58	43	the	the	DET
fbem-6010	58	44	perspective	perspective	NOUN
fbem-6010	58	45	of	of	ADP
fbem-6010	58	46	the	the	DET
fbem-6010	58	47	enterprise	enterprise	NOUN
fbem-6010	58	48	owner	owner	NOUN
fbem-6010	58	49	.	.	PUNCT
fbem-6010	59	1	in	in	ADP
fbem-6010	59	2	addition	addition	NOUN
fbem-6010	59	3	,	,	PUNCT
fbem-6010	59	4	as	as	ADV
fbem-6010	59	5	long	long	ADV
fbem-6010	59	6	as	as	SCONJ
fbem-6010	59	7	the	the	DET
fbem-6010	59	8	incentive	incentive	NOUN
fbem-6010	59	9	object	object	NOUN
fbem-6010	59	10	completes	complete	VERB
fbem-6010	59	11	the	the	DET
fbem-6010	59	12	agreed	agree	VERB
fbem-6010	59	13	performance	performance	NOUN
fbem-6010	59	14	assessment	assessment	NOUN
fbem-6010	59	15	target	target	NOUN
fbem-6010	59	16	,	,	PUNCT
fbem-6010	59	17	it	it	PRON
fbem-6010	59	18	can	can	AUX
fbem-6010	59	19	obtain	obtain	VERB
fbem-6010	59	20	the	the	DET
fbem-6010	59	21	stock	stock	NOUN
fbem-6010	59	22	of	of	ADP
fbem-6010	59	23	the	the	DET
fbem-6010	59	24	company	company	NOUN
fbem-6010	59	25	,	,	PUNCT
fbem-6010	59	26	so	so	SCONJ
fbem-6010	59	27	that	that	SCONJ
fbem-6010	59	28	the	the	DET
fbem-6010	59	29	incentive	incentive	NOUN
fbem-6010	59	30	object	object	NOUN
fbem-6010	59	31	can	can	AUX
fbem-6010	59	32	share	share	VERB
fbem-6010	59	33	the	the	DET
fbem-6010	59	34	surplus	surplus	ADJ
fbem-6010	59	35	value	value	NOUN
fbem-6010	59	36	of	of	ADP
fbem-6010	59	37	the	the	DET
fbem-6010	59	38	enterprise	enterprise	NOUN
fbem-6010	59	39	,	,	PUNCT
fbem-6010	59	40	and	and	CCONJ
fbem-6010	59	41	then	then	ADV
fbem-6010	59	42	obtain	obtain	VERB
fbem-6010	59	43	more	more	ADJ
fbem-6010	59	44	profits	profit	NOUN
fbem-6010	59	45	from	from	ADP
fbem-6010	59	46	it	it	PRON
fbem-6010	59	47	.	.	PUNCT
fbem-6010	60	1	in	in	ADP
fbem-6010	60	2	the	the	DET
fbem-6010	60	3	long	long	ADJ
fbem-6010	60	4	run	run	NOUN
fbem-6010	60	5	,	,	PUNCT
fbem-6010	60	6	the	the	DET
fbem-6010	60	7	r	r	NOUN
fbem-6010	60	8	&	&	CCONJ
fbem-6010	60	9	d	d	PROPN
fbem-6010	60	10	and	and	CCONJ
fbem-6010	60	11	innovation	innovation	NOUN
fbem-6010	60	12	activities	activity	NOUN
fbem-6010	60	13	with	with	ADP
fbem-6010	60	14	long	long	ADJ
fbem-6010	60	15	cycle	cycle	NOUN
fbem-6010	60	16	and	and	CCONJ
fbem-6010	60	17	high	high	ADJ
fbem-6010	60	18	risk	risk	NOUN
fbem-6010	60	19	can	can	AUX
fbem-6010	60	20	better	well	ADV
fbem-6010	60	21	enhance	enhance	VERB
fbem-6010	60	22	the	the	DET
fbem-6010	60	23	competitiveness	competitiveness	NOUN
fbem-6010	60	24	of	of	ADP
fbem-6010	60	25	enterprises	enterprise	NOUN
fbem-6010	60	26	,	,	PUNCT
fbem-6010	60	27	which	which	PRON
fbem-6010	60	28	is	be	AUX
fbem-6010	60	29	conducive	conducive	ADJ
fbem-6010	60	30	to	to	ADP
fbem-6010	60	31	the	the	DET
fbem-6010	60	32	long	long	ADJ
fbem-6010	60	33	-	-	PUNCT
fbem-6010	60	34	term	term	NOUN
fbem-6010	60	35	healthy	healthy	ADJ
fbem-6010	60	36	development	development	NOUN
fbem-6010	60	37	of	of	ADP
fbem-6010	60	38	enterprises	enterprise	NOUN
fbem-6010	60	39	.	.	PUNCT
fbem-6010	61	1	in	in	ADP
fbem-6010	61	2	addition	addition	NOUN
fbem-6010	61	3	,	,	PUNCT
fbem-6010	61	4	as	as	ADP
fbem-6010	61	5	the	the	DET
fbem-6010	61	6	intensity	intensity	NOUN
fbem-6010	61	7	of	of	ADP
fbem-6010	61	8	equity	equity	NOUN
fbem-6010	61	9	incentive	incentive	NOUN
fbem-6010	61	10	,	,	PUNCT
fbem-6010	61	11	incentive	incentive	ADJ
fbem-6010	61	12	object	object	NOUN
fbem-6010	61	13	holdings	holding	NOUN
fbem-6010	61	14	will	will	AUX
fbem-6010	61	15	increase	increase	VERB
fbem-6010	61	16	,	,	PUNCT
fbem-6010	61	17	the	the	DET
fbem-6010	61	18	incentive	incentive	NOUN
fbem-6010	61	19	object	object	NOUN
fbem-6010	61	20	and	and	CCONJ
fbem-6010	61	21	shareholders	shareholder	NOUN
fbem-6010	61	22	in	in	ADP
fbem-6010	61	23	a	a	DET
fbem-6010	61	24	state	state	NOUN
fbem-6010	61	25	of	of	ADP
fbem-6010	61	26	community	community	NOUN
fbem-6010	61	27	,	,	PUNCT
fbem-6010	61	28	in	in	ADP
fbem-6010	61	29	this	this	DET
fbem-6010	61	30	state	state	NOUN
fbem-6010	61	31	,	,	PUNCT
fbem-6010	61	32	"	"	PUNCT
fbem-6010	61	33	benefit	benefit	NOUN
fbem-6010	61	34	convergence	convergence	NOUN
fbem-6010	61	35	"	"	PUNCT
fbem-6010	61	36	utility	utility	NOUN
fbem-6010	61	37	will	will	AUX
fbem-6010	61	38	be	be	AUX
fbem-6010	61	39	higher	high	ADJ
fbem-6010	61	40	than	than	SCONJ
fbem-6010	61	41	"	"	PUNCT
fbem-6010	61	42	profit	profit	NOUN
fbem-6010	61	43	trenches	trench	NOUN
fbem-6010	61	44	"	"	PUNCT
fbem-6010	61	45	utility	utility	NOUN
fbem-6010	61	46	(	(	PUNCT
fbem-6010	61	47	wu	wu	PROPN
fbem-6010	61	48	juan	juan	PROPN
fbem-6010	61	49	,	,	PUNCT
fbem-6010	61	50	2017	2017	NUM
fbem-6010	61	51	)	)	PUNCT
fbem-6010	61	52	,	,	PUNCT
fbem-6010	61	53	the	the	DET
fbem-6010	61	54	company	company	NOUN
fbem-6010	61	55	's	's	PART
fbem-6010	61	56	stock	stock	NOUN
fbem-6010	61	57	price	price	NOUN
fbem-6010	61	58	fluctuations	fluctuation	NOUN
fbem-6010	61	59	and	and	CCONJ
fbem-6010	61	60	the	the	DET
fbem-6010	61	61	link	link	NOUN
fbem-6010	61	62	between	between	ADP
fbem-6010	61	63	incentive	incentive	NOUN
fbem-6010	61	64	object	object	NOUN
fbem-6010	61	65	earnings	earning	NOUN
fbem-6010	61	66	fluctuations	fluctuation	NOUN
fbem-6010	61	67	will	will	AUX
fbem-6010	61	68	be	be	AUX
fbem-6010	61	69	more	more	ADV
fbem-6010	61	70	closely	closely	ADV
fbem-6010	61	71	.	.	PUNCT
fbem-6010	62	1	in	in	ADP
fbem-6010	62	2	order	order	NOUN
fbem-6010	62	3	to	to	PART
fbem-6010	62	4	obtain	obtain	VERB
fbem-6010	62	5	more	more	ADJ
fbem-6010	62	6	income	income	NOUN
fbem-6010	62	7	from	from	ADP
fbem-6010	62	8	the	the	DET
fbem-6010	62	9	equity	equity	NOUN
fbem-6010	62	10	incentive	incentive	NOUN
fbem-6010	62	11	,	,	PUNCT
fbem-6010	62	12	the	the	DET
fbem-6010	62	13	incentive	incentive	NOUN
fbem-6010	62	14	object	object	NOUN
fbem-6010	62	15	will	will	AUX
fbem-6010	62	16	pay	pay	VERB
fbem-6010	62	17	more	more	ADJ
fbem-6010	62	18	attention	attention	NOUN
fbem-6010	62	19	to	to	ADP
fbem-6010	62	20	technological	technological	ADJ
fbem-6010	62	21	innovation	innovation	NOUN
fbem-6010	62	22	and	and	CCONJ
fbem-6010	62	23	the	the	DET
fbem-6010	62	24	long	long	ADJ
fbem-6010	62	25	-	-	PUNCT
fbem-6010	62	26	term	term	NOUN
fbem-6010	62	27	development	development	NOUN
fbem-6010	62	28	of	of	ADP
fbem-6010	62	29	the	the	DET
fbem-6010	62	30	company	company	NOUN
fbem-6010	62	31	,	,	PUNCT
fbem-6010	62	32	promote	promote	VERB
fbem-6010	62	33	the	the	DET
fbem-6010	62	34	improvement	improvement	NOUN
fbem-6010	62	35	of	of	ADP
fbem-6010	62	36	the	the	DET
fbem-6010	62	37	company	company	NOUN
fbem-6010	62	38	's	's	PART
fbem-6010	62	39	stock	stock	NOUN
fbem-6010	62	40	price	price	NOUN
fbem-6010	62	41	,	,	PUNCT
fbem-6010	62	42	and	and	CCONJ
fbem-6010	62	43	also	also	ADV
fbem-6010	62	44	have	have	VERB
fbem-6010	62	45	an	an	DET
fbem-6010	62	46	impact	impact	NOUN
fbem-6010	62	47	on	on	ADP
fbem-6010	62	48	the	the	DET
fbem-6010	62	49	value	value	NOUN
fbem-6010	62	50	rate	rate	NOUN
fbem-6010	62	51	of	of	ADP
fbem-6010	62	52	the	the	DET
fbem-6010	62	53	enterprise	enterprise	NOUN
fbem-6010	62	54	.	.	PUNCT
fbem-6010	63	1	based	base	VERB
fbem-6010	63	2	on	on	ADP
fbem-6010	63	3	the	the	DET
fbem-6010	63	4	above	above	ADJ
fbem-6010	63	5	analysis	analysis	NOUN
fbem-6010	63	6	,	,	PUNCT
fbem-6010	63	7	the	the	DET
fbem-6010	63	8	following	follow	VERB
fbem-6010	63	9	assumptions	assumption	NOUN
fbem-6010	63	10	are	be	AUX
fbem-6010	63	11	proposed	propose	VERB
fbem-6010	63	12	:	:	PUNCT
fbem-6010	63	13	h4	h4	NOUN
fbem-6010	63	14	:	:	PUNCT
fbem-6010	63	15	the	the	PRON
fbem-6010	63	16	greater	great	ADJ
fbem-6010	63	17	the	the	DET
fbem-6010	63	18	equity	equity	NOUN
fbem-6010	63	19	incentive	incentive	NOUN
fbem-6010	63	20	intensity	intensity	NOUN
fbem-6010	63	21	of	of	ADP
fbem-6010	63	22	enterprises	enterprise	NOUN
fbem-6010	63	23	in	in	ADP
fbem-6010	63	24	the	the	DET
fbem-6010	63	25	star	star	NOUN
fbem-6010	63	26	market	market	NOUN
fbem-6010	63	27	,	,	PUNCT
fbem-6010	63	28	the	the	PRON
fbem-6010	63	29	more	more	ADV
fbem-6010	63	30	conducive	conducive	ADJ
fbem-6010	63	31	the	the	DET
fbem-6010	63	32	enterprise	enterprise	NOUN
fbem-6010	63	33	innovation	innovation	NOUN
fbem-6010	63	34	investment	investment	NOUN
fbem-6010	63	35	is	be	AUX
fbem-6010	63	36	to	to	ADP
fbem-6010	63	37	the	the	DET
fbem-6010	63	38	improvement	improvement	NOUN
fbem-6010	63	39	of	of	ADP
fbem-6010	63	40	enterprise	enterprise	NOUN
fbem-6010	63	41	value	value	NOUN
fbem-6010	63	42	.	.	PUNCT
fbem-6010	64	1	technology	technology	NOUN
fbem-6010	64	2	innovation	innovation	NOUN
fbem-6010	64	3	activities	activity	NOUN
fbem-6010	64	4	usually	usually	ADV
fbem-6010	64	5	need	need	VERB
fbem-6010	64	6	a	a	DET
fbem-6010	64	7	long	long	ADJ
fbem-6010	64	8	time	time	NOUN
fbem-6010	64	9	to	to	PART
fbem-6010	64	10	bring	bring	VERB
fbem-6010	64	11	returns	return	NOUN
fbem-6010	64	12	to	to	ADP
fbem-6010	64	13	the	the	DET
fbem-6010	64	14	enterprise	enterprise	NOUN
fbem-6010	64	15	,	,	PUNCT
fbem-6010	64	16	the	the	DET
fbem-6010	64	17	design	design	NOUN
fbem-6010	64	18	equity	equity	NOUN
fbem-6010	64	19	incentive	incentive	NOUN
fbem-6010	64	20	plan	plan	NOUN
fbem-6010	64	21	to	to	PART
fbem-6010	64	22	fully	fully	ADV
fbem-6010	64	23	consider	consider	VERB
fbem-6010	64	24	the	the	DET
fbem-6010	64	25	process	process	NOUN
fbem-6010	64	26	of	of	ADP
fbem-6010	64	27	innovation	innovation	NOUN
fbem-6010	64	28	activities	activity	NOUN
fbem-6010	64	29	,	,	PUNCT
fbem-6010	64	30	set	set	VERB
fbem-6010	64	31	up	up	ADP
fbem-6010	64	32	the	the	DET
fbem-6010	64	33	reasonable	reasonable	ADJ
fbem-6010	64	34	incentive	incentive	NOUN
fbem-6010	64	35	period	period	NOUN
fbem-6010	64	36	of	of	ADP
fbem-6010	64	37	validity	validity	NOUN
fbem-6010	64	38	,	,	PUNCT
fbem-6010	64	39	to	to	PART
fbem-6010	64	40	make	make	VERB
fbem-6010	64	41	the	the	DET
fbem-6010	64	42	incentive	incentive	NOUN
fbem-6010	64	43	object	object	NOUN
fbem-6010	64	44	can	can	AUX
fbem-6010	64	45	benefit	benefit	VERB
fbem-6010	64	46	from	from	ADP
fbem-6010	64	47	innovation	innovation	NOUN
fbem-6010	64	48	activities	activity	NOUN
fbem-6010	64	49	,	,	PUNCT
fbem-6010	64	50	and	and	CCONJ
fbem-6010	64	51	better	well	ADV
fbem-6010	64	52	stimulate	stimulate	VERB
fbem-6010	64	53	the	the	DET
fbem-6010	64	54	motivation	motivation	NOUN
fbem-6010	64	55	of	of	ADP
fbem-6010	64	56	innovation	innovation	NOUN
fbem-6010	64	57	activities	activity	NOUN
fbem-6010	64	58	,	,	PUNCT
fbem-6010	64	59	further	far	ADV
fbem-6010	64	60	affect	affect	VERB
fbem-6010	64	61	the	the	DET
fbem-6010	64	62	efficiency	efficiency	NOUN
fbem-6010	64	63	of	of	ADP
fbem-6010	64	64	technology	technology	NOUN
fbem-6010	64	65	innovation	innovation	NOUN
fbem-6010	64	66	.	.	PUNCT
fbem-6010	65	1	when	when	SCONJ
fbem-6010	65	2	the	the	DET
fbem-6010	65	3	validity	validity	NOUN
fbem-6010	65	4	period	period	NOUN
fbem-6010	65	5	of	of	ADP
fbem-6010	65	6	equity	equity	NOUN
fbem-6010	65	7	incentive	incentive	NOUN
fbem-6010	65	8	is	be	AUX
fbem-6010	65	9	short	short	ADJ
fbem-6010	65	10	,	,	PUNCT
fbem-6010	65	11	the	the	DET
fbem-6010	65	12	incentive	incentive	NOUN
fbem-6010	65	13	object	object	NOUN
fbem-6010	65	14	may	may	AUX
fbem-6010	65	15	pay	pay	VERB
fbem-6010	65	16	more	more	ADJ
fbem-6010	65	17	attention	attention	NOUN
fbem-6010	65	18	to	to	ADP
fbem-6010	65	19	the	the	DET
fbem-6010	65	20	improvement	improvement	NOUN
fbem-6010	65	21	of	of	ADP
fbem-6010	65	22	shortterm	shortterm	PROPN
fbem-6010	65	23	performance	performance	NOUN
fbem-6010	65	24	,	,	PUNCT
fbem-6010	65	25	and	and	CCONJ
fbem-6010	65	26	avoid	avoid	VERB
fbem-6010	65	27	the	the	DET
fbem-6010	65	28	technological	technological	ADJ
fbem-6010	65	29	innovation	innovation	NOUN
fbem-6010	65	30	activities	activity	NOUN
fbem-6010	65	31	with	with	ADP
fbem-6010	65	32	large	large	ADJ
fbem-6010	65	33	risk	risk	NOUN
fbem-6010	65	34	and	and	CCONJ
fbem-6010	65	35	long	long	ADJ
fbem-6010	65	36	cycle	cycle	NOUN
fbem-6010	65	37	,	,	PUNCT
fbem-6010	65	38	so	so	SCONJ
fbem-6010	65	39	as	as	SCONJ
fbem-6010	65	40	not	not	PART
fbem-6010	65	41	to	to	PART
fbem-6010	65	42	affect	affect	VERB
fbem-6010	65	43	their	their	PRON
fbem-6010	65	44	own	own	ADJ
fbem-6010	65	45	income	income	NOUN
fbem-6010	65	46	,	,	PUNCT
fbem-6010	65	47	which	which	PRON
fbem-6010	65	48	may	may	AUX
fbem-6010	65	49	not	not	PART
fbem-6010	65	50	be	be	AUX
fbem-6010	65	51	conducive	conducive	ADJ
fbem-6010	65	52	to	to	ADP
fbem-6010	65	53	the	the	DET
fbem-6010	65	54	enterprise	enterprise	NOUN
fbem-6010	65	55	innovation	innovation	NOUN
fbem-6010	65	56	activities	activity	NOUN
fbem-6010	65	57	.	.	PUNCT
fbem-6010	66	1	however	however	ADV
fbem-6010	66	2	,	,	PUNCT
fbem-6010	66	3	with	with	ADP
fbem-6010	66	4	the	the	DET
fbem-6010	66	5	extension	extension	NOUN
fbem-6010	66	6	of	of	ADP
fbem-6010	66	7	the	the	DET
fbem-6010	66	8	validity	validity	NOUN
fbem-6010	66	9	period	period	NOUN
fbem-6010	66	10	of	of	ADP
fbem-6010	66	11	equity	equity	NOUN
fbem-6010	66	12	incentive	incentive	NOUN
fbem-6010	66	13	,	,	PUNCT
fbem-6010	66	14	the	the	DET
fbem-6010	66	15	incentive	incentive	NOUN
fbem-6010	66	16	objects	object	NOUN
fbem-6010	66	17	will	will	AUX
fbem-6010	66	18	not	not	PART
fbem-6010	66	19	only	only	ADV
fbem-6010	66	20	restrain	restrain	VERB
fbem-6010	66	21	their	their	PRON
fbem-6010	66	22	own	own	ADJ
fbem-6010	66	23	short	short	ADJ
fbem-6010	66	24	-	-	PUNCT
fbem-6010	66	25	sighted	sighted	ADJ
fbem-6010	66	26	behavior	behavior	NOUN
fbem-6010	66	27	,	,	PUNCT
fbem-6010	66	28	but	but	CCONJ
fbem-6010	66	29	also	also	ADV
fbem-6010	66	30	make	make	VERB
fbem-6010	66	31	them	they	PRON
fbem-6010	66	32	pay	pay	VERB
fbem-6010	66	33	more	more	ADJ
fbem-6010	66	34	attention	attention	NOUN
fbem-6010	66	35	to	to	ADP
fbem-6010	66	36	the	the	DET
fbem-6010	66	37	role	role	NOUN
fbem-6010	66	38	of	of	ADP
fbem-6010	66	39	innovation	innovation	NOUN
fbem-6010	66	40	in	in	ADP
fbem-6010	66	41	the	the	DET
fbem-6010	66	42	long	long	ADJ
fbem-6010	66	43	-	-	PUNCT
fbem-6010	66	44	term	term	NOUN
fbem-6010	66	45	development	development	NOUN
fbem-6010	66	46	of	of	ADP
fbem-6010	66	47	enterprises	enterprise	NOUN
fbem-6010	66	48	.	.	PUNCT
fbem-6010	67	1	in	in	ADP
fbem-6010	67	2	addition	addition	NOUN
fbem-6010	67	3	,	,	PUNCT
fbem-6010	67	4	a	a	DET
fbem-6010	67	5	reasonable	reasonable	ADJ
fbem-6010	67	6	validity	validity	NOUN
fbem-6010	67	7	period	period	NOUN
fbem-6010	67	8	of	of	ADP
fbem-6010	67	9	equity	equity	NOUN
fbem-6010	67	10	incentive	incentive	NOUN
fbem-6010	67	11	is	be	AUX
fbem-6010	67	12	also	also	ADV
fbem-6010	67	13	conducive	conducive	ADJ
fbem-6010	67	14	to	to	ADP
fbem-6010	67	15	maintaining	maintain	VERB
fbem-6010	67	16	the	the	DET
fbem-6010	67	17	stability	stability	NOUN
fbem-6010	67	18	of	of	ADP
fbem-6010	67	19	the	the	DET
fbem-6010	67	20	core	core	NOUN
fbem-6010	67	21	team	team	NOUN
fbem-6010	67	22	.	.	PUNCT
fbem-6010	68	1	if	if	SCONJ
fbem-6010	68	2	the	the	DET
fbem-6010	68	3	incentive	incentive	NOUN
fbem-6010	68	4	object	object	NOUN
fbem-6010	68	5	leaves	leave	VERB
fbem-6010	68	6	within	within	ADP
fbem-6010	68	7	the	the	DET
fbem-6010	68	8	validity	validity	NOUN
fbem-6010	68	9	period	period	NOUN
fbem-6010	68	10	of	of	ADP
fbem-6010	68	11	the	the	DET
fbem-6010	68	12	equity	equity	NOUN
fbem-6010	68	13	incentive	incentive	NOUN
fbem-6010	68	14	,	,	PUNCT
fbem-6010	68	15	it	it	PRON
fbem-6010	68	16	is	be	AUX
fbem-6010	68	17	equivalent	equivalent	ADJ
fbem-6010	68	18	to	to	ADP
fbem-6010	68	19	giving	give	VERB
fbem-6010	68	20	up	up	ADP
fbem-6010	68	21	the	the	DET
fbem-6010	68	22	income	income	NOUN
fbem-6010	68	23	brought	bring	VERB
fbem-6010	68	24	by	by	ADP
fbem-6010	68	25	the	the	DET
fbem-6010	68	26	equity	equity	NOUN
fbem-6010	68	27	incentive	incentive	NOUN
fbem-6010	68	28	,	,	PUNCT
fbem-6010	68	29	which	which	PRON
fbem-6010	68	30	increases	increase	VERB
fbem-6010	68	31	the	the	DET
fbem-6010	68	32	resignation	resignation	NOUN
fbem-6010	68	33	cost	cost	NOUN
fbem-6010	68	34	of	of	ADP
fbem-6010	68	35	the	the	DET
fbem-6010	68	36	incentive	incentive	NOUN
fbem-6010	68	37	object	object	NOUN
fbem-6010	68	38	to	to	ADP
fbem-6010	68	39	a	a	DET
fbem-6010	68	40	certain	certain	ADJ
fbem-6010	68	41	extent	extent	NOUN
fbem-6010	68	42	.	.	PUNCT
fbem-6010	69	1	the	the	DET
fbem-6010	69	2	stability	stability	NOUN
fbem-6010	69	3	of	of	ADP
fbem-6010	69	4	the	the	DET
fbem-6010	69	5	core	core	NOUN
fbem-6010	69	6	team	team	NOUN
fbem-6010	69	7	is	be	AUX
fbem-6010	69	8	conducive	conducive	ADJ
fbem-6010	69	9	to	to	ADP
fbem-6010	69	10	the	the	DET
fbem-6010	69	11	orderly	orderly	ADJ
fbem-6010	69	12	promotion	promotion	NOUN
fbem-6010	69	13	of	of	ADP
fbem-6010	69	14	innovation	innovation	NOUN
fbem-6010	69	15	activities	activity	NOUN
fbem-6010	69	16	,	,	PUNCT
fbem-6010	69	17	and	and	CCONJ
fbem-6010	69	18	will	will	AUX
fbem-6010	69	19	also	also	ADV
fbem-6010	69	20	be	be	AUX
fbem-6010	69	21	more	more	ADV
fbem-6010	69	22	conducive	conducive	ADJ
fbem-6010	69	23	to	to	ADP
fbem-6010	69	24	the	the	DET
fbem-6010	69	25	improvement	improvement	NOUN
fbem-6010	69	26	of	of	ADP
fbem-6010	69	27	enterprise	enterprise	NOUN
fbem-6010	69	28	technological	technological	ADJ
fbem-6010	69	29	innovation	innovation	NOUN
fbem-6010	69	30	efficiency	efficiency	NOUN
fbem-6010	69	31	.	.	PUNCT
fbem-6010	70	1	therefore	therefore	ADV
fbem-6010	70	2	,	,	PUNCT
fbem-6010	70	3	the	the	DET
fbem-6010	70	4	equity	equity	NOUN
fbem-6010	70	5	incentive	incentive	NOUN
fbem-6010	70	6	lasting	last	VERB
fbem-6010	70	7	for	for	ADP
fbem-6010	70	8	a	a	DET
fbem-6010	70	9	long	long	ADJ
fbem-6010	70	10	time	time	NOUN
fbem-6010	70	11	can	can	AUX
fbem-6010	70	12	not	not	PART
fbem-6010	70	13	only	only	ADV
fbem-6010	70	14	enable	enable	VERB
fbem-6010	70	15	the	the	DET
fbem-6010	70	16	incentive	incentive	NOUN
fbem-6010	70	17	objects	object	NOUN
fbem-6010	70	18	to	to	PART
fbem-6010	70	19	share	share	VERB
fbem-6010	70	20	the	the	DET
fbem-6010	70	21	achievements	achievement	NOUN
fbem-6010	70	22	of	of	ADP
fbem-6010	70	23	the	the	DET
fbem-6010	70	24	innovation	innovation	NOUN
fbem-6010	70	25	activities	activity	NOUN
fbem-6010	70	26	of	of	ADP
fbem-6010	70	27	the	the	DET
fbem-6010	70	28	enterprises	enterprise	NOUN
fbem-6010	70	29	,	,	PUNCT
fbem-6010	70	30	but	but	CCONJ
fbem-6010	70	31	also	also	ADV
fbem-6010	70	32	retain	retain	VERB
fbem-6010	70	33	talents	talent	NOUN
fbem-6010	70	34	and	and	CCONJ
fbem-6010	70	35	ensure	ensure	VERB
fbem-6010	70	36	the	the	DET
fbem-6010	70	37	continuity	continuity	NOUN
fbem-6010	70	38	and	and	CCONJ
fbem-6010	70	39	continuity	continuity	NOUN
fbem-6010	70	40	of	of	ADP
fbem-6010	70	41	the	the	DET
fbem-6010	70	42	innovation	innovation	NOUN
fbem-6010	70	43	activities	activity	NOUN
fbem-6010	70	44	.	.	PUNCT
fbem-6010	71	1	gopalan	gopalan	PROPN
fbem-6010	71	2	(	(	PUNCT
fbem-6010	71	3	2014	2014	NUM
fbem-6010	71	4	)	)	PUNCT
fbem-6010	71	5	et	et	PROPN
fbem-6010	71	6	al	al	PROPN
fbem-6010	71	7	.	.	PROPN
fbem-6010	71	8	studied	study	VERB
fbem-6010	71	9	the	the	DET
fbem-6010	71	10	incentive	incentive	NOUN
fbem-6010	71	11	for	for	ADP
fbem-6010	71	12	enterprise	enterprise	NOUN
fbem-6010	71	13	ceos	ceos	NOUN
fbem-6010	71	14	,	,	PUNCT
fbem-6010	71	15	and	and	CCONJ
fbem-6010	71	16	found	find	VERB
fbem-6010	71	17	that	that	SCONJ
fbem-6010	71	18	when	when	SCONJ
fbem-6010	71	19	the	the	DET
fbem-6010	71	20	incentive	incentive	NOUN
fbem-6010	71	21	time	time	NOUN
fbem-6010	71	22	for	for	ADP
fbem-6010	71	23	ceo	ceo	NOUN
fbem-6010	71	24	is	be	AUX
fbem-6010	71	25	long	long	ADJ
fbem-6010	71	26	,	,	PUNCT
fbem-6010	71	27	the	the	DET
fbem-6010	71	28	research	research	NOUN
fbem-6010	71	29	and	and	CCONJ
fbem-6010	71	30	development	development	NOUN
fbem-6010	71	31	intensity	intensity	NOUN
fbem-6010	71	32	of	of	ADP
fbem-6010	71	33	enterprises	enterprise	NOUN
fbem-6010	71	34	will	will	AUX
fbem-6010	71	35	be	be	AUX
fbem-6010	71	36	improved	improve	VERB
fbem-6010	71	37	.	.	PUNCT
fbem-6010	72	1	in	in	ADP
fbem-6010	72	2	addition	addition	NOUN
fbem-6010	72	3	,	,	PUNCT
fbem-6010	72	4	with	with	ADP
fbem-6010	72	5	the	the	DET
fbem-6010	72	6	extension	extension	NOUN
fbem-6010	72	7	of	of	ADP
fbem-6010	72	8	the	the	DET
fbem-6010	72	9	validity	validity	NOUN
fbem-6010	72	10	period	period	NOUN
fbem-6010	72	11	of	of	ADP
fbem-6010	72	12	equity	equity	NOUN
fbem-6010	72	13	incentive	incentive	NOUN
fbem-6010	72	14	,	,	PUNCT
fbem-6010	72	15	the	the	DET
fbem-6010	72	16	incentive	incentive	NOUN
fbem-6010	72	17	object	object	NOUN
fbem-6010	72	18	will	will	AUX
fbem-6010	72	19	pay	pay	VERB
fbem-6010	72	20	more	more	ADJ
fbem-6010	72	21	attention	attention	NOUN
fbem-6010	72	22	to	to	ADP
fbem-6010	72	23	the	the	DET
fbem-6010	72	24	long	long	ADJ
fbem-6010	72	25	-	-	PUNCT
fbem-6010	72	26	term	term	NOUN
fbem-6010	72	27	development	development	NOUN
fbem-6010	72	28	of	of	ADP
fbem-6010	72	29	the	the	DET
fbem-6010	72	30	enterprise	enterprise	NOUN
fbem-6010	72	31	when	when	SCONJ
fbem-6010	72	32	making	make	VERB
fbem-6010	72	33	decisions	decision	NOUN
fbem-6010	72	34	,	,	PUNCT
fbem-6010	72	35	and	and	CCONJ
fbem-6010	72	36	the	the	DET
fbem-6010	72	37	motivated	motivated	ADJ
fbem-6010	72	38	object	object	NOUN
fbem-6010	72	39	will	will	AUX
fbem-6010	72	40	be	be	AUX
fbem-6010	72	41	more	more	ADV
fbem-6010	72	42	willing	willing	ADJ
fbem-6010	72	43	to	to	PART
fbem-6010	72	44	innovate	innovate	VERB
fbem-6010	72	45	,	,	PUNCT
fbem-6010	72	46	which	which	PRON
fbem-6010	72	47	will	will	AUX
fbem-6010	72	48	be	be	AUX
fbem-6010	72	49	more	more	ADV
fbem-6010	72	50	conducive	conducive	ADJ
fbem-6010	72	51	to	to	ADP
fbem-6010	72	52	enterprise	enterprise	NOUN
fbem-6010	72	53	innovation	innovation	NOUN
fbem-6010	72	54	(	(	PUNCT
fbem-6010	72	55	li	li	PROPN
fbem-6010	72	56	danmeng	danmeng	PROPN
fbem-6010	72	57	,	,	PUNCT
fbem-6010	72	58	2017	2017	NUM
fbem-6010	72	59	)	)	PUNCT
fbem-6010	72	60	.	.	PUNCT
fbem-6010	73	1	moreover	moreover	ADV
fbem-6010	73	2	,	,	PUNCT
fbem-6010	73	3	the	the	PRON
fbem-6010	73	4	longer	long	ADV
fbem-6010	73	5	the	the	DET
fbem-6010	73	6	validity	validity	NOUN
fbem-6010	73	7	period	period	NOUN
fbem-6010	73	8	of	of	ADP
fbem-6010	73	9	equity	equity	NOUN
fbem-6010	73	10	incentive	incentive	NOUN
fbem-6010	73	11	,	,	PUNCT
fbem-6010	73	12	more	more	ADJ
fbem-6010	73	13	constraints	constraint	NOUN
fbem-6010	73	14	and	and	CCONJ
fbem-6010	73	15	restrictions	restriction	NOUN
fbem-6010	73	16	will	will	AUX
fbem-6010	73	17	be	be	AUX
fbem-6010	73	18	brought	bring	VERB
fbem-6010	73	19	to	to	ADP
fbem-6010	73	20	the	the	DET
fbem-6010	73	21	incentive	incentive	NOUN
fbem-6010	73	22	object	object	NOUN
fbem-6010	73	23	,	,	PUNCT
fbem-6010	73	24	and	and	CCONJ
fbem-6010	73	25	equity	equity	NOUN
fbem-6010	73	26	incentive	incentive	NOUN
fbem-6010	73	27	will	will	AUX
fbem-6010	73	28	also	also	ADV
fbem-6010	73	29	play	play	VERB
fbem-6010	73	30	a	a	DET
fbem-6010	73	31	greater	great	ADJ
fbem-6010	73	32	role	role	NOUN
fbem-6010	73	33	(	(	PUNCT
fbem-6010	73	34	huang	huang	PROPN
fbem-6010	73	35	xinjian	xinjian	PROPN
fbem-6010	73	36	,	,	PUNCT
fbem-6010	73	37	2020	2020	NUM
fbem-6010	73	38	)	)	PUNCT
fbem-6010	73	39	.	.	PUNCT
fbem-6010	74	1	based	base	VERB
fbem-6010	74	2	on	on	ADP
fbem-6010	74	3	the	the	DET
fbem-6010	74	4	above	above	ADJ
fbem-6010	74	5	analysis	analysis	NOUN
fbem-6010	74	6	,	,	PUNCT
fbem-6010	74	7	the	the	DET
fbem-6010	74	8	following	follow	VERB
fbem-6010	74	9	assumptions	assumption	NOUN
fbem-6010	74	10	are	be	AUX
fbem-6010	74	11	proposed	propose	VERB
fbem-6010	74	12	:	:	PUNCT
fbem-6010	74	13	h5	h5	PROPN
fbem-6010	74	14	:	:	PUNCT
fbem-6010	74	15	the	the	PRON
fbem-6010	74	16	longer	long	ADV
fbem-6010	74	17	the	the	DET
fbem-6010	74	18	validity	validity	NOUN
fbem-6010	74	19	period	period	NOUN
fbem-6010	74	20	of	of	ADP
fbem-6010	74	21	equity	equity	NOUN
fbem-6010	74	22	incentive	incentive	NOUN
fbem-6010	74	23	,	,	PUNCT
fbem-6010	74	24	the	the	PRON
fbem-6010	74	25	more	more	ADV
fbem-6010	74	26	conducive	conducive	ADJ
fbem-6010	74	27	the	the	DET
fbem-6010	74	28	enterprise	enterprise	NOUN
fbem-6010	74	29	innovation	innovation	NOUN
fbem-6010	74	30	investment	investment	NOUN
fbem-6010	74	31	is	be	AUX
fbem-6010	74	32	to	to	ADP
fbem-6010	74	33	the	the	DET
fbem-6010	74	34	improvement	improvement	NOUN
fbem-6010	74	35	of	of	ADP
fbem-6010	74	36	enterprise	enterprise	NOUN
fbem-6010	74	37	value	value	NOUN
fbem-6010	74	38	.	.	PUNCT
fbem-6010	75	1	3	3	X
fbem-6010	75	2	.	.	X
fbem-6010	75	3	research	research	NOUN
fbem-6010	75	4	design	design	PROPN
fbem-6010	75	5	3.1	3.1	NUM
fbem-6010	75	6	.	.	PUNCT
fbem-6010	76	1	enterprise	enterprise	NOUN
fbem-6010	76	2	value	value	NOUN
fbem-6010	76	3	according	accord	VERB
fbem-6010	76	4	to	to	ADP
fbem-6010	76	5	the	the	DET
fbem-6010	76	6	connotation	connotation	NOUN
fbem-6010	76	7	analysis	analysis	NOUN
fbem-6010	76	8	of	of	ADP
fbem-6010	76	9	the	the	DET
fbem-6010	76	10	above	above	ADJ
fbem-6010	76	11	enterprise	enterprise	NOUN
fbem-6010	76	12	value	value	NOUN
fbem-6010	76	13	,	,	PUNCT
fbem-6010	76	14	the	the	DET
fbem-6010	76	15	value	value	NOUN
fbem-6010	76	16	of	of	ADP
fbem-6010	76	17	the	the	DET
fbem-6010	76	18	science	science	NOUN
fbem-6010	76	19	and	and	CCONJ
fbem-6010	76	20	technology	technology	NOUN
fbem-6010	76	21	innovation	innovation	NOUN
fbem-6010	76	22	board	board	NOUN
fbem-6010	76	23	enterprise	enterprise	NOUN
fbem-6010	76	24	is	be	AUX
fbem-6010	76	25	the	the	DET
fbem-6010	76	26	market	market	NOUN
fbem-6010	76	27	evaluation	evaluation	NOUN
fbem-6010	76	28	of	of	ADP
fbem-6010	76	29	the	the	DET
fbem-6010	76	30	value	value	NOUN
fbem-6010	76	31	of	of	ADP
fbem-6010	76	32	its	its	PRON
fbem-6010	76	33	tangible	tangible	ADJ
fbem-6010	76	34	and	and	CCONJ
fbem-6010	76	35	intangible	intangible	ADJ
fbem-6010	76	36	assets	asset	NOUN
fbem-6010	76	37	.	.	PUNCT
fbem-6010	77	1	the	the	DET
fbem-6010	77	2	value	value	NOUN
fbem-6010	77	3	of	of	ADP
fbem-6010	77	4	its	its	PRON
fbem-6010	77	5	tangible	tangible	ADJ
fbem-6010	77	6	assets	asset	NOUN
fbem-6010	77	7	can	can	AUX
fbem-6010	77	8	be	be	AUX
fbem-6010	77	9	reflected	reflect	VERB
fbem-6010	77	10	by	by	ADP
fbem-6010	77	11	financial	financial	ADJ
fbem-6010	77	12	indicators	indicator	NOUN
fbem-6010	77	13	,	,	PUNCT
fbem-6010	77	14	and	and	CCONJ
fbem-6010	77	15	the	the	DET
fbem-6010	77	16	value	value	NOUN
fbem-6010	77	17	of	of	ADP
fbem-6010	77	18	intangible	intangible	ADJ
fbem-6010	77	19	assets	asset	NOUN
fbem-6010	77	20	mainly	mainly	ADV
fbem-6010	77	21	refers	refer	VERB
fbem-6010	77	22	to	to	ADP
fbem-6010	77	23	the	the	DET
fbem-6010	77	24	future	future	ADJ
fbem-6010	77	25	value	value	NOUN
fbem-6010	77	26	appreciation	appreciation	NOUN
fbem-6010	77	27	brought	bring	VERB
fbem-6010	77	28	about	about	ADP
fbem-6010	77	29	by	by	ADP
fbem-6010	77	30	technology	technology	NOUN
fbem-6010	77	31	research	research	NOUN
fbem-6010	77	32	and	and	CCONJ
fbem-6010	77	33	development	development	NOUN
fbem-6010	77	34	and	and	CCONJ
fbem-6010	77	35	innovation	innovation	NOUN
fbem-6010	77	36	.	.	PUNCT
fbem-6010	78	1	in	in	ADP
fbem-6010	78	2	order	order	NOUN
fbem-6010	78	3	to	to	PART
fbem-6010	78	4	avoid	avoid	VERB
fbem-6010	78	5	the	the	DET
fbem-6010	78	6	onesidedness	onesidedness	NOUN
fbem-6010	78	7	of	of	ADP
fbem-6010	78	8	measuring	measure	VERB
fbem-6010	78	9	enterprise	enterprise	NOUN
fbem-6010	78	10	value	value	NOUN
fbem-6010	78	11	brought	bring	VERB
fbem-6010	78	12	by	by	ADP
fbem-6010	78	13	a	a	DET
fbem-6010	78	14	single	single	ADJ
fbem-6010	78	15	index	index	NOUN
fbem-6010	78	16	,	,	PUNCT
fbem-6010	78	17	refer	refer	VERB
fbem-6010	78	18	to	to	ADP
fbem-6010	78	19	the	the	DET
fbem-6010	78	20	practice	practice	NOUN
fbem-6010	78	21	of	of	ADP
fbem-6010	78	22	chen	chen	PROPN
fbem-6010	78	23	chen	chen	PROPN
fbem-6010	78	24	(	(	PUNCT
fbem-6010	78	25	2005	2005	NUM
fbem-6010	78	26	)	)	PUNCT
fbem-6010	78	27	,	,	PUNCT
fbem-6010	78	28	tao	tao	PROPN
fbem-6010	78	29	lijuan	lijuan	PROPN
fbem-6010	78	30	(	(	PUNCT
fbem-6010	78	31	2016	2016	NUM
fbem-6010	78	32	)	)	PUNCT
fbem-6010	78	33	(	(	PUNCT
fbem-6010	78	34	2016	2016	NUM
fbem-6010	78	35	)	)	PUNCT
fbem-6010	78	36	,	,	PUNCT
fbem-6010	78	37	yang	yang	PROPN
fbem-6010	78	38	xue	xue	PROPN
fbem-6010	78	39	(	(	PUNCT
fbem-6010	78	40	2019	2019	NUM
fbem-6010	78	41	)	)	PUNCT
fbem-6010	78	42	and	and	CCONJ
fbem-6010	78	43	geng	geng	PROPN
fbem-6010	78	44	jingjing	jingjing	PROPN
fbem-6010	78	45	(	(	PUNCT
fbem-6010	78	46	2019	2019	NUM
fbem-6010	78	47	)	)	PUNCT
fbem-6010	78	48	,	,	PUNCT
fbem-6010	78	49	and	and	CCONJ
fbem-6010	78	50	the	the	DET
fbem-6010	78	51	factor	factor	NOUN
fbem-6010	78	52	analysis	analysis	NOUN
fbem-6010	78	53	method	method	NOUN
fbem-6010	78	54	is	be	AUX
fbem-6010	78	55	adopted	adopt	VERB
fbem-6010	78	56	to	to	PART
fbem-6010	78	57	evaluate	evaluate	VERB
fbem-6010	78	58	the	the	DET
fbem-6010	78	59	enterprise	enterprise	NOUN
fbem-6010	78	60	value	value	NOUN
fbem-6010	78	61	of	of	ADP
fbem-6010	78	62	the	the	DET
fbem-6010	78	63	science	science	NOUN
fbem-6010	78	64	and	and	CCONJ
fbem-6010	78	65	technology	technology	NOUN
fbem-6010	78	66	innovation	innovation	NOUN
fbem-6010	78	67	board	board	PROPN
fbem-6010	78	68	.	.	PUNCT
fbem-6010	79	1	factor	factor	NOUN
fbem-6010	79	2	analysis	analysis	NOUN
fbem-6010	79	3	is	be	AUX
fbem-6010	79	4	widely	widely	ADV
fbem-6010	79	5	used	use	VERB
fbem-6010	79	6	as	as	ADP
fbem-6010	79	7	a	a	DET
fbem-6010	79	8	method	method	NOUN
fbem-6010	79	9	to	to	PART
fbem-6010	79	10	comprehensively	comprehensively	ADV
fbem-6010	79	11	evaluate	evaluate	VERB
fbem-6010	79	12	multiple	multiple	ADJ
fbem-6010	79	13	indicators	indicator	NOUN
fbem-6010	79	14	.	.	PUNCT
fbem-6010	80	1	more	more	ADJ
fbem-6010	80	2	data	datum	NOUN
fbem-6010	80	3	can	can	AUX
fbem-6010	80	4	be	be	AUX
fbem-6010	80	5	analyzed	analyze	VERB
fbem-6010	80	6	and	and	CCONJ
fbem-6010	80	7	processed	process	VERB
fbem-6010	80	8	,	,	PUNCT
fbem-6010	80	9	and	and	CCONJ
fbem-6010	80	10	finally	finally	ADV
fbem-6010	80	11	form	form	VERB
fbem-6010	80	12	several	several	ADJ
fbem-6010	80	13	important	important	ADJ
fbem-6010	80	14	factors	factor	NOUN
fbem-6010	80	15	,	,	PUNCT
fbem-6010	80	16	and	and	CCONJ
fbem-6010	80	17	then	then	ADV
fbem-6010	80	18	calculate	calculate	VERB
fbem-6010	80	19	the	the	DET
fbem-6010	80	20	comprehensive	comprehensive	ADJ
fbem-6010	80	21	score	score	NOUN
fbem-6010	80	22	.	.	PUNCT
fbem-6010	81	1	its	its	PRON
fbem-6010	81	2	benefit	benefit	NOUN
fbem-6010	81	3	is	be	AUX
fbem-6010	81	4	that	that	SCONJ
fbem-6010	81	5	it	it	PRON
fbem-6010	81	6	can	can	AUX
fbem-6010	81	7	help	help	VERB
fbem-6010	81	8	us	we	PRON
fbem-6010	81	9	to	to	PART
fbem-6010	81	10	fully	fully	ADV
fbem-6010	81	11	understand	understand	VERB
fbem-6010	81	12	the	the	DET
fbem-6010	81	13	characteristics	characteristic	NOUN
fbem-6010	81	14	of	of	ADP
fbem-6010	81	15	the	the	DET
fbem-6010	81	16	research	research	NOUN
fbem-6010	81	17	object	object	NOUN
fbem-6010	81	18	.	.	PUNCT
fbem-6010	82	1	based	base	VERB
fbem-6010	82	2	on	on	ADP
fbem-6010	82	3	this	this	PRON
fbem-6010	82	4	,	,	PUNCT
fbem-6010	82	5	this	this	DET
fbem-6010	82	6	paper	paper	NOUN
fbem-6010	82	7	118	118	NUM
fbem-6010	82	8	combines	combine	VERB
fbem-6010	82	9	the	the	DET
fbem-6010	82	10	characteristics	characteristic	NOUN
fbem-6010	82	11	of	of	ADP
fbem-6010	82	12	technology	technology	NOUN
fbem-6010	82	13	innovation	innovation	NOUN
fbem-6010	82	14	of	of	ADP
fbem-6010	82	15	enterprises	enterprise	NOUN
fbem-6010	82	16	,	,	PUNCT
fbem-6010	82	17	and	and	CCONJ
fbem-6010	82	18	evaluates	evaluate	VERB
fbem-6010	82	19	the	the	DET
fbem-6010	82	20	value	value	NOUN
fbem-6010	82	21	of	of	ADP
fbem-6010	82	22	enterprises	enterprise	NOUN
fbem-6010	82	23	by	by	ADP
fbem-6010	82	24	establishing	establish	VERB
fbem-6010	82	25	an	an	DET
fbem-6010	82	26	index	index	NOUN
fbem-6010	82	27	system	system	NOUN
fbem-6010	82	28	including	include	VERB
fbem-6010	82	29	profitability	profitability	NOUN
fbem-6010	82	30	,	,	PUNCT
fbem-6010	82	31	solvency	solvency	NOUN
fbem-6010	82	32	,	,	PUNCT
fbem-6010	82	33	operation	operation	NOUN
fbem-6010	82	34	ability	ability	NOUN
fbem-6010	82	35	and	and	CCONJ
fbem-6010	82	36	development	development	NOUN
fbem-6010	82	37	ability	ability	NOUN
fbem-6010	82	38	.	.	PUNCT
fbem-6010	83	1	profitability	profitability	NOUN
fbem-6010	83	2	is	be	AUX
fbem-6010	83	3	mainly	mainly	ADV
fbem-6010	83	4	measured	measure	VERB
fbem-6010	83	5	by	by	ADP
fbem-6010	83	6	return	return	NOUN
fbem-6010	83	7	on	on	ADP
fbem-6010	83	8	equity	equity	NOUN
fbem-6010	83	9	(	(	PUNCT
fbem-6010	83	10	roe	roe	PROPN
fbem-6010	83	11	)	)	PUNCT
fbem-6010	83	12	,	,	PUNCT
fbem-6010	83	13	return	return	VERB
fbem-6010	83	14	on	on	ADP
fbem-6010	83	15	total	total	ADJ
fbem-6010	83	16	assets	asset	NOUN
fbem-6010	83	17	(	(	PUNCT
fbem-6010	83	18	roa	roa	NOUN
fbem-6010	83	19	)	)	PUNCT
fbem-6010	83	20	and	and	CCONJ
fbem-6010	83	21	operating	operate	VERB
fbem-6010	83	22	profit	profit	NOUN
fbem-6010	83	23	margin	margin	NOUN
fbem-6010	83	24	(	(	PUNCT
fbem-6010	83	25	opr	opr	NOUN
fbem-6010	83	26	)	)	PUNCT
fbem-6010	83	27	;	;	PUNCT
fbem-6010	83	28	solvency	solvency	NOUN
fbem-6010	83	29	is	be	AUX
fbem-6010	83	30	generally	generally	ADV
fbem-6010	83	31	divided	divide	VERB
fbem-6010	83	32	into	into	ADP
fbem-6010	83	33	short	short	ADJ
fbem-6010	83	34	term	term	NOUN
fbem-6010	83	35	and	and	CCONJ
fbem-6010	83	36	long	long	ADJ
fbem-6010	83	37	term	term	NOUN
fbem-6010	83	38	,	,	PUNCT
fbem-6010	83	39	measured	measure	VERB
fbem-6010	83	40	by	by	ADP
fbem-6010	83	41	current	current	ADJ
fbem-6010	83	42	ratio	ratio	NOUN
fbem-6010	83	43	(	(	PUNCT
fbem-6010	83	44	cr	cr	NOUN
fbem-6010	83	45	)	)	PUNCT
fbem-6010	83	46	and	and	CCONJ
fbem-6010	83	47	equity	equity	NOUN
fbem-6010	83	48	ratio	ratio	NOUN
fbem-6010	83	49	(	(	PUNCT
fbem-6010	83	50	der	der	NOUN
fbem-6010	83	51	)	)	PUNCT
fbem-6010	83	52	respectively	respectively	ADV
fbem-6010	83	53	;	;	PUNCT
fbem-6010	83	54	operating	operate	VERB
fbem-6010	83	55	capacity	capacity	NOUN
fbem-6010	83	56	is	be	AUX
fbem-6010	83	57	replaced	replace	VERB
fbem-6010	83	58	by	by	ADP
fbem-6010	83	59	fixed	fix	VERB
fbem-6010	83	60	asset	asset	NOUN
fbem-6010	83	61	turnover	turnover	NOUN
fbem-6010	83	62	and	and	CCONJ
fbem-6010	83	63	total	total	ADJ
fbem-6010	83	64	asset	asset	NOUN
fbem-6010	83	65	turnover	turnover	NOUN
fbem-6010	83	66	.	.	PUNCT
fbem-6010	84	1	the	the	PRON
fbem-6010	84	2	higher	high	ADJ
fbem-6010	84	3	the	the	DET
fbem-6010	84	4	turnover	turnover	NOUN
fbem-6010	84	5	rate	rate	NOUN
fbem-6010	84	6	of	of	ADP
fbem-6010	84	7	fixed	fix	VERB
fbem-6010	84	8	assets	asset	NOUN
fbem-6010	84	9	(	(	PUNCT
fbem-6010	84	10	fato	fato	PROPN
fbem-6010	84	11	)	)	PUNCT
fbem-6010	84	12	,	,	PUNCT
fbem-6010	84	13	the	the	PRON
fbem-6010	84	14	higher	high	ADJ
fbem-6010	84	15	the	the	DET
fbem-6010	84	16	utilization	utilization	NOUN
fbem-6010	84	17	rate	rate	NOUN
fbem-6010	84	18	of	of	ADP
fbem-6010	84	19	fixed	fix	VERB
fbem-6010	84	20	assets	asset	NOUN
fbem-6010	84	21	,	,	PUNCT
fbem-6010	84	22	the	the	PRON
fbem-6010	84	23	better	well	ADJ
fbem-6010	84	24	the	the	DET
fbem-6010	84	25	management	management	NOUN
fbem-6010	84	26	level	level	NOUN
fbem-6010	84	27	.	.	PUNCT
fbem-6010	85	1	the	the	PRON
fbem-6010	85	2	higher	high	ADJ
fbem-6010	85	3	the	the	DET
fbem-6010	85	4	total	total	ADJ
fbem-6010	85	5	asset	asset	NOUN
fbem-6010	85	6	turnover	turnover	NOUN
fbem-6010	85	7	(	(	PUNCT
fbem-6010	85	8	tato	tato	NOUN
fbem-6010	85	9	)	)	PUNCT
fbem-6010	85	10	,	,	PUNCT
fbem-6010	85	11	the	the	PRON
fbem-6010	85	12	faster	fast	ADV
fbem-6010	85	13	the	the	DET
fbem-6010	85	14	capital	capital	NOUN
fbem-6010	85	15	turnover	turnover	NOUN
fbem-6010	85	16	,	,	PUNCT
fbem-6010	85	17	the	the	PRON
fbem-6010	85	18	higher	high	ADJ
fbem-6010	85	19	the	the	DET
fbem-6010	85	20	operational	operational	ADJ
fbem-6010	85	21	efficiency	efficiency	NOUN
fbem-6010	85	22	;	;	PUNCT
fbem-6010	85	23	development	development	NOUN
fbem-6010	85	24	capacity	capacity	NOUN
fbem-6010	85	25	is	be	AUX
fbem-6010	85	26	reflected	reflect	VERB
fbem-6010	85	27	by	by	ADP
fbem-6010	85	28	operating	operate	VERB
fbem-6010	85	29	income	income	NOUN
fbem-6010	85	30	growth	growth	NOUN
fbem-6010	85	31	rate	rate	NOUN
fbem-6010	85	32	(	(	PUNCT
fbem-6010	85	33	oigr	oigr	ADJ
fbem-6010	85	34	)	)	PUNCT
fbem-6010	85	35	and	and	CCONJ
fbem-6010	85	36	asset	asset	NOUN
fbem-6010	85	37	growth	growth	NOUN
fbem-6010	85	38	rate	rate	NOUN
fbem-6010	85	39	(	(	PUNCT
fbem-6010	85	40	tagr	tagr	NOUN
fbem-6010	85	41	)	)	PUNCT
fbem-6010	85	42	.	.	PUNCT
fbem-6010	86	1	table	table	NOUN
fbem-6010	86	2	1	1	NUM
fbem-6010	86	3	.	.	PUNCT
fbem-6010	86	4	enterprise	enterprise	NOUN
fbem-6010	86	5	value	value	NOUN
fbem-6010	86	6	measures	measure	NOUN
fbem-6010	86	7	value	value	NOUN
fbem-6010	86	8	measurement	measurement	NOUN
fbem-6010	86	9	specific	specific	ADJ
fbem-6010	86	10	index	index	NOUN
fbem-6010	86	11	name	name	NOUN
fbem-6010	86	12	and	and	CCONJ
fbem-6010	86	13	calculation	calculation	NOUN
fbem-6010	86	14	method	method	NOUN
fbem-6010	86	15	variable	variable	ADJ
fbem-6010	86	16	naming	name	VERB
fbem-6010	86	17	profitability	profitability	NOUN
fbem-6010	86	18	return	return	NOUN
fbem-6010	86	19	on	on	ADP
fbem-6010	86	20	equity	equity	NOUN
fbem-6010	86	21	=	=	SYM
fbem-6010	86	22	net	net	ADJ
fbem-6010	86	23	profit	profit	NOUN
fbem-6010	86	24	/	/	SYM
fbem-6010	86	25	average	average	ADJ
fbem-6010	86	26	owner	owner	NOUN
fbem-6010	86	27	's	's	PART
fbem-6010	86	28	equity	equity	NOUN
fbem-6010	86	29	roe	roe	PROPN
fbem-6010	86	30	return	return	NOUN
fbem-6010	86	31	on	on	ADP
fbem-6010	86	32	total	total	ADJ
fbem-6010	86	33	assets	asset	NOUN
fbem-6010	86	34	=	=	SYM
fbem-6010	86	35	(	(	PUNCT
fbem-6010	86	36	total	total	ADJ
fbem-6010	86	37	profit	profit	NOUN
fbem-6010	86	38	+	+	CCONJ
fbem-6010	86	39	financial	financial	ADJ
fbem-6010	86	40	expenses	expense	NOUN
fbem-6010	86	41	)	)	PUNCT
fbem-6010	86	42	/	/	SYM
fbem-6010	86	43	average	average	ADJ
fbem-6010	86	44	total	total	ADJ
fbem-6010	86	45	assets	asset	NOUN
fbem-6010	86	46	roa	roa	NOUN
fbem-6010	86	47	operating	operate	VERB
fbem-6010	86	48	profit	profit	NOUN
fbem-6010	86	49	margin	margin	NOUN
fbem-6010	86	50	=	=	NOUN
fbem-6010	86	51	operating	operate	VERB
fbem-6010	86	52	profit	profit	NOUN
fbem-6010	86	53	/	/	SYM
fbem-6010	86	54	operating	operate	VERB
fbem-6010	86	55	income	income	NOUN
fbem-6010	86	56	opr	opr	PROPN
fbem-6010	86	57	debt	debt	NOUN
fbem-6010	86	58	paying	pay	VERB
fbem-6010	86	59	ability	ability	NOUN
fbem-6010	86	60	current	current	ADJ
fbem-6010	86	61	ratio	ratio	NOUN
fbem-6010	86	62	=	=	SYM
fbem-6010	86	63	current	current	ADJ
fbem-6010	86	64	assets	asset	NOUN
fbem-6010	86	65	/	/	SYM
fbem-6010	86	66	current	current	ADJ
fbem-6010	86	67	liabilities	liability	NOUN
fbem-6010	86	68	cr	cr	PART
fbem-6010	86	69	title	title	NOUN
fbem-6010	86	70	ratio	ratio	NOUN
fbem-6010	86	71	=	=	PUNCT
fbem-6010	86	72	total	total	ADJ
fbem-6010	86	73	liabilities	liability	NOUN
fbem-6010	86	74	/	/	SYM
fbem-6010	86	75	total	total	NOUN
fbem-6010	86	76	owner	owner	NOUN
fbem-6010	86	77	's	's	PART
fbem-6010	86	78	equity	equity	NOUN
fbem-6010	86	79	(	(	PUNCT
fbem-6010	86	80	net	net	ADJ
fbem-6010	86	81	assets	asset	NOUN
fbem-6010	86	82	)	)	PUNCT
fbem-6010	86	83	der	der	NOUN
fbem-6010	86	84	operation	operation	NOUN
fbem-6010	86	85	capacity	capacity	NOUN
fbem-6010	86	86	fixed	fix	VERB
fbem-6010	86	87	assets	asset	NOUN
fbem-6010	86	88	turnover	turnover	NOUN
fbem-6010	86	89	rate	rate	NOUN
fbem-6010	86	90	=	=	PUNCT
fbem-6010	86	91	operating	operate	VERB
fbem-6010	86	92	income	income	NOUN
fbem-6010	86	93	/	/	SYM
fbem-6010	86	94	average	average	ADJ
fbem-6010	86	95	total	total	ADJ
fbem-6010	86	96	fixed	fix	VERB
fbem-6010	86	97	assets	asset	NOUN
fbem-6010	86	98	fato	fato	X
fbem-6010	86	99	total	total	ADJ
fbem-6010	86	100	asset	asset	NOUN
fbem-6010	86	101	turnover	turnover	NOUN
fbem-6010	86	102	rate	rate	NOUN
fbem-6010	86	103	=	=	PUNCT
fbem-6010	86	104	operating	operate	VERB
fbem-6010	86	105	income	income	NOUN
fbem-6010	86	106	/	/	SYM
fbem-6010	86	107	average	average	ADJ
fbem-6010	86	108	total	total	ADJ
fbem-6010	86	109	assets	asset	NOUN
fbem-6010	86	110	tato	tato	NOUN
fbem-6010	86	111	development	development	NOUN
fbem-6010	86	112	ability	ability	NOUN
fbem-6010	86	113	growth	growth	NOUN
fbem-6010	86	114	rate	rate	NOUN
fbem-6010	86	115	of	of	ADP
fbem-6010	86	116	operating	operate	VERB
fbem-6010	86	117	income	income	NOUN
fbem-6010	86	118	=	=	SYM
fbem-6010	86	119	(	(	PUNCT
fbem-6010	86	120	operating	operate	VERB
fbem-6010	86	121	income	income	NOUN
fbem-6010	86	122	of	of	ADP
fbem-6010	86	123	current	current	ADJ
fbem-6010	86	124	period	period	NOUN
fbem-6010	86	125	-	-	PUNCT
fbem-6010	86	126	operating	operate	VERB
fbem-6010	86	127	income	income	NOUN
fbem-6010	86	128	of	of	ADP
fbem-6010	86	129	base	base	NOUN
fbem-6010	86	130	period	period	NOUN
fbem-6010	86	131	)	)	PUNCT
fbem-6010	86	132	/	/	SYM
fbem-6010	86	133	operating	operate	VERB
fbem-6010	86	134	income	income	NOUN
fbem-6010	86	135	of	of	ADP
fbem-6010	86	136	base	base	ADJ
fbem-6010	86	137	period	period	NOUN
fbem-6010	86	138	oigr	oigr	ADJ
fbem-6010	86	139	asset	asset	NOUN
fbem-6010	86	140	growth	growth	NOUN
fbem-6010	86	141	rate	rate	NOUN
fbem-6010	86	142	=	=	PUNCT
fbem-6010	86	143	(	(	PUNCT
fbem-6010	86	144	total	total	ADJ
fbem-6010	86	145	assets	asset	NOUN
fbem-6010	86	146	of	of	ADP
fbem-6010	86	147	current	current	ADJ
fbem-6010	86	148	period	period	NOUN
fbem-6010	86	149	-	-	PUNCT
fbem-6010	86	150	total	total	NOUN
fbem-6010	86	151	assets	asset	NOUN
fbem-6010	86	152	of	of	ADP
fbem-6010	86	153	base	base	NOUN
fbem-6010	86	154	period	period	NOUN
fbem-6010	86	155	)	)	PUNCT
fbem-6010	86	156	/	/	SYM
fbem-6010	86	157	total	total	ADJ
fbem-6010	86	158	assets	asset	NOUN
fbem-6010	86	159	of	of	ADP
fbem-6010	86	160	base	base	NOUN
fbem-6010	86	161	period	period	NOUN
fbem-6010	86	162	tagr	tagr	ADP
fbem-6010	86	163	3.2	3.2	NUM
fbem-6010	86	164	.	.	PUNCT
fbem-6010	87	1	innovation	innovation	NOUN
fbem-6010	87	2	investment	investment	NOUN
fbem-6010	87	3	innovation	innovation	NOUN
fbem-6010	87	4	input	input	NOUN
fbem-6010	87	5	(	(	PUNCT
fbem-6010	87	6	rd	rd	NOUN
fbem-6010	87	7	)	)	PUNCT
fbem-6010	87	8	.	.	PUNCT
fbem-6010	88	1	regarding	regard	VERB
fbem-6010	88	2	the	the	DET
fbem-6010	88	3	measurement	measurement	NOUN
fbem-6010	88	4	of	of	ADP
fbem-6010	88	5	innovation	innovation	NOUN
fbem-6010	88	6	input	input	NOUN
fbem-6010	88	7	,	,	PUNCT
fbem-6010	88	8	considerable	considerable	ADJ
fbem-6010	88	9	measurements	measurement	NOUN
fbem-6010	88	10	are	be	AUX
fbem-6010	88	11	provided	provide	VERB
fbem-6010	88	12	in	in	ADP
fbem-6010	88	13	existing	exist	VERB
fbem-6010	88	14	studies	study	NOUN
fbem-6010	88	15	.	.	PUNCT
fbem-6010	89	1	for	for	ADP
fbem-6010	89	2	example	example	NOUN
fbem-6010	89	3	,	,	PUNCT
fbem-6010	89	4	the	the	DET
fbem-6010	89	5	ratio	ratio	NOUN
fbem-6010	89	6	of	of	ADP
fbem-6010	89	7	r&d	r&d	NOUN
fbem-6010	89	8	investment	investment	NOUN
fbem-6010	89	9	to	to	ADP
fbem-6010	89	10	total	total	ADJ
fbem-6010	89	11	assets	asset	NOUN
fbem-6010	89	12	(	(	PUNCT
fbem-6010	89	13	li	li	PROPN
fbem-6010	89	14	jian	jian	PROPN
fbem-6010	89	15	et	et	PROPN
fbem-6010	89	16	al	al	PROPN
fbem-6010	89	17	.	.	PROPN
fbem-6010	89	18	,	,	PUNCT
fbem-6010	89	19	2021	2021	NUM
fbem-6010	89	20	;	;	PUNCT
fbem-6010	89	21	xu	xu	PROPN
fbem-6010	89	22	yupeng	yupeng	PROPN
fbem-6010	89	23	et	et	PROPN
fbem-6010	89	24	al	al	PROPN
fbem-6010	89	25	.	.	PROPN
fbem-6010	89	26	,	,	PUNCT
fbem-6010	89	27	2021	2021	NUM
fbem-6010	89	28	)	)	PUNCT
fbem-6010	89	29	,	,	PUNCT
fbem-6010	89	30	the	the	DET
fbem-6010	89	31	ratio	ratio	NOUN
fbem-6010	89	32	of	of	ADP
fbem-6010	89	33	r&d	r&d	NOUN
fbem-6010	89	34	investment	investment	NOUN
fbem-6010	89	35	to	to	ADP
fbem-6010	89	36	operating	operate	VERB
fbem-6010	89	37	income	income	NOUN
fbem-6010	89	38	(	(	PUNCT
fbem-6010	89	39	du	du	PROPN
fbem-6010	89	40	shanzhong	shanzhong	PROPN
fbem-6010	89	41	,	,	PUNCT
fbem-6010	89	42	2021	2021	NUM
fbem-6010	89	43	;	;	PUNCT
fbem-6010	89	44	zhu	zhu	PROPN
fbem-6010	89	45	hang	hang	VERB
fbem-6010	89	46	et	et	PROPN
fbem-6010	89	47	al	al	PROPN
fbem-6010	89	48	.	.	PROPN
fbem-6010	89	49	,	,	PUNCT
fbem-6010	89	50	2016	2016	NUM
fbem-6010	89	51	)	)	PUNCT
fbem-6010	89	52	,	,	PUNCT
fbem-6010	89	53	the	the	DET
fbem-6010	89	54	ratio	ratio	NOUN
fbem-6010	89	55	of	of	ADP
fbem-6010	89	56	the	the	DET
fbem-6010	89	57	number	number	NOUN
fbem-6010	89	58	of	of	ADP
fbem-6010	89	59	r	r	NOUN
fbem-6010	89	60	&	&	CCONJ
fbem-6010	89	61	d	d	NOUN
fbem-6010	89	62	personnel	personnel	NOUN
fbem-6010	89	63	to	to	ADP
fbem-6010	89	64	the	the	DET
fbem-6010	89	65	number	number	NOUN
fbem-6010	89	66	of	of	ADP
fbem-6010	89	67	total	total	ADJ
fbem-6010	89	68	employees	employee	NOUN
fbem-6010	89	69	,	,	PUNCT
fbem-6010	89	70	etc	etc	X
fbem-6010	89	71	.	.	X
fbem-6010	90	1	this	this	DET
fbem-6010	90	2	paper	paper	NOUN
fbem-6010	90	3	draws	draw	VERB
fbem-6010	90	4	on	on	ADP
fbem-6010	90	5	the	the	DET
fbem-6010	90	6	construction	construction	NOUN
fbem-6010	90	7	method	method	NOUN
fbem-6010	90	8	of	of	ADP
fbem-6010	90	9	scholar	scholar	NOUN
fbem-6010	90	10	zheng	zheng	PROPN
fbem-6010	90	11	jian	jian	PROPN
fbem-6010	90	12	(	(	PUNCT
fbem-6010	90	13	2007	2007	NUM
fbem-6010	90	14	)	)	PUNCT
fbem-6010	90	15	on	on	ADP
fbem-6010	90	16	technology	technology	NOUN
fbem-6010	90	17	innovation	innovation	NOUN
fbem-6010	90	18	efficiency	efficiency	NOUN
fbem-6010	90	19	evaluation	evaluation	NOUN
fbem-6010	90	20	index	index	NOUN
fbem-6010	90	21	system	system	NOUN
fbem-6010	90	22	,	,	PUNCT
fbem-6010	90	23	and	and	CCONJ
fbem-6010	90	24	measures	measure	VERB
fbem-6010	90	25	the	the	DET
fbem-6010	90	26	innovation	innovation	NOUN
fbem-6010	90	27	investment	investment	NOUN
fbem-6010	90	28	through	through	ADP
fbem-6010	90	29	the	the	DET
fbem-6010	90	30	proportion	proportion	NOUN
fbem-6010	90	31	of	of	ADP
fbem-6010	90	32	r	r	NOUN
fbem-6010	90	33	&	&	CCONJ
fbem-6010	90	34	d	d	PROPN
fbem-6010	90	35	investment	investment	NOUN
fbem-6010	90	36	in	in	ADP
fbem-6010	90	37	the	the	DET
fbem-6010	90	38	current	current	ADJ
fbem-6010	90	39	period	period	NOUN
fbem-6010	90	40	in	in	ADP
fbem-6010	90	41	the	the	DET
fbem-6010	90	42	total	total	ADJ
fbem-6010	90	43	assets	asset	NOUN
fbem-6010	90	44	(	(	PUNCT
fbem-6010	90	45	r&d1	r&d1	X
fbem-6010	90	46	)	)	PUNCT
fbem-6010	90	47	and	and	CCONJ
fbem-6010	90	48	the	the	DET
fbem-6010	90	49	proportion	proportion	NOUN
fbem-6010	90	50	of	of	ADP
fbem-6010	90	51	the	the	DET
fbem-6010	90	52	number	number	NOUN
fbem-6010	90	53	of	of	ADP
fbem-6010	90	54	r&d	r&d	NOUN
fbem-6010	90	55	personnel	personnel	NOUN
fbem-6010	90	56	in	in	ADP
fbem-6010	90	57	the	the	DET
fbem-6010	90	58	total	total	ADJ
fbem-6010	90	59	number	number	NOUN
fbem-6010	90	60	of	of	ADP
fbem-6010	90	61	employees	employee	NOUN
fbem-6010	90	62	(	(	PUNCT
fbem-6010	90	63	r&d2	r&d2	NOUN
fbem-6010	90	64	)	)	PUNCT
fbem-6010	90	65	.	.	PUNCT
fbem-6010	91	1	3.3	3.3	NUM
fbem-6010	91	2	.	.	PUNCT
fbem-6010	92	1	stock	stock	NOUN
fbem-6010	92	2	ownership	ownership	NOUN
fbem-6010	92	3	incentive	incentive	NOUN
fbem-6010	92	4	compared	compare	VERB
fbem-6010	92	5	with	with	ADP
fbem-6010	92	6	compensation	compensation	NOUN
fbem-6010	92	7	incentive	incentive	NOUN
fbem-6010	92	8	short	short	ADJ
fbem-6010	92	9	-	-	PUNCT
fbem-6010	92	10	term	term	NOUN
fbem-6010	92	11	incentive	incentive	NOUN
fbem-6010	92	12	,	,	PUNCT
fbem-6010	92	13	equity	equity	NOUN
fbem-6010	92	14	incentive	incentive	NOUN
fbem-6010	92	15	through	through	ADP
fbem-6010	92	16	the	the	DET
fbem-6010	92	17	construction	construction	NOUN
fbem-6010	92	18	of	of	ADP
fbem-6010	92	19	enterprise	enterprise	NOUN
fbem-6010	92	20	managers	manager	NOUN
fbem-6010	92	21	and	and	CCONJ
fbem-6010	92	22	the	the	DET
fbem-6010	92	23	interests	interest	NOUN
fbem-6010	92	24	of	of	ADP
fbem-6010	92	25	the	the	DET
fbem-6010	92	26	community	community	NOUN
fbem-6010	92	27	,	,	PUNCT
fbem-6010	92	28	makes	make	VERB
fbem-6010	92	29	the	the	DET
fbem-6010	92	30	enterprise	enterprise	NOUN
fbem-6010	92	31	managers	manager	NOUN
fbem-6010	92	32	and	and	CCONJ
fbem-6010	92	33	owners	owner	NOUN
fbem-6010	92	34	target	target	NOUN
fbem-6010	92	35	function	function	NOUN
fbem-6010	92	36	,	,	PUNCT
fbem-6010	92	37	enterprise	enterprise	NOUN
fbem-6010	92	38	managers	manager	NOUN
fbem-6010	92	39	will	will	AUX
fbem-6010	92	40	pay	pay	VERB
fbem-6010	92	41	more	more	ADJ
fbem-6010	92	42	attention	attention	NOUN
fbem-6010	92	43	to	to	ADP
fbem-6010	92	44	the	the	DET
fbem-6010	92	45	long	long	ADJ
fbem-6010	92	46	-	-	PUNCT
fbem-6010	92	47	term	term	NOUN
fbem-6010	92	48	development	development	NOUN
fbem-6010	92	49	of	of	ADP
fbem-6010	92	50	enterprises	enterprise	NOUN
fbem-6010	92	51	,	,	PUNCT
fbem-6010	92	52	to	to	PART
fbem-6010	92	53	be	be	AUX
fbem-6010	92	54	incentive	incentive	ADJ
fbem-6010	92	55	object	object	NOUN
fbem-6010	92	56	increase	increase	VERB
fbem-6010	92	57	the	the	DET
fbem-6010	92	58	innovation	innovation	NOUN
fbem-6010	92	59	of	of	ADP
fbem-6010	92	60	the	the	DET
fbem-6010	92	61	enterprise	enterprise	NOUN
fbem-6010	92	62	,	,	PUNCT
fbem-6010	92	63	thus	thus	ADV
fbem-6010	92	64	affect	affect	VERB
fbem-6010	92	65	the	the	DET
fbem-6010	92	66	overall	overall	ADJ
fbem-6010	92	67	value	value	NOUN
fbem-6010	92	68	of	of	ADP
fbem-6010	92	69	the	the	DET
fbem-6010	92	70	enterprise	enterprise	NOUN
fbem-6010	92	71	.	.	PUNCT
fbem-6010	93	1	moreover	moreover	ADV
fbem-6010	93	2	,	,	PUNCT
fbem-6010	93	3	the	the	DET
fbem-6010	93	4	characteristics	characteristic	NOUN
fbem-6010	93	5	of	of	ADP
fbem-6010	93	6	the	the	DET
fbem-6010	93	7	equity	equity	NOUN
fbem-6010	93	8	incentive	incentive	NOUN
fbem-6010	93	9	,	,	PUNCT
fbem-6010	93	10	such	such	ADJ
fbem-6010	93	11	as	as	ADP
fbem-6010	93	12	the	the	DET
fbem-6010	93	13	incentive	incentive	NOUN
fbem-6010	93	14	intensity	intensity	NOUN
fbem-6010	93	15	and	and	CCONJ
fbem-6010	93	16	the	the	DET
fbem-6010	93	17	validity	validity	NOUN
fbem-6010	93	18	period	period	NOUN
fbem-6010	93	19	of	of	ADP
fbem-6010	93	20	the	the	DET
fbem-6010	93	21	incentive	incentive	NOUN
fbem-6010	93	22	,	,	PUNCT
fbem-6010	93	23	will	will	AUX
fbem-6010	93	24	have	have	VERB
fbem-6010	93	25	an	an	DET
fbem-6010	93	26	impact	impact	NOUN
fbem-6010	93	27	on	on	ADP
fbem-6010	93	28	the	the	DET
fbem-6010	93	29	enterprise	enterprise	NOUN
fbem-6010	93	30	value	value	NOUN
fbem-6010	93	31	.	.	PUNCT
fbem-6010	94	1	the	the	DET
fbem-6010	94	2	explanatory	explanatory	ADJ
fbem-6010	94	3	variables	variable	NOUN
fbem-6010	94	4	selected	select	VERB
fbem-6010	94	5	in	in	ADP
fbem-6010	94	6	this	this	DET
fbem-6010	94	7	paper	paper	NOUN
fbem-6010	94	8	include	include	VERB
fbem-6010	94	9	:	:	PUNCT
fbem-6010	94	10	(	(	PUNCT
fbem-6010	94	11	1	1	X
fbem-6010	94	12	)	)	PUNCT
fbem-6010	94	13	equity	equity	NOUN
fbem-6010	94	14	incentive	incentive	NOUN
fbem-6010	94	15	intensity	intensity	NOUN
fbem-6010	94	16	(	(	PUNCT
fbem-6010	94	17	ei1	ei1	ADJ
fbem-6010	94	18	)	)	PUNCT
fbem-6010	94	19	.	.	PUNCT
fbem-6010	95	1	the	the	DET
fbem-6010	95	2	ratio	ratio	NOUN
fbem-6010	95	3	of	of	ADP
fbem-6010	95	4	the	the	DET
fbem-6010	95	5	number	number	NOUN
fbem-6010	95	6	of	of	ADP
fbem-6010	95	7	shares	share	NOUN
fbem-6010	95	8	using	use	VERB
fbem-6010	95	9	the	the	DET
fbem-6010	95	10	equity	equity	NOUN
fbem-6010	95	11	incentive	incentive	NOUN
fbem-6010	95	12	to	to	ADP
fbem-6010	95	13	the	the	DET
fbem-6010	95	14	total	total	ADJ
fbem-6010	95	15	equity	equity	NOUN
fbem-6010	95	16	capital	capital	NOUN
fbem-6010	95	17	when	when	SCONJ
fbem-6010	95	18	issuing	issue	VERB
fbem-6010	95	19	the	the	DET
fbem-6010	95	20	equity	equity	NOUN
fbem-6010	95	21	incentive	incentive	NOUN
fbem-6010	95	22	plan	plan	NOUN
fbem-6010	95	23	represents	represent	VERB
fbem-6010	95	24	the	the	DET
fbem-6010	95	25	equity	equity	NOUN
fbem-6010	95	26	incentive	incentive	NOUN
fbem-6010	95	27	intensity	intensity	NOUN
fbem-6010	95	28	(	(	PUNCT
fbem-6010	95	29	ei1	ei1	ADJ
fbem-6010	95	30	)	)	PUNCT
fbem-6010	95	31	in%	in%	NOUN
fbem-6010	95	32	;	;	PUNCT
fbem-6010	95	33	(	(	PUNCT
fbem-6010	95	34	2	2	X
fbem-6010	95	35	)	)	PUNCT
fbem-6010	95	36	the	the	DET
fbem-6010	95	37	validity	validity	NOUN
fbem-6010	95	38	period	period	NOUN
fbem-6010	95	39	of	of	ADP
fbem-6010	95	40	the	the	DET
fbem-6010	95	41	equity	equity	NOUN
fbem-6010	95	42	incentive	incentive	NOUN
fbem-6010	95	43	(	(	PUNCT
fbem-6010	95	44	ei	ei	NOUN
fbem-6010	95	45	2	2	NUM
fbem-6010	95	46	)	)	PUNCT
fbem-6010	95	47	.	.	PUNCT
fbem-6010	96	1	the	the	DET
fbem-6010	96	2	effective	effective	ADJ
fbem-6010	96	3	number	number	NOUN
fbem-6010	96	4	of	of	ADP
fbem-6010	96	5	years	year	NOUN
fbem-6010	96	6	of	of	ADP
fbem-6010	96	7	the	the	DET
fbem-6010	96	8	equity	equity	NOUN
fbem-6010	96	9	incentive	incentive	NOUN
fbem-6010	96	10	plan	plan	NOUN
fbem-6010	96	11	represents	represent	VERB
fbem-6010	96	12	the	the	DET
fbem-6010	96	13	validity	validity	NOUN
fbem-6010	96	14	period	period	NOUN
fbem-6010	96	15	of	of	ADP
fbem-6010	96	16	the	the	DET
fbem-6010	96	17	equity	equity	NOUN
fbem-6010	96	18	incentive	incentive	NOUN
fbem-6010	96	19	(	(	PUNCT
fbem-6010	96	20	ei2	ei2	NOUN
fbem-6010	96	21	)	)	PUNCT
fbem-6010	96	22	in	in	ADP
fbem-6010	96	23	the	the	DET
fbem-6010	96	24	year	year	NOUN
fbem-6010	96	25	.	.	PUNCT
fbem-6010	97	1	in	in	ADP
fbem-6010	97	2	addition	addition	NOUN
fbem-6010	97	3	,	,	PUNCT
fbem-6010	97	4	this	this	DET
fbem-6010	97	5	paper	paper	NOUN
fbem-6010	97	6	only	only	ADV
fbem-6010	97	7	considers	consider	VERB
fbem-6010	97	8	the	the	DET
fbem-6010	97	9	first	first	ADJ
fbem-6010	97	10	equity	equity	NOUN
fbem-6010	97	11	incentive	incentive	NOUN
fbem-6010	97	12	plan	plan	NOUN
fbem-6010	97	13	published	publish	VERB
fbem-6010	97	14	by	by	ADP
fbem-6010	97	15	the	the	DET
fbem-6010	97	16	enterprise	enterprise	NOUN
fbem-6010	97	17	in	in	ADP
fbem-6010	97	18	that	that	DET
fbem-6010	97	19	year	year	NOUN
fbem-6010	97	20	.	.	PUNCT
fbem-6010	98	1	3.4	3.4	NUM
fbem-6010	98	2	.	.	PUNCT
fbem-6010	98	3	controlled	control	VERB
fbem-6010	98	4	variable	variable	ADJ
fbem-6010	98	5	capital	capital	NOUN
fbem-6010	98	6	composition	composition	NOUN
fbem-6010	98	7	.	.	PUNCT
fbem-6010	99	1	the	the	DET
fbem-6010	99	2	capital	capital	NOUN
fbem-6010	99	3	structure	structure	NOUN
fbem-6010	99	4	of	of	ADP
fbem-6010	99	5	this	this	DET
fbem-6010	99	6	paper	paper	NOUN
fbem-6010	99	7	is	be	AUX
fbem-6010	99	8	expressed	express	VERB
fbem-6010	99	9	by	by	ADP
fbem-6010	99	10	the	the	DET
fbem-6010	99	11	asset	asset	NOUN
fbem-6010	99	12	-	-	PUNCT
fbem-6010	99	13	liability	liability	NOUN
fbem-6010	99	14	ratio	ratio	NOUN
fbem-6010	99	15	.	.	PUNCT
fbem-6010	100	1	it	it	PRON
fbem-6010	100	2	reflects	reflect	VERB
fbem-6010	100	3	the	the	DET
fbem-6010	100	4	proportion	proportion	NOUN
fbem-6010	100	5	of	of	ADP
fbem-6010	100	6	enterprises	enterprise	NOUN
fbem-6010	100	7	to	to	PART
fbem-6010	100	8	obtain	obtain	VERB
fbem-6010	100	9	funds	fund	NOUN
fbem-6010	100	10	through	through	ADP
fbem-6010	100	11	borrowing	borrowing	NOUN
fbem-6010	100	12	,	,	PUNCT
fbem-6010	100	13	which	which	PRON
fbem-6010	100	14	is	be	AUX
fbem-6010	100	15	an	an	DET
fbem-6010	100	16	indicator	indicator	NOUN
fbem-6010	100	17	to	to	PART
fbem-6010	100	18	measure	measure	VERB
fbem-6010	100	19	the	the	DET
fbem-6010	100	20	level	level	NOUN
fbem-6010	100	21	of	of	ADP
fbem-6010	100	22	corporate	corporate	ADJ
fbem-6010	100	23	debt	debt	NOUN
fbem-6010	100	24	.	.	PUNCT
fbem-6010	101	1	it	it	PRON
fbem-6010	101	2	also	also	ADV
fbem-6010	101	3	measures	measure	VERB
fbem-6010	101	4	the	the	DET
fbem-6010	101	5	operating	operating	NOUN
fbem-6010	101	6	ability	ability	NOUN
fbem-6010	101	7	of	of	ADP
fbem-6010	101	8	creditors	creditor	NOUN
fbem-6010	101	9	,	,	PUNCT
fbem-6010	101	10	and	and	CCONJ
fbem-6010	101	11	also	also	ADV
fbem-6010	101	12	provides	provide	VERB
fbem-6010	101	13	a	a	DET
fbem-6010	101	14	basis	basis	NOUN
fbem-6010	101	15	for	for	SCONJ
fbem-6010	101	16	creditors	creditor	NOUN
fbem-6010	101	17	to	to	PART
fbem-6010	101	18	borrow	borrow	VERB
fbem-6010	101	19	money	money	NOUN
fbem-6010	101	20	.	.	PUNCT
fbem-6010	102	1	based	base	VERB
fbem-6010	102	2	on	on	ADP
fbem-6010	102	3	the	the	DET
fbem-6010	102	4	agency	agency	NOUN
fbem-6010	102	5	theory	theory	NOUN
fbem-6010	102	6	,	,	PUNCT
fbem-6010	102	7	capital	capital	NOUN
fbem-6010	102	8	structure	structure	NOUN
fbem-6010	102	9	plays	play	VERB
fbem-6010	102	10	a	a	DET
fbem-6010	102	11	certain	certain	ADJ
fbem-6010	102	12	role	role	NOUN
fbem-6010	102	13	in	in	ADP
fbem-6010	102	14	the	the	DET
fbem-6010	102	15	decision	decision	NOUN
fbem-6010	102	16	of	of	ADP
fbem-6010	102	17	management	management	NOUN
fbem-6010	102	18	and	and	CCONJ
fbem-6010	102	19	operation	operation	NOUN
fbem-6010	102	20	,	,	PUNCT
fbem-6010	102	21	which	which	PRON
fbem-6010	102	22	is	be	AUX
fbem-6010	102	23	conducive	conducive	ADJ
fbem-6010	102	24	to	to	ADP
fbem-6010	102	25	the	the	DET
fbem-6010	102	26	increase	increase	NOUN
fbem-6010	102	27	of	of	ADP
fbem-6010	102	28	enterprise	enterprise	NOUN
fbem-6010	102	29	value	value	NOUN
fbem-6010	102	30	.	.	PUNCT
fbem-6010	103	1	scale	scale	NOUN
fbem-6010	103	2	.	.	PUNCT
fbem-6010	104	1	in	in	ADP
fbem-6010	104	2	this	this	DET
fbem-6010	104	3	paper	paper	NOUN
fbem-6010	104	4	,	,	PUNCT
fbem-6010	104	5	the	the	DET
fbem-6010	104	6	total	total	ADJ
fbem-6010	104	7	assets	asset	NOUN
fbem-6010	104	8	are	be	AUX
fbem-6010	104	9	selected	select	VERB
fbem-6010	104	10	.	.	PUNCT
fbem-6010	105	1	the	the	DET
fbem-6010	105	2	size	size	NOUN
fbem-6010	105	3	of	of	ADP
fbem-6010	105	4	the	the	DET
fbem-6010	105	5	enterprise	enterprise	NOUN
fbem-6010	105	6	affects	affect	VERB
fbem-6010	105	7	the	the	DET
fbem-6010	105	8	decision	decision	NOUN
fbem-6010	105	9	makers	maker	NOUN
fbem-6010	105	10	'	'	PART
fbem-6010	105	11	investment	investment	NOUN
fbem-6010	105	12	of	of	ADP
fbem-6010	105	13	innovation	innovation	NOUN
fbem-6010	105	14	to	to	ADP
fbem-6010	105	15	some	some	DET
fbem-6010	105	16	extent	extent	NOUN
fbem-6010	105	17	.	.	PUNCT
fbem-6010	106	1	at	at	ADP
fbem-6010	106	2	the	the	DET
fbem-6010	106	3	same	same	ADJ
fbem-6010	106	4	time	time	NOUN
fbem-6010	106	5	,	,	PUNCT
fbem-6010	106	6	the	the	DET
fbem-6010	106	7	scale	scale	NOUN
fbem-6010	106	8	of	of	ADP
fbem-6010	106	9	the	the	DET
fbem-6010	106	10	enterprise	enterprise	NOUN
fbem-6010	106	11	directly	directly	ADV
fbem-6010	106	12	affects	affect	VERB
fbem-6010	106	13	the	the	DET
fbem-6010	106	14	decision	decision	NOUN
fbem-6010	106	15	-	-	PUNCT
fbem-6010	106	16	making	make	VERB
fbem-6010	106	17	ability	ability	NOUN
fbem-6010	106	18	,	,	PUNCT
fbem-6010	106	19	which	which	PRON
fbem-6010	106	20	will	will	AUX
fbem-6010	106	21	affect	affect	VERB
fbem-6010	106	22	the	the	DET
fbem-6010	106	23	value	value	NOUN
fbem-6010	106	24	of	of	ADP
fbem-6010	106	25	the	the	DET
fbem-6010	106	26	enterprise	enterprise	NOUN
fbem-6010	106	27	.	.	PUNCT
fbem-6010	107	1	smaller	small	ADJ
fbem-6010	107	2	enterprises	enterprise	NOUN
fbem-6010	107	3	are	be	AUX
fbem-6010	107	4	lack	lack	NOUN
fbem-6010	107	5	of	of	ADP
fbem-6010	107	6	resources	resource	NOUN
fbem-6010	107	7	in	in	ADP
fbem-6010	107	8	working	work	VERB
fbem-6010	107	9	capital	capital	NOUN
fbem-6010	107	10	management	management	NOUN
fbem-6010	107	11	,	,	PUNCT
fbem-6010	107	12	and	and	CCONJ
fbem-6010	107	13	consider	consider	VERB
fbem-6010	107	14	more	more	ADJ
fbem-6010	107	15	safety	safety	NOUN
fbem-6010	107	16	issues	issue	NOUN
fbem-6010	107	17	in	in	ADP
fbem-6010	107	18	enterprise	enterprise	NOUN
fbem-6010	107	19	development	development	NOUN
fbem-6010	107	20	.	.	PUNCT
fbem-6010	108	1	relatively	relatively	ADV
fbem-6010	108	2	speaking	speak	VERB
fbem-6010	108	3	,	,	PUNCT
fbem-6010	108	4	large	large	ADJ
fbem-6010	108	5	-	-	PUNCT
fbem-6010	108	6	scale	scale	NOUN
fbem-6010	108	7	enterprises	enterprise	NOUN
fbem-6010	108	8	have	have	VERB
fbem-6010	108	9	better	well	ADJ
fbem-6010	108	10	credit	credit	NOUN
fbem-6010	108	11	,	,	PUNCT
fbem-6010	108	12	rich	rich	ADJ
fbem-6010	108	13	resources	resource	NOUN
fbem-6010	108	14	,	,	PUNCT
fbem-6010	108	15	and	and	CCONJ
fbem-6010	108	16	have	have	VERB
fbem-6010	108	17	the	the	DET
fbem-6010	108	18	ability	ability	NOUN
fbem-6010	108	19	to	to	PART
fbem-6010	108	20	adopt	adopt	VERB
fbem-6010	108	21	some	some	DET
fbem-6010	108	22	better	well	ADJ
fbem-6010	108	23	working	work	VERB
fbem-6010	108	24	capital	capital	NOUN
fbem-6010	108	25	management	management	NOUN
fbem-6010	108	26	policies	policy	NOUN
fbem-6010	108	27	,	,	PUNCT
fbem-6010	108	28	and	and	CCONJ
fbem-6010	108	29	these	these	DET
fbem-6010	108	30	factors	factor	NOUN
fbem-6010	108	31	will	will	AUX
fbem-6010	108	32	eventually	eventually	ADV
fbem-6010	108	33	have	have	VERB
fbem-6010	108	34	an	an	DET
fbem-6010	108	35	impact	impact	NOUN
fbem-6010	108	36	on	on	ADP
fbem-6010	108	37	enterprise	enterprise	NOUN
fbem-6010	108	38	value	value	NOUN
fbem-6010	108	39	.	.	PUNCT
fbem-6010	109	1	share	share	NOUN
fbem-6010	109	2	ratio	ratio	NOUN
fbem-6010	109	3	of	of	ADP
fbem-6010	109	4	major	major	ADJ
fbem-6010	109	5	shareholders	shareholder	NOUN
fbem-6010	109	6	.	.	PUNCT
fbem-6010	110	1	this	this	DET
fbem-6010	110	2	paper	paper	NOUN
fbem-6010	110	3	uses	use	VERB
fbem-6010	110	4	the	the	DET
fbem-6010	110	5	percentage	percentage	NOUN
fbem-6010	110	6	of	of	ADP
fbem-6010	110	7	the	the	DET
fbem-6010	110	8	largest	large	ADJ
fbem-6010	110	9	shareholder	shareholder	NOUN
fbem-6010	110	10	and	and	CCONJ
fbem-6010	110	11	the	the	DET
fbem-6010	110	12	total	total	ADJ
fbem-6010	110	13	share	share	NOUN
fbem-6010	110	14	capital	capital	NOUN
fbem-6010	110	15	of	of	ADP
fbem-6010	110	16	the	the	DET
fbem-6010	110	17	company	company	NOUN
fbem-6010	110	18	as	as	ADP
fbem-6010	110	19	the	the	DET
fbem-6010	110	20	control	control	NOUN
fbem-6010	110	21	variable	variable	NOUN
fbem-6010	110	22	and	and	CCONJ
fbem-6010	110	23	adds	add	VERB
fbem-6010	110	24	to	to	ADP
fbem-6010	110	25	the	the	DET
fbem-6010	110	26	regression	regression	NOUN
fbem-6010	110	27	model	model	NOUN
fbem-6010	110	28	.	.	PUNCT
fbem-6010	111	1	the	the	DET
fbem-6010	111	2	initial	initial	ADJ
fbem-6010	111	3	innovation	innovation	NOUN
fbem-6010	111	4	investment	investment	NOUN
fbem-6010	111	5	only	only	ADV
fbem-6010	111	6	means	mean	VERB
fbem-6010	111	7	that	that	SCONJ
fbem-6010	111	8	the	the	DET
fbem-6010	111	9	shareholders	shareholder	NOUN
fbem-6010	111	10	and	and	CCONJ
fbem-6010	111	11	creditors	creditor	NOUN
fbem-6010	111	12	have	have	VERB
fbem-6010	111	13	the	the	DET
fbem-6010	111	14	innovation	innovation	NOUN
fbem-6010	111	15	investment	investment	NOUN
fbem-6010	111	16	in	in	ADP
fbem-6010	111	17	the	the	DET
fbem-6010	111	18	technology	technology	NOUN
fbem-6010	111	19	,	,	PUNCT
fbem-6010	111	20	product	product	NOUN
fbem-6010	111	21	or	or	CCONJ
fbem-6010	111	22	management	management	NOUN
fbem-6010	111	23	of	of	ADP
fbem-6010	111	24	the	the	DET
fbem-6010	111	25	enterprise	enterprise	NOUN
fbem-6010	111	26	,	,	PUNCT
fbem-6010	111	27	and	and	CCONJ
fbem-6010	111	28	does	do	AUX
fbem-6010	111	29	not	not	PART
fbem-6010	111	30	involve	involve	VERB
fbem-6010	111	31	the	the	DET
fbem-6010	111	32	relationship	relationship	NOUN
fbem-6010	111	33	between	between	ADP
fbem-6010	111	34	the	the	DET
fbem-6010	111	35	capital	capital	NOUN
fbem-6010	111	36	structure	structure	NOUN
fbem-6010	111	37	and	and	CCONJ
fbem-6010	111	38	corporate	corporate	ADJ
fbem-6010	111	39	governance	governance	NOUN
fbem-6010	111	40	at	at	ADV
fbem-6010	111	41	all	all	ADV
fbem-6010	111	42	.	.	PUNCT
fbem-6010	112	1	through	through	ADP
fbem-6010	112	2	the	the	DET
fbem-6010	112	3	previous	previous	ADJ
fbem-6010	112	4	reading	reading	NOUN
fbem-6010	112	5	of	of	ADP
fbem-6010	112	6	the	the	DET
fbem-6010	112	7	literature	literature	NOUN
fbem-6010	112	8	,	,	PUNCT
fbem-6010	112	9	we	we	PRON
fbem-6010	112	10	can	can	AUX
fbem-6010	112	11	know	know	VERB
fbem-6010	112	12	that	that	SCONJ
fbem-6010	112	13	the	the	DET
fbem-6010	112	14	enterprises	enterprise	NOUN
fbem-6010	112	15	with	with	ADP
fbem-6010	112	16	concentrated	concentrated	ADJ
fbem-6010	112	17	equity	equity	NOUN
fbem-6010	112	18	have	have	VERB
fbem-6010	112	19	a	a	DET
fbem-6010	112	20	low	low	ADJ
fbem-6010	112	21	agency	agency	NOUN
fbem-6010	112	22	cost	cost	NOUN
fbem-6010	112	23	,	,	PUNCT
fbem-6010	112	24	and	and	CCONJ
fbem-6010	112	25	due	due	ADP
fbem-6010	112	26	to	to	ADP
fbem-6010	112	27	the	the	DET
fbem-6010	112	28	incentive	incentive	NOUN
fbem-6010	112	29	effect	effect	NOUN
fbem-6010	112	30	of	of	ADP
fbem-6010	112	31	the	the	DET
fbem-6010	112	32	major	major	ADJ
fbem-6010	112	33	shareholders	shareholder	NOUN
fbem-6010	112	34	on	on	ADP
fbem-6010	112	35	the	the	DET
fbem-6010	112	36	management	management	NOUN
fbem-6010	112	37	,	,	PUNCT
fbem-6010	112	38	the	the	DET
fbem-6010	112	39	major	major	ADJ
fbem-6010	112	40	shareholders	shareholder	NOUN
fbem-6010	112	41	are	be	AUX
fbem-6010	112	42	also	also	ADV
fbem-6010	112	43	easy	easy	ADJ
fbem-6010	112	44	to	to	PART
fbem-6010	112	45	make	make	VERB
fbem-6010	112	46	decisions	decision	NOUN
fbem-6010	112	47	,	,	PUNCT
fbem-6010	112	48	which	which	PRON
fbem-6010	112	49	will	will	AUX
fbem-6010	112	50	enhance	enhance	VERB
fbem-6010	112	51	the	the	DET
fbem-6010	112	52	value	value	NOUN
fbem-6010	112	53	of	of	ADP
fbem-6010	112	54	the	the	DET
fbem-6010	112	55	enterprise	enterprise	NOUN
fbem-6010	112	56	.	.	PUNCT
fbem-6010	113	1	enterprise	enterprise	NOUN
fbem-6010	113	2	growth	growth	NOUN
fbem-6010	113	3	ability	ability	NOUN
fbem-6010	113	4	.	.	PUNCT
fbem-6010	114	1	this	this	DET
fbem-6010	114	2	paper	paper	NOUN
fbem-6010	114	3	chooses	choose	VERB
fbem-6010	114	4	the	the	DET
fbem-6010	114	5	growth	growth	NOUN
fbem-6010	114	6	rate	rate	NOUN
fbem-6010	114	7	of	of	ADP
fbem-6010	114	8	net	net	ADJ
fbem-6010	114	9	assets	asset	NOUN
fbem-6010	114	10	to	to	PART
fbem-6010	114	11	measure	measure	VERB
fbem-6010	114	12	it	it	PRON
fbem-6010	114	13	.	.	PUNCT
fbem-6010	115	1	enterprises	enterprise	NOUN
fbem-6010	115	2	have	have	VERB
fbem-6010	115	3	strong	strong	ADJ
fbem-6010	115	4	growth	growth	NOUN
fbem-6010	115	5	ability	ability	NOUN
fbem-6010	115	6	,	,	PUNCT
fbem-6010	115	7	but	but	CCONJ
fbem-6010	115	8	also	also	ADV
fbem-6010	115	9	have	have	VERB
fbem-6010	115	10	great	great	ADJ
fbem-6010	115	11	development	development	NOUN
fbem-6010	115	12	potential	potential	NOUN
fbem-6010	115	13	.	.	PUNCT
fbem-6010	116	1	some	some	DET
fbem-6010	116	2	scholars	scholar	NOUN
fbem-6010	116	3	also	also	ADV
fbem-6010	116	4	point	point	VERB
fbem-6010	116	5	out	out	ADP
fbem-6010	116	6	that	that	SCONJ
fbem-6010	116	7	growth	growth	NOUN
fbem-6010	116	8	enterprises	enterprise	NOUN
fbem-6010	116	9	will	will	AUX
fbem-6010	116	10	invest	invest	VERB
fbem-6010	116	11	heavily	heavily	ADV
fbem-6010	116	12	in	in	ADP
fbem-6010	116	13	innovation	innovation	NOUN
fbem-6010	116	14	activities	activity	NOUN
fbem-6010	116	15	.	.	PUNCT
fbem-6010	117	1	when	when	SCONJ
fbem-6010	117	2	the	the	DET
fbem-6010	117	3	capital	capital	NOUN
fbem-6010	117	4	market	market	NOUN
fbem-6010	117	5	is	be	AUX
fbem-6010	117	6	119	119	NUM
fbem-6010	117	7	more	more	ADV
fbem-6010	117	8	effective	effective	ADJ
fbem-6010	117	9	,	,	PUNCT
fbem-6010	117	10	the	the	DET
fbem-6010	117	11	stock	stock	NOUN
fbem-6010	117	12	price	price	NOUN
fbem-6010	117	13	will	will	AUX
fbem-6010	117	14	rise	rise	VERB
fbem-6010	117	15	,	,	PUNCT
fbem-6010	117	16	and	and	CCONJ
fbem-6010	117	17	its	its	PRON
fbem-6010	117	18	corporate	corporate	ADJ
fbem-6010	117	19	value	value	NOUN
fbem-6010	117	20	will	will	AUX
fbem-6010	117	21	increase	increase	VERB
fbem-6010	117	22	.	.	PUNCT
fbem-6010	118	1	so	so	ADV
fbem-6010	118	2	it	it	PRON
fbem-6010	118	3	is	be	AUX
fbem-6010	118	4	very	very	ADV
fbem-6010	118	5	necessary	necessary	ADJ
fbem-6010	118	6	to	to	PART
fbem-6010	118	7	control	control	VERB
fbem-6010	118	8	the	the	DET
fbem-6010	118	9	growth	growth	NOUN
fbem-6010	118	10	rate	rate	NOUN
fbem-6010	118	11	of	of	ADP
fbem-6010	118	12	net	net	ADJ
fbem-6010	118	13	assets	asset	NOUN
fbem-6010	118	14	.	.	PUNCT
fbem-6010	119	1	table	table	NOUN
fbem-6010	119	2	2	2	NUM
fbem-6010	119	3	.	.	PUNCT
fbem-6010	119	4	summary	summary	NOUN
fbem-6010	119	5	table	table	NOUN
fbem-6010	119	6	of	of	ADP
fbem-6010	119	7	variable	variable	ADJ
fbem-6010	119	8	definitions	definition	NOUN
fbem-6010	119	9	type	type	NOUN
fbem-6010	119	10	of	of	ADP
fbem-6010	119	11	variable	variable	ADJ
fbem-6010	119	12	variable	variable	ADJ
fbem-6010	119	13	name	name	NOUN
fbem-6010	119	14	variable	variable	PROPN
fbem-6010	119	15	code	code	PROPN
fbem-6010	119	16	variable	variable	ADJ
fbem-6010	119	17	measurement	measurement	NOUN
fbem-6010	119	18	method	method	NOUN
fbem-6010	119	19	explained	explain	VERB
fbem-6010	119	20	variable	variable	ADJ
fbem-6010	119	21	enterprise	enterprise	NOUN
fbem-6010	119	22	value	value	NOUN
fbem-6010	119	23	cv	cv	PROPN
fbem-6010	119	24	factor	factor	NOUN
fbem-6010	119	25	analysis	analysis	NOUN
fbem-6010	119	26	method	method	NOUN
fbem-6010	119	27	is	be	AUX
fbem-6010	119	28	used	use	VERB
fbem-6010	119	29	to	to	PART
fbem-6010	119	30	obtain	obtain	VERB
fbem-6010	119	31	the	the	DET
fbem-6010	119	32	comprehensive	comprehensive	ADJ
fbem-6010	119	33	score	score	NOUN
fbem-6010	119	34	of	of	ADP
fbem-6010	119	35	enterprise	enterprise	NOUN
fbem-6010	119	36	profit	profit	NOUN
fbem-6010	119	37	,	,	PUNCT
fbem-6010	119	38	debt	debt	NOUN
fbem-6010	119	39	repayment	repayment	NOUN
fbem-6010	119	40	,	,	PUNCT
fbem-6010	119	41	operation	operation	NOUN
fbem-6010	119	42	and	and	CCONJ
fbem-6010	119	43	development	development	NOUN
fbem-6010	119	44	ability	ability	NOUN
fbem-6010	119	45	.	.	PUNCT
fbem-6010	120	1	explanatory	explanatory	ADJ
fbem-6010	120	2	variable	variable	ADJ
fbem-6010	120	3	innovation	innovation	NOUN
fbem-6010	120	4	investment	investment	NOUN
fbem-6010	120	5	rd1	rd1	PROPN
fbem-6010	120	6	r	r	NOUN
fbem-6010	120	7	&	&	CCONJ
fbem-6010	120	8	d	d	PROPN
fbem-6010	120	9	investment	investment	NOUN
fbem-6010	120	10	/	/	SYM
fbem-6010	120	11	total	total	ADJ
fbem-6010	120	12	assets	asset	NOUN
fbem-6010	120	13	rd2	rd2	NOUN
fbem-6010	120	14	total	total	ADJ
fbem-6010	120	15	number	number	NOUN
fbem-6010	120	16	of	of	ADP
fbem-6010	120	17	r	r	NOUN
fbem-6010	120	18	&	&	CCONJ
fbem-6010	120	19	d	d	PROPN
fbem-6010	120	20	staff	staff	NOUN
fbem-6010	120	21	/	/	SYM
fbem-6010	120	22	total	total	ADJ
fbem-6010	120	23	number	number	NOUN
fbem-6010	120	24	of	of	ADP
fbem-6010	120	25	employees	employee	NOUN
fbem-6010	120	26	of	of	ADP
fbem-6010	120	27	the	the	DET
fbem-6010	120	28	enterprise	enterprise	NOUN
fbem-6010	120	29	regulated	regulate	VERB
fbem-6010	120	30	variable	variable	ADJ
fbem-6010	120	31	equity	equity	NOUN
fbem-6010	120	32	incentive	incentive	NOUN
fbem-6010	120	33	intensity	intensity	NOUN
fbem-6010	120	34	ei1	ei1	PROPN
fbem-6010	120	35	number	number	NOUN
fbem-6010	120	36	of	of	ADP
fbem-6010	120	37	shares	share	NOUN
fbem-6010	120	38	of	of	ADP
fbem-6010	120	39	the	the	DET
fbem-6010	120	40	equity	equity	NOUN
fbem-6010	120	41	incentive	incentive	NOUN
fbem-6010	120	42	/	/	SYM
fbem-6010	120	43	total	total	ADJ
fbem-6010	120	44	share	share	NOUN
fbem-6010	120	45	capital	capital	NOUN
fbem-6010	120	46	when	when	SCONJ
fbem-6010	120	47	the	the	DET
fbem-6010	120	48	equity	equity	NOUN
fbem-6010	120	49	incentive	incentive	NOUN
fbem-6010	120	50	plan	plan	NOUN
fbem-6010	120	51	is	be	AUX
fbem-6010	120	52	issued	issue	VERB
fbem-6010	120	53	validity	validity	NOUN
fbem-6010	120	54	period	period	NOUN
fbem-6010	120	55	of	of	ADP
fbem-6010	120	56	equity	equity	NOUN
fbem-6010	120	57	incentive	incentive	NOUN
fbem-6010	120	58	ei2	ei2	NOUN
fbem-6010	120	59	number	number	NOUN
fbem-6010	120	60	of	of	ADP
fbem-6010	120	61	effective	effective	ADJ
fbem-6010	120	62	years	year	NOUN
fbem-6010	120	63	of	of	ADP
fbem-6010	120	64	the	the	DET
fbem-6010	120	65	equity	equity	NOUN
fbem-6010	120	66	incentive	incentive	PROPN
fbem-6010	120	67	plan	plan	NOUN
fbem-6010	120	68	controlled	control	VERB
fbem-6010	120	69	variable	variable	ADJ
fbem-6010	120	70	asset	asset	NOUN
fbem-6010	120	71	-	-	PUNCT
fbem-6010	120	72	liability	liability	NOUN
fbem-6010	120	73	ratio	ratio	NOUN
fbem-6010	120	74	lev	lev	NOUN
fbem-6010	120	75	asset	asset	NOUN
fbem-6010	120	76	-	-	PUNCT
fbem-6010	120	77	liability	liability	NOUN
fbem-6010	120	78	ratio	ratio	NOUN
fbem-6010	120	79	scale	scale	NOUN
fbem-6010	120	80	csize	csize	VERB
fbem-6010	120	81	natural	natural	ADJ
fbem-6010	120	82	logarithm	logarithm	NOUN
fbem-6010	120	83	of	of	ADP
fbem-6010	120	84	the	the	DET
fbem-6010	120	85	total	total	ADJ
fbem-6010	120	86	assets	asset	NOUN
fbem-6010	120	87	net	net	ADJ
fbem-6010	120	88	asset	asset	NOUN
fbem-6010	120	89	growth	growth	NOUN
fbem-6010	120	90	rate	rate	NOUN
fbem-6010	120	91	growth	growth	NOUN
fbem-6010	120	92	(	(	PUNCT
fbem-6010	120	93	net	net	ADJ
fbem-6010	120	94	assets	asset	NOUN
fbem-6010	120	95	at	at	ADP
fbem-6010	120	96	the	the	DET
fbem-6010	120	97	end	end	NOUN
fbem-6010	120	98	-	-	PUNCT
fbem-6010	120	99	net	net	ADJ
fbem-6010	120	100	assets	asset	NOUN
fbem-6010	120	101	at	at	ADP
fbem-6010	120	102	the	the	DET
fbem-6010	120	103	beginning	beginning	NOUN
fbem-6010	120	104	)	)	PUNCT
fbem-6010	120	105	/	/	SYM
fbem-6010	120	106	100	100	NUM
fbem-6010	120	107	%	%	NOUN
fbem-6010	120	108	of	of	ADP
fbem-6010	120	109	net	net	ADJ
fbem-6010	120	110	assets	asset	NOUN
fbem-6010	120	111	at	at	ADP
fbem-6010	120	112	the	the	DET
fbem-6010	120	113	beginning	beginning	NOUN
fbem-6010	120	114	the	the	DET
fbem-6010	120	115	largest	large	ADJ
fbem-6010	120	116	shareholder	shareholder	NOUN
fbem-6010	120	117	shareholding	shareholding	NOUN
fbem-6010	120	118	ratio	ratio	NOUN
fbem-6010	120	119	f1	f1	NOUN
fbem-6010	120	120	the	the	DET
fbem-6010	120	121	proportion	proportion	NOUN
fbem-6010	120	122	of	of	ADP
fbem-6010	120	123	the	the	DET
fbem-6010	120	124	largest	large	ADJ
fbem-6010	120	125	shareholder	shareholder	NOUN
fbem-6010	120	126	's	's	PART
fbem-6010	120	127	holdings	holding	NOUN
fbem-6010	120	128	in	in	ADP
fbem-6010	120	129	the	the	DET
fbem-6010	120	130	total	total	ADJ
fbem-6010	120	131	share	share	NOUN
fbem-6010	120	132	capital	capital	NOUN
fbem-6010	120	133	of	of	ADP
fbem-6010	120	134	the	the	DET
fbem-6010	120	135	enterprise	enterprise	NOUN
fbem-6010	120	136	3.5	3.5	NUM
fbem-6010	120	137	.	.	PUNCT
fbem-6010	121	1	model	model	NOUN
fbem-6010	121	2	design	design	NOUN
fbem-6010	121	3	in	in	ADP
fbem-6010	121	4	order	order	NOUN
fbem-6010	121	5	to	to	PART
fbem-6010	121	6	test	test	VERB
fbem-6010	121	7	the	the	DET
fbem-6010	121	8	relationship	relationship	NOUN
fbem-6010	121	9	between	between	ADP
fbem-6010	121	10	enterprise	enterprise	NOUN
fbem-6010	121	11	innovation	innovation	NOUN
fbem-6010	121	12	investment	investment	NOUN
fbem-6010	121	13	and	and	CCONJ
fbem-6010	121	14	enterprise	enterprise	NOUN
fbem-6010	121	15	value	value	NOUN
fbem-6010	121	16	,	,	PUNCT
fbem-6010	121	17	the	the	DET
fbem-6010	121	18	following	follow	VERB
fbem-6010	121	19	two	two	NUM
fbem-6010	121	20	multivariate	multivariate	NOUN
fbem-6010	121	21	regression	regression	NOUN
fbem-6010	121	22	models	model	NOUN
fbem-6010	121	23	are	be	AUX
fbem-6010	121	24	set	set	VERB
fbem-6010	121	25	up	up	ADP
fbem-6010	121	26	in	in	ADP
fbem-6010	121	27	this	this	DET
fbem-6010	121	28	paper	paper	NOUN
fbem-6010	121	29	.	.	PUNCT
fbem-6010	122	1	in	in	ADP
fbem-6010	122	2	the	the	DET
fbem-6010	122	3	following	following	ADJ
fbem-6010	122	4	model	model	NOUN
fbem-6010	122	5	,	,	PUNCT
fbem-6010	122	6	rd	rd	PROPN
fbem-6010	122	7	represents	represent	VERB
fbem-6010	122	8	the	the	DET
fbem-6010	122	9	level	level	NOUN
fbem-6010	122	10	of	of	ADP
fbem-6010	122	11	enterprise	enterprise	NOUN
fbem-6010	122	12	innovation	innovation	NOUN
fbem-6010	122	13	investment	investment	NOUN
fbem-6010	122	14	,	,	PUNCT
fbem-6010	122	15	cv	cv	PROPN
fbem-6010	122	16	represents	represent	VERB
fbem-6010	122	17	enterprise	enterprise	NOUN
fbem-6010	122	18	value	value	NOUN
fbem-6010	122	19	,	,	PUNCT
fbem-6010	122	20	ei	ei	PROPN
fbem-6010	122	21	represents	represent	VERB
fbem-6010	122	22	the	the	DET
fbem-6010	122	23	equity	equity	NOUN
fbem-6010	122	24	incentive	incentive	NOUN
fbem-6010	122	25	of	of	ADP
fbem-6010	122	26	the	the	DET
fbem-6010	122	27	enterprise	enterprise	NOUN
fbem-6010	122	28	,	,	PUNCT
fbem-6010	122	29	rdi	rdi	PROPN
fbem-6010	122	30	i	i	PRON
fbem-6010	122	31	represents	represent	VERB
fbem-6010	122	32	the	the	DET
fbem-6010	122	33	interaction	interaction	NOUN
fbem-6010	122	34	item	item	NOUN
fbem-6010	122	35	of	of	ADP
fbem-6010	122	36	enterprise	enterprise	NOUN
fbem-6010	122	37	innovation	innovation	NOUN
fbem-6010	122	38	investment	investment	NOUN
fbem-6010	122	39	and	and	CCONJ
fbem-6010	122	40	equity	equity	NOUN
fbem-6010	122	41	incentive	incentive	NOUN
fbem-6010	122	42	,	,	PUNCT
fbem-6010	122	43	and	and	CCONJ
fbem-6010	122	44	control	control	NOUN
fbem-6010	122	45	represents	represent	VERB
fbem-6010	122	46	all	all	DET
fbem-6010	122	47	control	control	NOUN
fbem-6010	122	48	variables	variable	NOUN
fbem-6010	122	49	.	.	PUNCT
fbem-6010	123	1	at	at	ADP
fbem-6010	123	2	the	the	DET
fbem-6010	123	3	same	same	ADJ
fbem-6010	123	4	time	time	NOUN
fbem-6010	123	5	,	,	PUNCT
fbem-6010	123	6	this	this	DET
fbem-6010	123	7	paper	paper	NOUN
fbem-6010	123	8	also	also	ADV
fbem-6010	123	9	controls	control	VERB
fbem-6010	123	10	the	the	DET
fbem-6010	123	11	year	year	NOUN
fbem-6010	123	12	and	and	CCONJ
fbem-6010	123	13	industry	industry	NOUN
fbem-6010	123	14	virtual	virtual	ADJ
fbem-6010	123	15	variables	variable	NOUN
fbem-6010	123	16	.	.	PUNCT
fbem-6010	124	1	for	for	ADP
fbem-6010	124	2	assumptions	assumption	NOUN
fbem-6010	124	3	1,2	1,2	NUM
fbem-6010	124	4	,	,	PUNCT
fbem-6010	124	5	and	and	CCONJ
fbem-6010	124	6	3	3	NUM
fbem-6010	124	7	;	;	PUNCT
fbem-6010	124	8	cv	cv	PROPN
fbem-6010	124	9	,	,	PUNCT
fbem-6010	124	10	α	α	PROPN
fbem-6010	124	11	α	α	PROPN
fbem-6010	124	12	rd	rd	PROPN
fbem-6010	124	13	,	,	PUNCT
fbem-6010	124	14	γ	γ	PROPN
fbem-6010	124	15	controls	control	NOUN
fbem-6010	124	16	,	,	PUNCT
fbem-6010	124	17	ε	ε	PROPN
fbem-6010	124	18	,	,	PUNCT
fbem-6010	124	19	for	for	ADP
fbem-6010	124	20	assumptions	assumption	NOUN
fbem-6010	124	21	4,5	4,5	NUM
fbem-6010	124	22	:	:	PUNCT
fbem-6010	124	23	cv	cv	PROPN
fbem-6010	124	24	,	,	PUNCT
fbem-6010	124	25	α	α	PROPN
fbem-6010	124	26	α	α	PROPN
fbem-6010	124	27	rd	rd	PROPN
fbem-6010	124	28	,	,	PUNCT
fbem-6010	124	29	α	α	PROPN
fbem-6010	124	30	ei	ei	PROPN
fbem-6010	124	31	rd	rd	PROPN
fbem-6010	124	32	γ	γ	PROPN
fbem-6010	124	33	controls	control	NOUN
fbem-6010	124	34	,	,	PUNCT
fbem-6010	124	35	ε	ε	PROPN
fbem-6010	124	36	,	,	PUNCT
fbem-6010	124	37	4	4	X
fbem-6010	124	38	.	.	PUNCT
fbem-6010	124	39	empirical	empirical	ADJ
fbem-6010	124	40	analysis	analysis	NOUN
fbem-6010	124	41	4.1	4.1	NUM
fbem-6010	124	42	.	.	PUNCT
fbem-6010	125	1	factor	factor	NOUN
fbem-6010	125	2	analysis	analysis	NOUN
fbem-6010	125	3	in	in	ADP
fbem-6010	125	4	order	order	NOUN
fbem-6010	125	5	to	to	PART
fbem-6010	125	6	measure	measure	VERB
fbem-6010	125	7	the	the	DET
fbem-6010	125	8	enterprise	enterprise	NOUN
fbem-6010	125	9	value	value	NOUN
fbem-6010	125	10	of	of	ADP
fbem-6010	125	11	the	the	DET
fbem-6010	125	12	explained	explain	VERB
fbem-6010	125	13	variable	variable	NOUN
fbem-6010	125	14	,	,	PUNCT
fbem-6010	125	15	this	this	DET
fbem-6010	125	16	paper	paper	NOUN
fbem-6010	125	17	needs	need	VERB
fbem-6010	125	18	to	to	PART
fbem-6010	125	19	extract	extract	VERB
fbem-6010	125	20	the	the	DET
fbem-6010	125	21	public	public	ADJ
fbem-6010	125	22	factor	factor	NOUN
fbem-6010	125	23	of	of	ADP
fbem-6010	125	24	the	the	DET
fbem-6010	125	25	selected	select	VERB
fbem-6010	125	26	nine	nine	NUM
fbem-6010	125	27	indicators	indicator	NOUN
fbem-6010	125	28	.	.	PUNCT
fbem-6010	126	1	first	first	ADV
fbem-6010	126	2	of	of	ADP
fbem-6010	126	3	all	all	PRON
fbem-6010	126	4	,	,	PUNCT
fbem-6010	126	5	kmo	kmo	PROPN
fbem-6010	126	6	and	and	CCONJ
fbem-6010	126	7	bartlett	bartlett	PROPN
fbem-6010	126	8	tests	test	NOUN
fbem-6010	126	9	should	should	AUX
fbem-6010	126	10	be	be	AUX
fbem-6010	126	11	conducted	conduct	VERB
fbem-6010	126	12	to	to	PART
fbem-6010	126	13	determine	determine	VERB
fbem-6010	126	14	whether	whether	SCONJ
fbem-6010	126	15	they	they	PRON
fbem-6010	126	16	are	be	AUX
fbem-6010	126	17	suitable	suitable	ADJ
fbem-6010	126	18	for	for	ADP
fbem-6010	126	19	factor	factor	NOUN
fbem-6010	126	20	analysis	analysis	NOUN
fbem-6010	126	21	research	research	NOUN
fbem-6010	126	22	.	.	PUNCT
fbem-6010	127	1	the	the	DET
fbem-6010	127	2	extracted	extract	VERB
fbem-6010	127	3	factor	factor	NOUN
fbem-6010	127	4	was	be	AUX
fbem-6010	127	5	rotated	rotate	VERB
fbem-6010	127	6	based	base	VERB
fbem-6010	127	7	on	on	ADP
fbem-6010	127	8	the	the	DET
fbem-6010	127	9	pca	pca	PROPN
fbem-6010	127	10	of	of	ADP
fbem-6010	127	11	the	the	DET
fbem-6010	127	12	index	index	NOUN
fbem-6010	127	13	to	to	PART
fbem-6010	127	14	obtain	obtain	VERB
fbem-6010	127	15	higher	high	ADJ
fbem-6010	127	16	interpretability	interpretability	NOUN
fbem-6010	127	17	to	to	PART
fbem-6010	127	18	identify	identify	VERB
fbem-6010	127	19	the	the	DET
fbem-6010	127	20	common	common	ADJ
fbem-6010	127	21	factor	factor	NOUN
fbem-6010	127	22	.	.	PUNCT
fbem-6010	128	1	finally	finally	ADV
fbem-6010	128	2	,	,	PUNCT
fbem-6010	128	3	the	the	DET
fbem-6010	128	4	weight	weight	NOUN
fbem-6010	128	5	of	of	ADP
fbem-6010	128	6	the	the	DET
fbem-6010	128	7	factor	factor	NOUN
fbem-6010	128	8	is	be	AUX
fbem-6010	128	9	determined	determine	VERB
fbem-6010	128	10	according	accord	VERB
fbem-6010	128	11	to	to	ADP
fbem-6010	128	12	the	the	DET
fbem-6010	128	13	proportion	proportion	NOUN
fbem-6010	128	14	of	of	ADP
fbem-6010	128	15	the	the	DET
fbem-6010	128	16	rotating	rotate	VERB
fbem-6010	128	17	variance	variance	NOUN
fbem-6010	128	18	contribution	contribution	NOUN
fbem-6010	128	19	to	to	ADP
fbem-6010	128	20	the	the	DET
fbem-6010	128	21	cumulative	cumulative	ADJ
fbem-6010	128	22	variance	variance	NOUN
fbem-6010	128	23	contribution	contribution	NOUN
fbem-6010	128	24	,	,	PUNCT
fbem-6010	128	25	so	so	SCONJ
fbem-6010	128	26	as	as	SCONJ
fbem-6010	128	27	to	to	PART
fbem-6010	128	28	build	build	VERB
fbem-6010	128	29	the	the	DET
fbem-6010	128	30	comprehensive	comprehensive	ADJ
fbem-6010	128	31	score	score	NOUN
fbem-6010	128	32	function	function	NOUN
fbem-6010	128	33	.	.	PUNCT
fbem-6010	129	1	4.1.1	4.1.1	X
fbem-6010	129	2	.	.	PUNCT
fbem-6010	130	1	kmo	kmo	PROPN
fbem-6010	130	2	and	and	CCONJ
fbem-6010	130	3	bartlett	bartlett	PROPN
fbem-6010	130	4	tests	test	NOUN
fbem-6010	130	5	after	after	SCONJ
fbem-6010	130	6	kmo	kmo	PROPN
fbem-6010	130	7	and	and	CCONJ
fbem-6010	130	8	bartlett	bartlett	PROPN
fbem-6010	130	9	tests	test	NOUN
fbem-6010	130	10	were	be	AUX
fbem-6010	130	11	available	available	ADJ
fbem-6010	130	12	,	,	PUNCT
fbem-6010	130	13	kmo	kmo	PROPN
fbem-6010	130	14	value	value	NOUN
fbem-6010	130	15	=	=	NOUN
fbem-6010	130	16	0.712	0.712	NUM
fbem-6010	130	17	,	,	PUNCT
fbem-6010	130	18	the	the	DET
fbem-6010	130	19	significance	significance	NOUN
fbem-6010	130	20	level	level	NOUN
fbem-6010	130	21	of	of	ADP
fbem-6010	130	22	bartlett	bartlett	PROPN
fbem-6010	130	23	's	's	PART
fbem-6010	130	24	spherical	spherical	ADJ
fbem-6010	130	25	test	test	NOUN
fbem-6010	130	26	was	be	AUX
fbem-6010	130	27	0	0	NUM
fbem-6010	130	28	,	,	PUNCT
fbem-6010	130	29	indicating	indicate	VERB
fbem-6010	130	30	that	that	SCONJ
fbem-6010	130	31	the	the	DET
fbem-6010	130	32	selected	select	VERB
fbem-6010	130	33	indicators	indicator	NOUN
fbem-6010	130	34	and	and	CCONJ
fbem-6010	130	35	data	datum	NOUN
fbem-6010	130	36	are	be	AUX
fbem-6010	130	37	well	well	ADV
fbem-6010	130	38	related	related	ADJ
fbem-6010	130	39	and	and	CCONJ
fbem-6010	130	40	significance	significance	NOUN
fbem-6010	130	41	,	,	PUNCT
fbem-6010	130	42	and	and	CCONJ
fbem-6010	130	43	factor	factor	NOUN
fbem-6010	130	44	analysis	analysis	NOUN
fbem-6010	130	45	can	can	AUX
fbem-6010	130	46	be	be	AUX
fbem-6010	130	47	performed	perform	VERB
fbem-6010	130	48	.	.	PUNCT
fbem-6010	131	1	4.1.2	4.1.2	X
fbem-6010	131	2	.	.	X
fbem-6010	131	3	factors	factor	NOUN
fbem-6010	131	4	were	be	AUX
fbem-6010	131	5	extracted	extract	VERB
fbem-6010	131	6	by	by	ADP
fbem-6010	131	7	principal	principal	ADJ
fbem-6010	131	8	component	component	NOUN
fbem-6010	131	9	analysis	analysis	NOUN
fbem-6010	131	10	the	the	DET
fbem-6010	131	11	common	common	ADJ
fbem-6010	131	12	factor	factor	NOUN
fbem-6010	131	13	was	be	AUX
fbem-6010	131	14	extracted	extract	VERB
fbem-6010	131	15	based	base	VERB
fbem-6010	131	16	on	on	ADP
fbem-6010	131	17	the	the	DET
fbem-6010	131	18	eigenvalue	eigenvalue	NOUN
fbem-6010	131	19	greater	great	ADJ
fbem-6010	131	20	than	than	ADP
fbem-6010	131	21	1	1	NUM
fbem-6010	131	22	,	,	PUNCT
fbem-6010	131	23	and	and	CCONJ
fbem-6010	131	24	the	the	DET
fbem-6010	131	25	total	total	ADJ
fbem-6010	131	26	variance	variance	NOUN
fbem-6010	131	27	interpretation	interpretation	NOUN
fbem-6010	131	28	is	be	AUX
fbem-6010	131	29	shown	show	VERB
fbem-6010	131	30	in	in	ADP
fbem-6010	131	31	table	table	NOUN
fbem-6010	131	32	3	3	NUM
fbem-6010	131	33	below	below	ADV
fbem-6010	131	34	.	.	PUNCT
fbem-6010	132	1	table	table	NOUN
fbem-6010	132	2	3	3	NUM
fbem-6010	132	3	.	.	PUNCT
fbem-6010	133	1	interpretation	interpretation	NOUN
fbem-6010	133	2	of	of	ADP
fbem-6010	133	3	the	the	DET
fbem-6010	133	4	total	total	ADJ
fbem-6010	133	5	variance	variance	NOUN
fbem-6010	133	6	ingredient	ingredient	NOUN
fbem-6010	133	7	initial	initial	NOUN
fbem-6010	133	8	eigenvalue	eigenvalue	VERB
fbem-6010	133	9	the	the	DET
fbem-6010	133	10	sum	sum	NOUN
fbem-6010	133	11	of	of	ADP
fbem-6010	133	12	the	the	DET
fbem-6010	133	13	load	load	NOUN
fbem-6010	133	14	squares	square	NOUN
fbem-6010	133	15	was	be	AUX
fbem-6010	133	16	extracted	extract	VERB
fbem-6010	133	17	sum	sum	NOUN
fbem-6010	133	18	of	of	ADP
fbem-6010	133	19	the	the	DET
fbem-6010	133	20	rotating	rotate	VERB
fbem-6010	133	21	load	load	NOUN
fbem-6010	133	22	squares	square	NOUN
fbem-6010	133	23	amount	amount	NOUN
fbem-6010	133	24	to	to	PART
fbem-6010	133	25	variance	variance	VERB
fbem-6010	133	26	percentage	percentage	NOUN
fbem-6010	133	27	accumulative	accumulative	NOUN
fbem-6010	133	28	total%	total%	NUM
fbem-6010	133	29	amount	amount	NOUN
fbem-6010	133	30	to	to	PART
fbem-6010	133	31	variance	variance	VERB
fbem-6010	133	32	percentage	percentage	NOUN
fbem-6010	133	33	accumulative	accumulative	NOUN
fbem-6010	133	34	total%	total%	NUM
fbem-6010	133	35	amount	amount	NOUN
fbem-6010	133	36	to	to	PART
fbem-6010	133	37	variance	variance	VERB
fbem-6010	133	38	percentage	percentage	NOUN
fbem-6010	133	39	accumulative	accumulative	NOUN
fbem-6010	133	40	total%	total%	NUM
fbem-6010	133	41	1	1	NUM
fbem-6010	133	42	3.32292	3.32292	NUM
fbem-6010	133	43	33.23	33.23	NUM
fbem-6010	133	44	33.23	33.23	NUM
fbem-6010	133	45	3.32292	3.32292	NUM
fbem-6010	133	46	33.23	33.23	NUM
fbem-6010	133	47	33.23	33.23	NUM
fbem-6010	133	48	3.17532	3.17532	NUM
fbem-6010	133	49	31.75	31.75	NUM
fbem-6010	133	50	31.75	31.75	NUM
fbem-6010	133	51	2	2	NUM
fbem-6010	133	52	1.89327	1.89327	NUM
fbem-6010	133	53	18.93	18.93	NUM
fbem-6010	133	54	52.16	52.16	NUM
fbem-6010	133	55	1.89327	1.89327	NUM
fbem-6010	133	56	18.93	18.93	NUM
fbem-6010	133	57	52.16	52.16	NUM
fbem-6010	133	58	1.97862	1.97862	NUM
fbem-6010	133	59	19.79	19.79	NUM
fbem-6010	133	60	51.54	51.54	NUM
fbem-6010	133	61	3	3	NUM
fbem-6010	133	62	1.48185	1.48185	NUM
fbem-6010	133	63	14.82	14.82	NUM
fbem-6010	133	64	66.98	66.98	NUM
fbem-6010	133	65	1.48185	1.48185	NUM
fbem-6010	133	66	14.82	14.82	NUM
fbem-6010	133	67	66.98	66.98	NUM
fbem-6010	133	68	1.36878	1.36878	NUM
fbem-6010	133	69	13.69	13.69	NUM
fbem-6010	133	70	65.23	65.23	NUM
fbem-6010	133	71	4	4	NUM
fbem-6010	133	72	1.03639	1.03639	NUM
fbem-6010	133	73	10.36	10.36	NUM
fbem-6010	133	74	77.34	77.34	NUM
fbem-6010	134	1	1.03639	1.03639	NUM
fbem-6010	134	2	10.36	10.36	NUM
fbem-6010	134	3	77.34	77.34	NUM
fbem-6010	134	4	1.21170	1.21170	NUM
fbem-6010	134	5	12.12	12.12	NUM
fbem-6010	134	6	77.34	77.34	NUM
fbem-6010	134	7	5	5	NUM
fbem-6010	134	8	0.93094	0.93094	NUM
fbem-6010	134	9	10.31	10.31	NUM
fbem-6010	134	10	87.65	87.65	NUM
fbem-6010	134	11	6	6	NUM
fbem-6010	134	12	0.68383	0.68383	NUM
fbem-6010	134	13	6.84	6.84	NUM
fbem-6010	134	14	94.49	94.49	NUM
fbem-6010	134	15	7	7	NUM
fbem-6010	134	16	0.48935	0.48935	NUM
fbem-6010	134	17	4.89	4.89	NUM
fbem-6010	134	18	99.39	99.39	NUM
fbem-6010	134	19	8	8	NUM
fbem-6010	134	20	0.05893	0.05893	NUM
fbem-6010	134	21	0.59	0.59	NUM
fbem-6010	134	22	99.97	99.97	NUM
fbem-6010	134	23	9	9	NUM
fbem-6010	134	24	0.00252	0.00252	NUM
fbem-6010	134	25	0.03	0.03	NUM
fbem-6010	134	26	100.00	100.00	NUM
fbem-6010	134	27	it	it	PRON
fbem-6010	134	28	can	can	AUX
fbem-6010	134	29	be	be	AUX
fbem-6010	134	30	seen	see	VERB
fbem-6010	134	31	from	from	ADP
fbem-6010	134	32	table	table	NOUN
fbem-6010	134	33	5	5	NUM
fbem-6010	134	34	-	-	SYM
fbem-6010	134	35	1	1	NUM
fbem-6010	134	36	:	:	PUNCT
fbem-6010	134	37	among	among	ADP
fbem-6010	134	38	the	the	DET
fbem-6010	134	39	silver	silver	ADJ
fbem-6010	134	40	factors	factor	NOUN
fbem-6010	134	41	of	of	ADP
fbem-6010	134	42	these	these	DET
fbem-6010	134	43	9	9	NUM
fbem-6010	134	44	variables	variable	NOUN
fbem-6010	134	45	,	,	PUNCT
fbem-6010	134	46	there	there	PRON
fbem-6010	134	47	are	be	VERB
fbem-6010	134	48	4	4	NUM
fbem-6010	134	49	factors	factor	NOUN
fbem-6010	134	50	with	with	ADP
fbem-6010	134	51	the	the	DET
fbem-6010	134	52	initial	initial	ADJ
fbem-6010	134	53	eigenvalue	eigenvalue	NOUN
fbem-6010	134	54	greater	great	ADJ
fbem-6010	134	55	than	than	ADP
fbem-6010	134	56	1	1	NUM
fbem-6010	134	57	before	before	ADP
fbem-6010	134	58	rotation	rotation	NOUN
fbem-6010	134	59	,	,	PUNCT
fbem-6010	134	60	and	and	CCONJ
fbem-6010	134	61	the	the	DET
fbem-6010	134	62	variance	variance	NOUN
fbem-6010	134	63	contribution	contribution	NOUN
fbem-6010	134	64	rate	rate	NOUN
fbem-6010	134	65	is	be	AUX
fbem-6010	134	66	33.23	33.23	NUM
fbem-6010	134	67	%	%	NOUN
fbem-6010	134	68	,	,	PUNCT
fbem-6010	134	69	18.93	18.93	NUM
fbem-6010	134	70	%	%	NOUN
fbem-6010	134	71	,	,	PUNCT
fbem-6010	134	72	14.82	14.82	NUM
fbem-6010	134	73	%	%	NOUN
fbem-6010	134	74	,	,	PUNCT
fbem-6010	134	75	and	and	CCONJ
fbem-6010	134	76	10.36	10.36	NUM
fbem-6010	134	77	%	%	NOUN
fbem-6010	134	78	respectively	respectively	ADV
fbem-6010	134	79	,	,	PUNCT
fbem-6010	134	80	explaining	explain	VERB
fbem-6010	134	81	77.34	77.34	NUM
fbem-6010	134	82	%	%	NOUN
fbem-6010	134	83	of	of	ADP
fbem-6010	134	84	the	the	DET
fbem-6010	134	85	total	total	ADJ
fbem-6010	134	86	variance	variance	NOUN
fbem-6010	134	87	of	of	ADP
fbem-6010	134	88	the	the	DET
fbem-6010	134	89	original	original	ADJ
fbem-6010	134	90	variables	variable	NOUN
fbem-6010	134	91	,	,	PUNCT
fbem-6010	134	92	and	and	CCONJ
fbem-6010	134	93	the	the	DET
fbem-6010	134	94	overall	overall	ADJ
fbem-6010	134	95	interpretation	interpretation	NOUN
fbem-6010	134	96	degree	degree	NOUN
fbem-6010	134	97	is	be	AUX
fbem-6010	134	98	high	high	ADJ
fbem-6010	134	99	.	.	PUNCT
fbem-6010	135	1	therefore	therefore	ADV
fbem-6010	135	2	,	,	PUNCT
fbem-6010	135	3	the	the	DET
fbem-6010	135	4	four	four	NUM
fbem-6010	135	5	principal	principal	ADJ
fbem-6010	135	6	components	component	NOUN
fbem-6010	135	7	extracted	extract	VERB
fbem-6010	135	8	basically	basically	ADV
fbem-6010	135	9	include	include	VERB
fbem-6010	135	10	the	the	DET
fbem-6010	135	11	main	main	ADJ
fbem-6010	135	12	information	information	NOUN
fbem-6010	135	13	of	of	ADP
fbem-6010	135	14	all	all	DET
fbem-6010	135	15	the	the	DET
fbem-6010	135	16	variables	variable	NOUN
fbem-6010	135	17	,	,	PUNCT
fbem-6010	135	18	which	which	PRON
fbem-6010	135	19	can	can	AUX
fbem-6010	135	20	120	120	NUM
fbem-6010	135	21	be	be	AUX
fbem-6010	135	22	used	use	VERB
fbem-6010	135	23	as	as	ADP
fbem-6010	135	24	common	common	ADJ
fbem-6010	135	25	factors	factor	NOUN
fbem-6010	135	26	.	.	PUNCT
fbem-6010	136	1	4.1.3	4.1.3	X
fbem-6010	136	2	.	.	PUNCT
fbem-6010	136	3	principal	principal	ADJ
fbem-6010	136	4	component	component	NOUN
fbem-6010	136	5	factor	factor	NOUN
fbem-6010	136	6	interpretation	interpretation	NOUN
fbem-6010	136	7	to	to	PART
fbem-6010	136	8	select	select	VERB
fbem-6010	136	9	the	the	DET
fbem-6010	136	10	typical	typical	ADJ
fbem-6010	136	11	variables	variable	NOUN
fbem-6010	136	12	in	in	ADP
fbem-6010	136	13	each	each	DET
fbem-6010	136	14	common	common	ADJ
fbem-6010	136	15	factor	factor	NOUN
fbem-6010	136	16	,	,	PUNCT
fbem-6010	136	17	the	the	DET
fbem-6010	136	18	common	common	ADJ
fbem-6010	136	19	factor	factor	NOUN
fbem-6010	136	20	can	can	AUX
fbem-6010	136	21	be	be	AUX
fbem-6010	136	22	rotated	rotate	VERB
fbem-6010	136	23	.	.	PUNCT
fbem-6010	137	1	in	in	ADP
fbem-6010	137	2	this	this	DET
fbem-6010	137	3	paper	paper	NOUN
fbem-6010	137	4	,	,	PUNCT
fbem-6010	137	5	the	the	DET
fbem-6010	137	6	variance	variance	NOUN
fbem-6010	137	7	maximum	maximum	ADJ
fbem-6010	137	8	method	method	NOUN
fbem-6010	137	9	adopts	adopt	VERB
fbem-6010	137	10	the	the	DET
fbem-6010	137	11	orthogonal	orthogonal	ADJ
fbem-6010	137	12	rotation	rotation	NOUN
fbem-6010	137	13	to	to	PART
fbem-6010	137	14	obtain	obtain	VERB
fbem-6010	137	15	the	the	DET
fbem-6010	137	16	rotation	rotation	NOUN
fbem-6010	137	17	component	component	NOUN
fbem-6010	137	18	matrix	matrix	NOUN
fbem-6010	137	19	,	,	PUNCT
fbem-6010	137	20	as	as	SCONJ
fbem-6010	137	21	shown	show	VERB
fbem-6010	137	22	in	in	ADP
fbem-6010	137	23	table	table	NOUN
fbem-6010	137	24	4	4	NUM
fbem-6010	137	25	.	.	PUNCT
fbem-6010	137	26	table	table	NOUN
fbem-6010	137	27	4	4	NUM
fbem-6010	137	28	.	.	PUNCT
fbem-6010	137	29	composition	composition	NOUN
fbem-6010	137	30	matrix	matrix	NOUN
fbem-6010	137	31	after	after	SCONJ
fbem-6010	137	32	the	the	DET
fbem-6010	137	33	rotation	rotation	NOUN
fbem-6010	137	34	ingredient	ingredient	NOUN
fbem-6010	137	35	1	1	NUM
fbem-6010	137	36	2	2	NUM
fbem-6010	137	37	3	3	NUM
fbem-6010	137	38	4	4	NUM
fbem-6010	137	39	net	net	ADJ
fbem-6010	137	40	margin	margin	NOUN
fbem-6010	137	41	0.3056	0.3056	NUM
fbem-6010	137	42	0.9184	0.9184	NUM
fbem-6010	137	43	-0.0183	-0.0183	NOUN
fbem-6010	137	44	-0.0555	-0.0555	NOUN
fbem-6010	137	45	basic	basic	ADJ
fbem-6010	137	46	earnings	earning	NOUN
fbem-6010	137	47	per	per	ADP
fbem-6010	137	48	share	share	NOUN
fbem-6010	137	49	0.8346	0.8346	NUM
fbem-6010	137	50	0.1732	0.1732	NUM
fbem-6010	137	51	0.0704	0.0704	NUM
fbem-6010	137	52	-0.1953	-0.1953	NOUN
fbem-6010	137	53	net	net	ADJ
fbem-6010	137	54	profit	profit	NOUN
fbem-6010	137	55	growth	growth	NOUN
fbem-6010	137	56	rate	rate	NOUN
fbem-6010	137	57	0.9026	0.9026	NUM
fbem-6010	137	58	0.0049	0.0049	NUM
fbem-6010	137	59	-0.0395	-0.0395	NOUN
fbem-6010	137	60	0.1417	0.1417	NUM
fbem-6010	137	61	eps	eps	NOUN
fbem-6010	137	62	growth	growth	NOUN
fbem-6010	137	63	rate	rate	NOUN
fbem-6010	137	64	0.8895	0.8895	NUM
fbem-6010	137	65	0.0107	0.0107	NUM
fbem-6010	137	66	-0.0606	-0.0606	ADJ
fbem-6010	137	67	0.1607	0.1607	NUM
fbem-6010	137	68	total	total	ADJ
fbem-6010	137	69	assets	asset	NOUN
fbem-6010	137	70	-0.0616	-0.0616	VERB
fbem-6010	137	71	0.9542	0.9542	NUM
fbem-6010	137	72	0.0041	0.0041	NUM
fbem-6010	137	73	-0.0314	-0.0314	NOUN
fbem-6010	137	74	dividend	dividend	NOUN
fbem-6010	137	75	payout	payout	NOUN
fbem-6010	137	76	ratio	ratio	NOUN
fbem-6010	137	77	-0.0693	-0.0693	NOUN
fbem-6010	138	1	0.1462	0.1462	NUM
fbem-6010	138	2	0.8034	0.8034	NUM
fbem-6010	138	3	0.2333	0.2333	NUM
fbem-6010	138	4	share	share	NOUN
fbem-6010	138	5	of	of	ADP
fbem-6010	138	6	tradable	tradable	ADJ
fbem-6010	138	7	shares	share	NOUN
fbem-6010	138	8	0.0150	0.0150	NUM
fbem-6010	138	9	-0.0973	-0.0973	NOUN
fbem-6010	138	10	0.0384	0.0384	NUM
fbem-6010	138	11	0.8900	0.8900	NUM
fbem-6010	138	12	daily	daily	ADJ
fbem-6010	138	13	turnover	turnover	NOUN
fbem-6010	138	14	rate	rate	NOUN
fbem-6010	138	15	0.2558	0.2558	NUM
fbem-6010	138	16	-0.3505	-0.3505	NOUN
fbem-6010	139	1	0.6156	0.6156	NUM
fbem-6010	139	2	-0.2692	-0.2692	NOUN
fbem-6010	140	1	the	the	DET
fbem-6010	140	2	biggest	big	ADJ
fbem-6010	140	3	rise	rise	NOUN
fbem-6010	140	4	or	or	CCONJ
fbem-6010	140	5	fall	fall	VERB
fbem-6010	140	6	-0.0938	-0.0938	NOUN
fbem-6010	140	7	-0.1042	-0.1042	NOUN
fbem-6010	140	8	0.5722	0.5722	NUM
fbem-6010	140	9	-0.4080	-0.4080	NOUN
fbem-6010	140	10	table	table	NOUN
fbem-6010	140	11	4	4	NUM
fbem-6010	140	12	shows	show	VERB
fbem-6010	140	13	that	that	SCONJ
fbem-6010	140	14	the	the	DET
fbem-6010	140	15	factor	factor	NOUN
fbem-6010	140	16	names	name	VERB
fbem-6010	140	17	the	the	DET
fbem-6010	140	18	factor	factor	NOUN
fbem-6010	140	19	.	.	PUNCT
fbem-6010	141	1	the	the	DET
fbem-6010	141	2	first	first	ADJ
fbem-6010	141	3	main	main	ADJ
fbem-6010	141	4	factor	factor	NOUN
fbem-6010	141	5	has	have	VERB
fbem-6010	141	6	a	a	DET
fbem-6010	141	7	large	large	ADJ
fbem-6010	141	8	load	load	NOUN
fbem-6010	141	9	in	in	ADP
fbem-6010	141	10	basic	basic	ADJ
fbem-6010	141	11	earnings	earning	NOUN
fbem-6010	141	12	per	per	ADP
fbem-6010	141	13	share	share	NOUN
fbem-6010	141	14	,	,	PUNCT
fbem-6010	141	15	net	net	ADJ
fbem-6010	141	16	profit	profit	NOUN
fbem-6010	141	17	growth	growth	NOUN
fbem-6010	141	18	rate	rate	NOUN
fbem-6010	141	19	and	and	CCONJ
fbem-6010	141	20	growth	growth	NOUN
fbem-6010	141	21	rate	rate	NOUN
fbem-6010	141	22	of	of	ADP
fbem-6010	141	23	earnings	earning	NOUN
fbem-6010	141	24	per	per	ADP
fbem-6010	141	25	share	share	NOUN
fbem-6010	141	26	;	;	PUNCT
fbem-6010	141	27	the	the	DET
fbem-6010	141	28	second	second	ADJ
fbem-6010	141	29	main	main	ADJ
fbem-6010	141	30	factor	factor	NOUN
fbem-6010	141	31	has	have	VERB
fbem-6010	141	32	a	a	DET
fbem-6010	141	33	large	large	ADJ
fbem-6010	141	34	load	load	NOUN
fbem-6010	141	35	in	in	ADP
fbem-6010	141	36	net	net	ADJ
fbem-6010	141	37	profit	profit	NOUN
fbem-6010	141	38	and	and	CCONJ
fbem-6010	141	39	total	total	ADJ
fbem-6010	141	40	assets	asset	NOUN
fbem-6010	141	41	;	;	PUNCT
fbem-6010	141	42	the	the	DET
fbem-6010	141	43	third	third	ADJ
fbem-6010	141	44	main	main	ADJ
fbem-6010	141	45	factor	factor	NOUN
fbem-6010	141	46	has	have	VERB
fbem-6010	141	47	a	a	DET
fbem-6010	141	48	larger	large	ADJ
fbem-6010	141	49	load	load	NOUN
fbem-6010	141	50	in	in	ADP
fbem-6010	141	51	dividend	dividend	NOUN
fbem-6010	141	52	distribution	distribution	NOUN
fbem-6010	141	53	rate	rate	NOUN
fbem-6010	141	54	,	,	PUNCT
fbem-6010	141	55	average	average	ADJ
fbem-6010	141	56	daily	daily	ADJ
fbem-6010	141	57	turnover	turnover	NOUN
fbem-6010	141	58	rate	rate	NOUN
fbem-6010	141	59	and	and	CCONJ
fbem-6010	141	60	maximum	maximum	ADJ
fbem-6010	141	61	rise	rise	NOUN
fbem-6010	141	62	and	and	CCONJ
fbem-6010	141	63	fall	fall	VERB
fbem-6010	141	64	;	;	PUNCT
fbem-6010	141	65	and	and	CCONJ
fbem-6010	141	66	the	the	DET
fbem-6010	141	67	fourth	fourth	ADJ
fbem-6010	141	68	main	main	ADJ
fbem-6010	141	69	factor	factor	NOUN
fbem-6010	141	70	has	have	VERB
fbem-6010	141	71	a	a	DET
fbem-6010	141	72	large	large	ADJ
fbem-6010	141	73	load	load	NOUN
fbem-6010	141	74	in	in	ADP
fbem-6010	141	75	tradable	tradable	ADJ
fbem-6010	141	76	shares	share	NOUN
fbem-6010	141	77	.	.	PUNCT
fbem-6010	142	1	4.1.4	4.1.4	X
fbem-6010	142	2	.	.	PUNCT
fbem-6010	143	1	the	the	DET
fbem-6010	143	2	factor	factor	NOUN
fbem-6010	143	3	score	score	NOUN
fbem-6010	143	4	calculates	calculate	VERB
fbem-6010	143	5	the	the	DET
fbem-6010	143	6	final	final	ADJ
fbem-6010	143	7	value	value	NOUN
fbem-6010	143	8	of	of	ADP
fbem-6010	143	9	the	the	DET
fbem-6010	143	10	enterprise	enterprise	NOUN
fbem-6010	143	11	the	the	DET
fbem-6010	143	12	final	final	ADJ
fbem-6010	143	13	result	result	NOUN
fbem-6010	143	14	of	of	ADP
fbem-6010	143	15	identifying	identify	VERB
fbem-6010	143	16	the	the	DET
fbem-6010	143	17	factors	factor	NOUN
fbem-6010	143	18	with	with	ADP
fbem-6010	143	19	the	the	DET
fbem-6010	143	20	component	component	NOUN
fbem-6010	143	21	matrix	matrix	NOUN
fbem-6010	143	22	is	be	AUX
fbem-6010	143	23	presented	present	VERB
fbem-6010	143	24	in	in	ADP
fbem-6010	143	25	the	the	DET
fbem-6010	143	26	factor	factor	NOUN
fbem-6010	143	27	score	score	NOUN
fbem-6010	143	28	coefficient	coefficient	NOUN
fbem-6010	143	29	matrix	matrix	NOUN
fbem-6010	143	30	,	,	PUNCT
fbem-6010	143	31	as	as	SCONJ
fbem-6010	143	32	shown	show	VERB
fbem-6010	143	33	in	in	ADP
fbem-6010	143	34	table	table	NOUN
fbem-6010	143	35	5	5	NUM
fbem-6010	143	36	-	-	SYM
fbem-6010	143	37	3	3	NUM
fbem-6010	143	38	table	table	NOUN
fbem-6010	143	39	5	5	NUM
fbem-6010	143	40	.	.	PUNCT
fbem-6010	143	41	component	component	NOUN
fbem-6010	143	42	score	score	NOUN
fbem-6010	143	43	coefficient	coefficient	NOUN
fbem-6010	143	44	matrix	matrix	NOUN
fbem-6010	143	45	ingredient	ingredient	NOUN
fbem-6010	143	46	1	1	NUM
fbem-6010	143	47	2	2	NUM
fbem-6010	143	48	3	3	NUM
fbem-6010	143	49	4	4	NUM
fbem-6010	143	50	net	net	ADJ
fbem-6010	143	51	margin	margin	NOUN
fbem-6010	143	52	0.03237	0.03237	NUM
fbem-6010	143	53	0.45921	0.45921	NUM
fbem-6010	143	54	0.03346	0.03346	NUM
fbem-6010	143	55	-0.01357	-0.01357	NOUN
fbem-6010	143	56	basic	basic	ADJ
fbem-6010	143	57	earnings	earning	NOUN
fbem-6010	143	58	per	per	ADP
fbem-6010	143	59	share	share	NOUN
fbem-6010	143	60	0.50802	0.50802	NUM
fbem-6010	143	61	0.05845	0.05845	NUM
fbem-6010	143	62	0.03998	0.03998	NUM
fbem-6010	143	63	-0.26866	-0.26866	NOUN
fbem-6010	143	64	net	net	ADJ
fbem-6010	143	65	profit	profit	NOUN
fbem-6010	143	66	growth	growth	NOUN
fbem-6010	143	67	rate	rate	NOUN
fbem-6010	143	68	0.00000	0.00000	NUM
fbem-6010	143	69	0.00000	0.00000	NUM
fbem-6010	143	70	0.00000	0.00000	NUM
fbem-6010	143	71	0.00000	0.00000	NUM
fbem-6010	143	72	eps	eps	PROPN
fbem-6010	143	73	growth	growth	NOUN
fbem-6010	143	74	rate	rate	NOUN
fbem-6010	143	75	0.29757	0.29757	NUM
fbem-6010	143	76	-0.06080	-0.06080	NOUN
fbem-6010	143	77	-0.02946	-0.02946	NOUN
fbem-6010	143	78	0.13390	0.13390	NUM
fbem-6010	143	79	total	total	ADJ
fbem-6010	143	80	assets	asset	NOUN
fbem-6010	143	81	0.29374	0.29374	NUM
fbem-6010	143	82	-0.05755	-0.05755	NOUN
fbem-6010	143	83	-0.04220	-0.04220	VERB
fbem-6010	143	84	0.14717	0.14717	NUM
fbem-6010	143	85	dividend	dividend	NOUN
fbem-6010	143	86	payout	payout	NOUN
fbem-6010	143	87	ratio	ratio	NOUN
fbem-6010	143	88	-0.08990	-0.08990	NOUN
fbem-6010	143	89	0.50695	0.50695	NUM
fbem-6010	143	90	0.06419	0.06419	NUM
fbem-6010	143	91	0.00390	0.00390	NUM
fbem-6010	143	92	share	share	NOUN
fbem-6010	143	93	of	of	ADP
fbem-6010	143	94	tradable	tradable	ADJ
fbem-6010	143	95	shares	share	NOUN
fbem-6010	143	96	-0.04583	-0.04583	NOUN
fbem-6010	143	97	0.14381	0.14381	NUM
fbem-6010	143	98	0.65564	0.65564	NUM
fbem-6010	143	99	0.31474	0.31474	NUM
fbem-6010	143	100	daily	daily	ADJ
fbem-6010	143	101	turnover	turnover	NOUN
fbem-6010	143	102	rate	rate	NOUN
fbem-6010	143	103	0.02911	0.02911	NUM
fbem-6010	143	104	-0.02059	-0.02059	NOUN
fbem-6010	143	105	0.14660	0.14660	NUM
fbem-6010	143	106	0.76249	0.76249	NUM
fbem-6010	143	107	the	the	DET
fbem-6010	143	108	biggest	big	ADJ
fbem-6010	143	109	rise	rise	NOUN
fbem-6010	143	110	or	or	CCONJ
fbem-6010	143	111	fall	fall	VERB
fbem-6010	143	112	0.09000	0.09000	NUM
fbem-6010	143	113	-0.17087	-0.17087	NOUN
fbem-6010	143	114	0.40212	0.40212	NUM
fbem-6010	143	115	-0.15036	-0.15036	NOUN
fbem-6010	143	116	4.1.5	4.1.5	NUM
fbem-6010	143	117	.	.	PUNCT
fbem-6010	144	1	the	the	DET
fbem-6010	144	2	composite	composite	ADJ
fbem-6010	144	3	score	score	NOUN
fbem-6010	144	4	function	function	NOUN
fbem-6010	144	5	based	base	VERB
fbem-6010	144	6	on	on	ADP
fbem-6010	144	7	the	the	DET
fbem-6010	144	8	coefficient	coefficient	NOUN
fbem-6010	144	9	results	result	NOUN
fbem-6010	144	10	in	in	ADP
fbem-6010	144	11	table	table	NOUN
fbem-6010	144	12	5	5	NUM
fbem-6010	144	13	-	-	SYM
fbem-6010	144	14	3	3	NUM
fbem-6010	144	15	above	above	ADV
fbem-6010	144	16	,	,	PUNCT
fbem-6010	144	17	the	the	DET
fbem-6010	144	18	comprehensive	comprehensive	ADJ
fbem-6010	144	19	score	score	NOUN
fbem-6010	144	20	function	function	NOUN
fbem-6010	144	21	expression	expression	NOUN
fbem-6010	144	22	of	of	ADP
fbem-6010	144	23	the	the	DET
fbem-6010	144	24	sum	sum	NOUN
fbem-6010	144	25	of	of	ADP
fbem-6010	144	26	enterprise	enterprise	NOUN
fbem-6010	144	27	value	value	NOUN
fbem-6010	144	28	can	can	AUX
fbem-6010	144	29	be	be	AUX
fbem-6010	144	30	listed	list	VERB
fbem-6010	144	31	as	as	SCONJ
fbem-6010	144	32	follows	follow	VERB
fbem-6010	144	33	.	.	PUNCT
fbem-6010	145	1	then	then	ADV
fbem-6010	145	2	,	,	PUNCT
fbem-6010	145	3	the	the	DET
fbem-6010	145	4	financial	financial	ADJ
fbem-6010	145	5	indicators	indicator	NOUN
fbem-6010	145	6	of	of	ADP
fbem-6010	145	7	each	each	DET
fbem-6010	145	8	sample	sample	NOUN
fbem-6010	145	9	are	be	AUX
fbem-6010	145	10	inserted	insert	VERB
fbem-6010	145	11	into	into	ADP
fbem-6010	145	12	the	the	DET
fbem-6010	145	13	expression	expression	NOUN
fbem-6010	145	14	,	,	PUNCT
fbem-6010	145	15	and	and	CCONJ
fbem-6010	145	16	the	the	DET
fbem-6010	145	17	enterprise	enterprise	NOUN
fbem-6010	145	18	value	value	NOUN
fbem-6010	145	19	data	datum	NOUN
fbem-6010	145	20	of	of	ADP
fbem-6010	145	21	the	the	DET
fbem-6010	145	22	corresponding	correspond	VERB
fbem-6010	145	23	sample	sample	NOUN
fbem-6010	145	24	can	can	AUX
fbem-6010	145	25	be	be	AUX
fbem-6010	145	26	obtained	obtain	VERB
fbem-6010	145	27	.	.	PUNCT
fbem-6010	146	1	cv	cv	PROPN
fbem-6010	146	2	=(	=(	PROPN
fbem-6010	146	3	31.75*f1	31.75*f1	NUM
fbem-6010	146	4	+	+	NOUN
fbem-6010	146	5	19.79*f2	19.79*f2	NUM
fbem-6010	146	6	+	+	ADJ
fbem-6010	146	7	13.69*f3	13.69*f3	PROPN
fbem-6010	146	8	+	+	NOUN
fbem-6010	146	9	12.12*f4)/77.34	12.12*f4)/77.34	NUM
fbem-6010	146	10	4.2	4.2	NUM
fbem-6010	146	11	.	.	PUNCT
fbem-6010	147	1	descriptive	descriptive	ADJ
fbem-6010	147	2	statistics	statistic	NOUN
fbem-6010	147	3	descriptive	descriptive	ADJ
fbem-6010	147	4	statistical	statistical	ADJ
fbem-6010	147	5	analysis	analysis	NOUN
fbem-6010	147	6	of	of	ADP
fbem-6010	147	7	the	the	DET
fbem-6010	147	8	sample	sample	NOUN
fbem-6010	147	9	data	datum	NOUN
fbem-6010	147	10	using	use	VERB
fbem-6010	147	11	stata	stata	NOUN
fbem-6010	147	12	software	software	NOUN
fbem-6010	147	13	and	and	CCONJ
fbem-6010	147	14	the	the	DET
fbem-6010	147	15	results	result	NOUN
fbem-6010	147	16	are	be	AUX
fbem-6010	147	17	shown	show	VERB
fbem-6010	147	18	in	in	ADP
fbem-6010	147	19	table	table	NOUN
fbem-6010	147	20	6	6	NUM
fbem-6010	147	21	below	below	ADV
fbem-6010	147	22	:	:	PUNCT
fbem-6010	147	23	table	table	NOUN
fbem-6010	147	24	6	6	NUM
fbem-6010	147	25	.	.	PUNCT
fbem-6010	147	26	descriptive	descriptive	ADJ
fbem-6010	147	27	statistics	statistic	NOUN
fbem-6010	147	28	variable	variable	ADJ
fbem-6010	147	29	sample	sample	NOUN
fbem-6010	147	30	capacity	capacity	NOUN
fbem-6010	147	31	average	average	ADJ
fbem-6010	147	32	value	value	NOUN
fbem-6010	147	33	standard	standard	ADJ
fbem-6010	147	34	deviation	deviation	NOUN
fbem-6010	147	35	least	least	ADJ
fbem-6010	147	36	value	value	NOUN
fbem-6010	147	37	median	median	ADJ
fbem-6010	147	38	crest	crest	PROPN
fbem-6010	147	39	value	value	NOUN
fbem-6010	147	40	cv	cv	PROPN
fbem-6010	147	41	494	494	NUM
fbem-6010	147	42	0.010	0.010	NUM
fbem-6010	147	43	0.493	0.493	NUM
fbem-6010	147	44	-2.335	-2.335	PUNCT
fbem-6010	147	45	-0.029	-0.029	PROPN
fbem-6010	147	46	2.201	2.201	NUM
fbem-6010	147	47	rd1	rd1	NOUN
fbem-6010	147	48	494	494	NUM
fbem-6010	147	49	0.05775	0.05775	NUM
fbem-6010	147	50	0.141742	0.141742	NUM
fbem-6010	147	51	0.00712	0.00712	NUM
fbem-6010	147	52	0.03850	0.03850	NUM
fbem-6010	147	53	2.695974	2.695974	NUM
fbem-6010	147	54	rd2	rd2	PROPN
fbem-6010	147	55	494	494	NUM
fbem-6010	147	56	29.83233	29.83233	NUM
fbem-6010	147	57	18.27422	18.27422	NUM
fbem-6010	147	58	0.20780	0.20780	NUM
fbem-6010	147	59	23.35	23.35	NUM
fbem-6010	147	60	90.32	90.32	NUM
fbem-6010	147	61	ei1	ei1	NOUN
fbem-6010	147	62	494	494	NUM
fbem-6010	147	63	1.56000	1.56000	NUM
fbem-6010	147	64	1.20000	1.20000	NUM
fbem-6010	147	65	0.10200	0.10200	NUM
fbem-6010	147	66	2.3432	2.3432	NUM
fbem-6010	147	67	6.100	6.100	NUM
fbem-6010	147	68	ei2	ei2	NOUN
fbem-6010	147	69	494	494	NUM
fbem-6010	147	70	5.03000	5.03000	NUM
fbem-6010	147	71	0.98000	0.98000	NUM
fbem-6010	147	72	3.00	3.00	NUM
fbem-6010	147	73	5.00	5.00	NUM
fbem-6010	147	74	8.00	8.00	NUM
fbem-6010	147	75	lev	lev	NOUN
fbem-6010	147	76	494	494	NUM
fbem-6010	147	77	0.33212	0.33212	NUM
fbem-6010	147	78	0.19015	0.19015	NUM
fbem-6010	147	79	0.05220	0.05220	NUM
fbem-6010	147	80	0.29120	0.29120	NUM
fbem-6010	147	81	0.91021	0.91021	NUM
fbem-6010	147	82	csize	csize	VERB
fbem-6010	147	83	494	494	NUM
fbem-6010	147	84	21.6550	21.6550	NUM
fbem-6010	147	85	0.85700	0.85700	NUM
fbem-6010	147	86	20.11600	20.11600	NUM
fbem-6010	147	87	21.47000	21.47000	NUM
fbem-6010	147	88	26.16100	26.16100	NUM
fbem-6010	147	89	growth	growth	NOUN
fbem-6010	147	90	494	494	NUM
fbem-6010	147	91	0.23523	0.23523	NUM
fbem-6010	147	92	0.49462	0.49462	NUM
fbem-6010	147	93	-1.39259	-1.39259	NOUN
fbem-6010	147	94	0.38259	0.38259	NUM
fbem-6010	147	95	4.72941	4.72941	NUM
fbem-6010	147	96	the	the	DET
fbem-6010	147	97	descriptive	descriptive	ADJ
fbem-6010	147	98	statistics	statistic	NOUN
fbem-6010	147	99	results	result	NOUN
fbem-6010	147	100	of	of	ADP
fbem-6010	147	101	the	the	DET
fbem-6010	147	102	main	main	ADJ
fbem-6010	147	103	variables	variable	NOUN
fbem-6010	147	104	in	in	ADP
fbem-6010	147	105	this	this	DET
fbem-6010	147	106	study	study	NOUN
fbem-6010	147	107	are	be	AUX
fbem-6010	147	108	shown	show	VERB
fbem-6010	147	109	in	in	ADP
fbem-6010	147	110	table	table	NOUN
fbem-6010	147	111	5	5	NUM
fbem-6010	147	112	-	-	SYM
fbem-6010	147	113	4	4	NUM
fbem-6010	147	114	.	.	PUNCT
fbem-6010	148	1	among	among	ADP
fbem-6010	148	2	them	they	PRON
fbem-6010	148	3	,	,	PUNCT
fbem-6010	148	4	the	the	DET
fbem-6010	148	5	mean	mean	ADJ
fbem-6010	148	6	value	value	NOUN
fbem-6010	148	7	of	of	ADP
fbem-6010	148	8	enterprise	enterprise	NOUN
fbem-6010	148	9	value	value	NOUN
fbem-6010	148	10	(	(	PUNCT
fbem-6010	148	11	cv	cv	PROPN
fbem-6010	148	12	)	)	PUNCT
fbem-6010	148	13	is	be	AUX
fbem-6010	148	14	0.010	0.010	NUM
fbem-6010	148	15	,	,	PUNCT
fbem-6010	148	16	the	the	DET
fbem-6010	148	17	standard	standard	ADJ
fbem-6010	148	18	deviation	deviation	NOUN
fbem-6010	148	19	is	be	AUX
fbem-6010	148	20	0.493	0.493	NUM
fbem-6010	148	21	,	,	PUNCT
fbem-6010	148	22	the	the	DET
fbem-6010	148	23	minimum	minimum	ADJ
fbem-6010	148	24	value	value	NOUN
fbem-6010	148	25	is-2.335	is-2.335	PROPN
fbem-6010	148	26	,	,	PUNCT
fbem-6010	148	27	and	and	CCONJ
fbem-6010	148	28	the	the	DET
fbem-6010	148	29	maximum	maximum	ADJ
fbem-6010	148	30	value	value	NOUN
fbem-6010	148	31	is	be	AUX
fbem-6010	148	32	2.201	2.201	NUM
fbem-6010	148	33	,	,	PUNCT
fbem-6010	148	34	indicating	indicate	VERB
fbem-6010	148	35	that	that	SCONJ
fbem-6010	148	36	the	the	DET
fbem-6010	148	37	enterprise	enterprise	NOUN
fbem-6010	148	38	value	value	NOUN
fbem-6010	148	39	between	between	ADP
fbem-6010	148	40	different	different	ADJ
fbem-6010	148	41	enterprises	enterprise	NOUN
fbem-6010	148	42	varies	vary	VERB
fbem-6010	148	43	greatly	greatly	ADV
fbem-6010	148	44	.	.	PUNCT
fbem-6010	149	1	in	in	ADP
fbem-6010	149	2	the	the	DET
fbem-6010	149	3	innovation	innovation	NOUN
fbem-6010	149	4	investment	investment	NOUN
fbem-6010	149	5	(	(	PUNCT
fbem-6010	149	6	rd1&rd2	rd1&rd2	PROPN
fbem-6010	149	7	)	)	PUNCT
fbem-6010	149	8	,	,	PUNCT
fbem-6010	149	9	the	the	DET
fbem-6010	149	10	mean	mean	NOUN
fbem-6010	149	11	rd1	rd1	PROPN
fbem-6010	149	12	is	be	AUX
fbem-6010	149	13	0.058	0.058	NUM
fbem-6010	149	14	.	.	PUNCT
fbem-6010	150	1	the	the	DET
fbem-6010	150	2	standard	standard	ADJ
fbem-6010	150	3	deviation	deviation	NOUN
fbem-6010	150	4	is	be	AUX
fbem-6010	150	5	0.142	0.142	NUM
fbem-6010	150	6	,	,	PUNCT
fbem-6010	150	7	the	the	DET
fbem-6010	150	8	minimum	minimum	ADJ
fbem-6010	150	9	value	value	NOUN
fbem-6010	150	10	is	be	AUX
fbem-6010	150	11	0.007	0.007	NUM
fbem-6010	150	12	,	,	PUNCT
fbem-6010	150	13	the	the	DET
fbem-6010	150	14	maximum	maximum	ADJ
fbem-6010	150	15	value	value	NOUN
fbem-6010	150	16	is	be	AUX
fbem-6010	150	17	2.696	2.696	NUM
fbem-6010	150	18	,	,	PUNCT
fbem-6010	150	19	the	the	DET
fbem-6010	150	20	mean	mean	NOUN
fbem-6010	150	21	rd2	rd2	PROPN
fbem-6010	150	22	is	be	AUX
fbem-6010	150	23	29.832	29.832	NUM
fbem-6010	150	24	,	,	PUNCT
fbem-6010	150	25	the	the	DET
fbem-6010	150	26	standard	standard	ADJ
fbem-6010	150	27	deviation	deviation	NOUN
fbem-6010	150	28	is	be	AUX
fbem-6010	150	29	18.274	18.274	NUM
fbem-6010	150	30	,	,	PUNCT
fbem-6010	150	31	the	the	DET
fbem-6010	150	32	minimum	minimum	ADJ
fbem-6010	150	33	value	value	NOUN
fbem-6010	150	34	is	be	AUX
fbem-6010	150	35	0.208	0.208	NUM
fbem-6010	150	36	,	,	PUNCT
fbem-6010	150	37	and	and	CCONJ
fbem-6010	150	38	121	121	NUM
fbem-6010	150	39	the	the	DET
fbem-6010	150	40	maximum	maximum	ADJ
fbem-6010	150	41	value	value	NOUN
fbem-6010	150	42	is	be	AUX
fbem-6010	150	43	90.32	90.32	NUM
fbem-6010	150	44	,	,	PUNCT
fbem-6010	150	45	indicating	indicate	VERB
fbem-6010	150	46	that	that	SCONJ
fbem-6010	150	47	the	the	DET
fbem-6010	150	48	innovation	innovation	NOUN
fbem-6010	150	49	investment	investment	NOUN
fbem-6010	150	50	varies	vary	VERB
fbem-6010	150	51	greatly	greatly	ADV
fbem-6010	150	52	and	and	CCONJ
fbem-6010	150	53	the	the	DET
fbem-6010	150	54	innovation	innovation	NOUN
fbem-6010	150	55	level	level	NOUN
fbem-6010	150	56	between	between	ADP
fbem-6010	150	57	different	different	ADJ
fbem-6010	150	58	enterprises	enterprise	NOUN
fbem-6010	150	59	.	.	PUNCT
fbem-6010	151	1	the	the	DET
fbem-6010	151	2	average	average	ADJ
fbem-6010	151	3	equity	equity	NOUN
fbem-6010	151	4	incentive	incentive	NOUN
fbem-6010	151	5	intensity	intensity	NOUN
fbem-6010	151	6	(	(	PUNCT
fbem-6010	151	7	ei1	ei1	ADJ
fbem-6010	151	8	)	)	PUNCT
fbem-6010	151	9	is	be	AUX
fbem-6010	151	10	1.560	1.560	NUM
fbem-6010	151	11	,	,	PUNCT
fbem-6010	151	12	the	the	DET
fbem-6010	151	13	standard	standard	ADJ
fbem-6010	151	14	deviation	deviation	NOUN
fbem-6010	151	15	is	be	AUX
fbem-6010	151	16	1.200	1.200	NUM
fbem-6010	151	17	,	,	PUNCT
fbem-6010	151	18	the	the	DET
fbem-6010	151	19	minimum	minimum	ADJ
fbem-6010	151	20	value	value	NOUN
fbem-6010	151	21	is	be	AUX
fbem-6010	151	22	0.102	0.102	NUM
fbem-6010	151	23	,	,	PUNCT
fbem-6010	151	24	and	and	CCONJ
fbem-6010	151	25	the	the	DET
fbem-6010	151	26	maximum	maximum	ADJ
fbem-6010	151	27	value	value	NOUN
fbem-6010	151	28	is	be	AUX
fbem-6010	151	29	6.100	6.100	NUM
fbem-6010	151	30	,	,	PUNCT
fbem-6010	151	31	indicating	indicate	VERB
fbem-6010	151	32	the	the	DET
fbem-6010	151	33	difference	difference	NOUN
fbem-6010	151	34	of	of	ADP
fbem-6010	151	35	equity	equity	NOUN
fbem-6010	151	36	incentive	incentive	NOUN
fbem-6010	151	37	intensity	intensity	NOUN
fbem-6010	151	38	between	between	ADP
fbem-6010	151	39	different	different	ADJ
fbem-6010	151	40	enterprises	enterprise	NOUN
fbem-6010	151	41	.	.	PUNCT
fbem-6010	152	1	the	the	DET
fbem-6010	152	2	average	average	ADJ
fbem-6010	152	3	validity	validity	NOUN
fbem-6010	152	4	period	period	NOUN
fbem-6010	152	5	of	of	ADP
fbem-6010	152	6	equity	equity	NOUN
fbem-6010	152	7	incentive	incentive	NOUN
fbem-6010	152	8	(	(	PUNCT
fbem-6010	152	9	ei2	ei2	NOUN
fbem-6010	152	10	)	)	PUNCT
fbem-6010	152	11	is	be	AUX
fbem-6010	152	12	5.03	5.03	NUM
fbem-6010	152	13	,	,	PUNCT
fbem-6010	152	14	the	the	DET
fbem-6010	152	15	standard	standard	ADJ
fbem-6010	152	16	deviation	deviation	NOUN
fbem-6010	152	17	is	be	AUX
fbem-6010	152	18	0.98	0.98	NUM
fbem-6010	152	19	,	,	PUNCT
fbem-6010	152	20	the	the	DET
fbem-6010	152	21	minimum	minimum	ADJ
fbem-6010	152	22	value	value	NOUN
fbem-6010	152	23	is	be	AUX
fbem-6010	152	24	3	3	NUM
fbem-6010	152	25	,	,	PUNCT
fbem-6010	152	26	and	and	CCONJ
fbem-6010	152	27	the	the	DET
fbem-6010	152	28	maximum	maximum	ADJ
fbem-6010	152	29	value	value	NOUN
fbem-6010	152	30	is	be	AUX
fbem-6010	152	31	8	8	NUM
fbem-6010	152	32	,	,	PUNCT
fbem-6010	152	33	indicating	indicate	VERB
fbem-6010	152	34	that	that	SCONJ
fbem-6010	152	35	the	the	DET
fbem-6010	152	36	validity	validity	NOUN
fbem-6010	152	37	period	period	NOUN
fbem-6010	152	38	of	of	ADP
fbem-6010	152	39	equity	equity	NOUN
fbem-6010	152	40	incentive	incentive	NOUN
fbem-6010	152	41	is	be	AUX
fbem-6010	152	42	different	different	ADJ
fbem-6010	152	43	between	between	ADP
fbem-6010	152	44	different	different	ADJ
fbem-6010	152	45	enterprises	enterprise	NOUN
fbem-6010	152	46	.	.	PUNCT
fbem-6010	153	1	other	other	ADJ
fbem-6010	153	2	variables	variable	NOUN
fbem-6010	153	3	were	be	AUX
fbem-6010	153	4	consistent	consistent	ADJ
fbem-6010	153	5	with	with	ADP
fbem-6010	153	6	the	the	DET
fbem-6010	153	7	findings	finding	NOUN
fbem-6010	153	8	of	of	ADP
fbem-6010	153	9	previous	previous	ADJ
fbem-6010	153	10	studies	study	NOUN
fbem-6010	153	11	.	.	PUNCT
fbem-6010	154	1	4.3	4.3	NUM
fbem-6010	154	2	.	.	PUNCT
fbem-6010	154	3	correlation	correlation	NOUN
fbem-6010	154	4	analysis	analysis	NOUN
fbem-6010	154	5	in	in	ADP
fbem-6010	154	6	order	order	NOUN
fbem-6010	154	7	to	to	PART
fbem-6010	154	8	test	test	VERB
fbem-6010	154	9	whether	whether	SCONJ
fbem-6010	154	10	there	there	PRON
fbem-6010	154	11	is	be	VERB
fbem-6010	154	12	multicollinearity	multicollinearity	NOUN
fbem-6010	154	13	between	between	ADP
fbem-6010	154	14	the	the	DET
fbem-6010	154	15	variables	variable	NOUN
fbem-6010	155	1	,	,	PUNCT
fbem-6010	155	2	the	the	DET
fbem-6010	155	3	correlation	correlation	NOUN
fbem-6010	155	4	analysis	analysis	NOUN
fbem-6010	155	5	of	of	ADP
fbem-6010	155	6	the	the	DET
fbem-6010	155	7	main	main	ADJ
fbem-6010	155	8	variables	variable	NOUN
fbem-6010	155	9	in	in	ADP
fbem-6010	155	10	the	the	DET
fbem-6010	155	11	model	model	NOUN
fbem-6010	155	12	is	be	AUX
fbem-6010	155	13	conducted	conduct	VERB
fbem-6010	155	14	.	.	PUNCT
fbem-6010	156	1	the	the	DET
fbem-6010	156	2	correlation	correlation	NOUN
fbem-6010	156	3	coefficient	coefficient	NOUN
fbem-6010	156	4	between	between	ADP
fbem-6010	156	5	each	each	DET
fbem-6010	156	6	variable	variable	NOUN
fbem-6010	156	7	is	be	AUX
fbem-6010	156	8	lower	low	ADJ
fbem-6010	156	9	than	than	ADP
fbem-6010	156	10	0.5	0.5	NUM
fbem-6010	156	11	,	,	PUNCT
fbem-6010	156	12	which	which	PRON
fbem-6010	156	13	proves	prove	VERB
fbem-6010	156	14	that	that	SCONJ
fbem-6010	156	15	the	the	DET
fbem-6010	156	16	model	model	NOUN
fbem-6010	156	17	is	be	AUX
fbem-6010	156	18	less	less	ADV
fbem-6010	156	19	affected	affect	VERB
fbem-6010	156	20	by	by	ADP
fbem-6010	156	21	multicollinearity	multicollinearity	NOUN
fbem-6010	156	22	.	.	PUNCT
fbem-6010	157	1	the	the	DET
fbem-6010	157	2	test	test	NOUN
fbem-6010	157	3	results	result	NOUN
fbem-6010	157	4	of	of	ADP
fbem-6010	157	5	pearson	pearson	NOUN
fbem-6010	157	6	correlation	correlation	NOUN
fbem-6010	157	7	coefficient	coefficient	NOUN
fbem-6010	157	8	are	be	AUX
fbem-6010	157	9	shown	show	VERB
fbem-6010	157	10	in	in	ADP
fbem-6010	157	11	table	table	NOUN
fbem-6010	157	12	7	7	NUM
fbem-6010	157	13	below	below	ADV
fbem-6010	157	14	:	:	PUNCT
fbem-6010	157	15	table	table	NOUN
fbem-6010	157	16	7	7	NUM
fbem-6010	157	17	.	.	PUNCT
fbem-6010	157	18	correlation	correlation	NOUN
fbem-6010	157	19	analysis	analysis	NOUN
fbem-6010	157	20	cv	cv	PROPN
fbem-6010	157	21	rd1	rd1	PROPN
fbem-6010	157	22	rd2	rd2	PROPN
fbem-6010	157	23	ei1	ei1	PROPN
fbem-6010	157	24	ei2	ei2	PROPN
fbem-6010	157	25	lev	lev	PROPN
fbem-6010	157	26	csize	csize	VERB
fbem-6010	157	27	growth	growth	NOUN
fbem-6010	157	28	f1	f1	PROPN
fbem-6010	157	29	cv	cv	PROPN
fbem-6010	157	30	1	1	NUM
fbem-6010	157	31	rd1	rd1	NOUN
fbem-6010	157	32	0.3233	0.3233	NUM
fbem-6010	157	33	*	*	SYM
fbem-6010	157	34	1	1	NUM
fbem-6010	157	35	rd2	rd2	NOUN
fbem-6010	157	36	0.4123	0.4123	NUM
fbem-6010	157	37	*	*	PUNCT
fbem-6010	157	38	*	*	PUNCT
fbem-6010	157	39	0.346	0.346	NUM
fbem-6010	157	40	*	*	PUNCT
fbem-6010	157	41	*	*	PUNCT
fbem-6010	157	42	*	*	PUNCT
fbem-6010	157	43	1	1	NUM
fbem-6010	157	44	ei1	ei1	NOUN
fbem-6010	157	45	0.051	0.051	NUM
fbem-6010	157	46	*	*	PUNCT
fbem-6010	157	47	*	*	X
fbem-6010	158	1	0.3532	0.3532	NUM
fbem-6010	158	2	*	*	PUNCT
fbem-6010	158	3	0.1083	0.1083	NUM
fbem-6010	158	4	*	*	SYM
fbem-6010	158	5	1	1	NUM
fbem-6010	158	6	ei2	ei2	NOUN
fbem-6010	158	7	0.013	0.013	NUM
fbem-6010	158	8	*	*	NOUN
fbem-6010	158	9	-0.1197	-0.1197	NOUN
fbem-6010	158	10	*	*	NOUN
fbem-6010	158	11	0.0973	0.0973	NUM
fbem-6010	158	12	*	*	SYM
fbem-6010	158	13	-0.1240	-0.1240	NOUN
fbem-6010	158	14	1	1	NUM
fbem-6010	158	15	lev	lev	NOUN
fbem-6010	158	16	0.169	0.169	NUM
fbem-6010	158	17	*	*	PUNCT
fbem-6010	158	18	*	*	PUNCT
fbem-6010	158	19	*	*	PUNCT
fbem-6010	158	20	0.091	0.091	NUM
fbem-6010	158	21	*	*	PUNCT
fbem-6010	158	22	*	*	PUNCT
fbem-6010	158	23	*	*	PUNCT
fbem-6010	158	24	0.116	0.116	NUM
fbem-6010	158	25	*	*	PUNCT
fbem-6010	158	26	*	*	PUNCT
fbem-6010	158	27	*	*	PUNCT
fbem-6010	158	28	0.094	0.094	NUM
fbem-6010	158	29	*	*	PUNCT
fbem-6010	158	30	*	*	PUNCT
fbem-6010	158	31	*	*	PUNCT
fbem-6010	158	32	0.096	0.096	NUM
fbem-6010	158	33	*	*	NOUN
fbem-6010	158	34	*	*	PUNCT
fbem-6010	158	35	*	*	SYM
fbem-6010	158	36	1	1	NUM
fbem-6010	158	37	csize	csize	VERB
fbem-6010	158	38	0.195	0.195	NUM
fbem-6010	158	39	*	*	PUNCT
fbem-6010	158	40	*	*	PUNCT
fbem-6010	158	41	*	*	PUNCT
fbem-6010	158	42	0.362	0.362	NUM
fbem-6010	158	43	*	*	PUNCT
fbem-6010	158	44	*	*	PUNCT
fbem-6010	158	45	*	*	PUNCT
fbem-6010	158	46	0.250	0.250	NUM
fbem-6010	158	47	*	*	PUNCT
fbem-6010	158	48	*	*	PUNCT
fbem-6010	158	49	*	*	PUNCT
fbem-6010	158	50	-0.094	-0.094	PROPN
fbem-6010	158	51	*	*	PUNCT
fbem-6010	158	52	*	*	PUNCT
fbem-6010	158	53	0.163	0.163	NUM
fbem-6010	158	54	*	*	PUNCT
fbem-6010	158	55	*	*	PUNCT
fbem-6010	158	56	*	*	PUNCT
fbem-6010	158	57	0.250	0.250	NUM
fbem-6010	158	58	*	*	PUNCT
fbem-6010	158	59	*	*	PUNCT
fbem-6010	158	60	*	*	SYM
fbem-6010	158	61	1	1	NUM
fbem-6010	158	62	growth	growth	NOUN
fbem-6010	158	63	0.019	0.019	NUM
fbem-6010	158	64	0.080	0.080	NUM
fbem-6010	158	65	*	*	PUNCT
fbem-6010	158	66	*	*	PUNCT
fbem-6010	158	67	*	*	PUNCT
fbem-6010	158	68	0.096	0.096	NUM
fbem-6010	158	69	*	*	PUNCT
fbem-6010	158	70	*	*	PUNCT
fbem-6010	158	71	*	*	PUNCT
fbem-6010	158	72	0.077	0.077	NUM
fbem-6010	158	73	*	*	PUNCT
fbem-6010	158	74	*	*	PUNCT
fbem-6010	158	75	*	*	PUNCT
fbem-6010	158	76	-0.026	-0.026	PUNCT
fbem-6010	158	77	0.076	0.076	NUM
fbem-6010	158	78	*	*	NOUN
fbem-6010	158	79	*	*	PUNCT
fbem-6010	158	80	*	*	PUNCT
fbem-6010	158	81	-0.026	-0.026	PUNCT
fbem-6010	158	82	1	1	NUM
fbem-6010	158	83	f1	f1	NOUN
fbem-6010	158	84	0.088	0.088	NUM
fbem-6010	158	85	*	*	NOUN
fbem-6010	158	86	*	*	PUNCT
fbem-6010	158	87	0.133	0.133	NUM
fbem-6010	158	88	*	*	PUNCT
fbem-6010	158	89	*	*	PUNCT
fbem-6010	158	90	*	*	PUNCT
fbem-6010	158	91	0.031	0.031	NUM
fbem-6010	158	92	-0.099	-0.099	NOUN
fbem-6010	158	93	*	*	PUNCT
fbem-6010	158	94	*	*	PUNCT
fbem-6010	158	95	-0.043	-0.043	NOUN
fbem-6010	158	96	-0.098	-0.098	PUNCT
fbem-6010	158	97	*	*	PUNCT
fbem-6010	158	98	*	*	PUNCT
fbem-6010	158	99	-0.015	-0.015	PUNCT
fbem-6010	158	100	-0.080	-0.080	VERB
fbem-6010	158	101	*	*	PUNCT
fbem-6010	158	102	*	*	SYM
fbem-6010	158	103	1	1	NUM
fbem-6010	158	104	note	note	NOUN
fbem-6010	158	105	:	:	PUNCT
fbem-6010	158	106	*	*	PUNCT
fbem-6010	159	1	p	p	X
fbem-6010	159	2	<	<	X
fbem-6010	159	3	0.1	0.1	NUM
fbem-6010	159	4	,	,	PUNCT
fbem-6010	159	5	*	*	PUNCT
fbem-6010	160	1	*	*	PUNCT
fbem-6010	160	2	p	p	X
fbem-6010	160	3	<	<	X
fbem-6010	160	4	0.05	0.05	NUM
fbem-6010	160	5	,	,	PUNCT
fbem-6010	160	6	and	and	CCONJ
fbem-6010	160	7	*	*	PUNCT
fbem-6010	161	1	*	*	PUNCT
fbem-6010	161	2	*	*	PUNCT
fbem-6010	161	3	p	p	X
fbem-6010	161	4	<	<	X
fbem-6010	161	5	0.01	0.01	NUM
fbem-6010	161	6	4.4	4.4	NUM
fbem-6010	161	7	.	.	PUNCT
fbem-6010	162	1	analysis	analysis	NOUN
fbem-6010	162	2	of	of	ADP
fbem-6010	162	3	the	the	DET
fbem-6010	162	4	regression	regression	NOUN
fbem-6010	162	5	results	result	VERB
fbem-6010	162	6	table8	table8	NOUN
fbem-6010	162	7	reports	report	VERB
fbem-6010	162	8	the	the	DET
fbem-6010	162	9	relationship	relationship	NOUN
fbem-6010	162	10	between	between	ADP
fbem-6010	162	11	hypotheses	hypothesis	NOUN
fbem-6010	162	12	1	1	NUM
fbem-6010	162	13	to	to	PART
fbem-6010	162	14	5	5	NUM
fbem-6010	162	15	,	,	PUNCT
fbem-6010	162	16	namely	namely	ADV
fbem-6010	162	17	,	,	PUNCT
fbem-6010	162	18	innovation	innovation	NOUN
fbem-6010	162	19	investment	investment	NOUN
fbem-6010	162	20	,	,	PUNCT
fbem-6010	162	21	equity	equity	NOUN
fbem-6010	162	22	incentive	incentive	NOUN
fbem-6010	162	23	,	,	PUNCT
fbem-6010	162	24	and	and	CCONJ
fbem-6010	162	25	the	the	DET
fbem-6010	162	26	enterprise	enterprise	NOUN
fbem-6010	162	27	value	value	NOUN
fbem-6010	162	28	of	of	ADP
fbem-6010	162	29	the	the	DET
fbem-6010	162	30	science	science	NOUN
fbem-6010	162	31	and	and	CCONJ
fbem-6010	162	32	technology	technology	NOUN
fbem-6010	162	33	innovation	innovation	NOUN
fbem-6010	162	34	board	board	NOUN
fbem-6010	162	35	.	.	PUNCT
fbem-6010	163	1	(	(	PUNCT
fbem-6010	163	2	1	1	X
fbem-6010	163	3	)	)	PUNCT
fbem-6010	163	4	analysis	analysis	NOUN
fbem-6010	163	5	of	of	ADP
fbem-6010	163	6	the	the	DET
fbem-6010	163	7	relationship	relationship	NOUN
fbem-6010	163	8	between	between	ADP
fbem-6010	163	9	control	control	NOUN
fbem-6010	163	10	variables	variable	NOUN
fbem-6010	163	11	and	and	CCONJ
fbem-6010	163	12	the	the	DET
fbem-6010	163	13	value	value	NOUN
fbem-6010	163	14	of	of	ADP
fbem-6010	163	15	the	the	DET
fbem-6010	163	16	science	science	NOUN
fbem-6010	163	17	and	and	CCONJ
fbem-6010	163	18	innovation	innovation	NOUN
fbem-6010	163	19	board	board	PROPN
fbem-6010	163	20	.	.	PUNCT
fbem-6010	164	1	this	this	DET
fbem-6010	164	2	paper	paper	NOUN
fbem-6010	164	3	uses	use	VERB
fbem-6010	164	4	ols	ol	NOUN
fbem-6010	164	5	regression	regression	NOUN
fbem-6010	164	6	to	to	PART
fbem-6010	164	7	test	test	VERB
fbem-6010	164	8	the	the	DET
fbem-6010	164	9	relationship	relationship	NOUN
fbem-6010	164	10	between	between	ADP
fbem-6010	164	11	control	control	NOUN
fbem-6010	164	12	variables	variable	NOUN
fbem-6010	164	13	and	and	CCONJ
fbem-6010	164	14	the	the	DET
fbem-6010	164	15	innovation	innovation	NOUN
fbem-6010	164	16	board	board	NOUN
fbem-6010	164	17	enterprises	enterprise	NOUN
fbem-6010	164	18	.	.	PUNCT
fbem-6010	165	1	according	accord	VERB
fbem-6010	165	2	to	to	ADP
fbem-6010	165	3	the	the	DET
fbem-6010	165	4	column	column	NOUN
fbem-6010	165	5	(	(	PUNCT
fbem-6010	165	6	1	1	X
fbem-6010	165	7	)	)	PUNCT
fbem-6010	165	8	shown	show	VERB
fbem-6010	165	9	in	in	ADP
fbem-6010	165	10	table	table	NOUN
fbem-6010	165	11	8	8	NUM
fbem-6010	165	12	,	,	PUNCT
fbem-6010	165	13	the	the	DET
fbem-6010	165	14	regression	regression	NOUN
fbem-6010	165	15	coefficient	coefficient	NOUN
fbem-6010	165	16	of	of	ADP
fbem-6010	165	17	the	the	DET
fbem-6010	165	18	asset	asset	NOUN
fbem-6010	165	19	-	-	PUNCT
fbem-6010	165	20	liability	liability	NOUN
fbem-6010	165	21	ratio	ratio	NOUN
fbem-6010	165	22	(	(	PUNCT
fbem-6010	165	23	lev	lev	NOUN
fbem-6010	165	24	)	)	PUNCT
fbem-6010	165	25	is-0.003	is-0.003	PROPN
fbem-6010	165	26	,	,	PUNCT
fbem-6010	165	27	and	and	CCONJ
fbem-6010	165	28	were	be	AUX
fbem-6010	165	29	significant	significant	ADJ
fbem-6010	165	30	at	at	ADP
fbem-6010	165	31	the	the	DET
fbem-6010	165	32	5	5	NUM
fbem-6010	165	33	%	%	NOUN
fbem-6010	165	34	significance	significance	NOUN
fbem-6010	165	35	level	level	NOUN
fbem-6010	165	36	,	,	PUNCT
fbem-6010	165	37	this	this	PRON
fbem-6010	165	38	indicates	indicate	VERB
fbem-6010	165	39	a	a	DET
fbem-6010	165	40	negative	negative	ADJ
fbem-6010	165	41	correlation	correlation	NOUN
fbem-6010	165	42	between	between	ADP
fbem-6010	165	43	the	the	DET
fbem-6010	165	44	asset	asset	NOUN
fbem-6010	165	45	-	-	PUNCT
fbem-6010	165	46	liability	liability	NOUN
fbem-6010	165	47	ratio	ratio	NOUN
fbem-6010	165	48	and	and	CCONJ
fbem-6010	165	49	the	the	DET
fbem-6010	165	50	enterprise	enterprise	NOUN
fbem-6010	165	51	value	value	NOUN
fbem-6010	165	52	of	of	ADP
fbem-6010	165	53	the	the	DET
fbem-6010	165	54	science	science	NOUN
fbem-6010	165	55	and	and	CCONJ
fbem-6010	165	56	technology	technology	NOUN
fbem-6010	165	57	innovation	innovation	NOUN
fbem-6010	165	58	board	board	NOUN
fbem-6010	165	59	,	,	PUNCT
fbem-6010	165	60	the	the	DET
fbem-6010	165	61	results	result	NOUN
fbem-6010	165	62	indicate	indicate	VERB
fbem-6010	165	63	that	that	SCONJ
fbem-6010	165	64	the	the	PRON
fbem-6010	165	65	higher	high	ADJ
fbem-6010	165	66	the	the	DET
fbem-6010	165	67	asset	asset	NOUN
fbem-6010	165	68	-	-	PUNCT
fbem-6010	165	69	liability	liability	NOUN
fbem-6010	165	70	ratio	ratio	NOUN
fbem-6010	165	71	,	,	PUNCT
fbem-6010	165	72	the	the	PRON
fbem-6010	165	73	lower	low	ADJ
fbem-6010	165	74	the	the	DET
fbem-6010	165	75	value	value	NOUN
fbem-6010	165	76	of	of	ADP
fbem-6010	165	77	the	the	DET
fbem-6010	165	78	science	science	NOUN
fbem-6010	165	79	and	and	CCONJ
fbem-6010	165	80	technology	technology	NOUN
fbem-6010	165	81	innovation	innovation	NOUN
fbem-6010	165	82	board	board	NOUN
fbem-6010	165	83	enterprises	enterprise	NOUN
fbem-6010	165	84	;	;	PUNCT
fbem-6010	165	85	the	the	DET
fbem-6010	165	86	regression	regression	NOUN
fbem-6010	165	87	coefficient	coefficient	NOUN
fbem-6010	165	88	of	of	ADP
fbem-6010	165	89	enterprise	enterprise	NOUN
fbem-6010	165	90	size	size	NOUN
fbem-6010	165	91	(	(	PUNCT
fbem-6010	165	92	csize	csize	NOUN
fbem-6010	165	93	)	)	PUNCT
fbem-6010	165	94	is	be	AUX
fbem-6010	165	95	0.162	0.162	NUM
fbem-6010	165	96	,	,	PUNCT
fbem-6010	165	97	and	and	CCONJ
fbem-6010	165	98	were	be	AUX
fbem-6010	165	99	significant	significant	ADJ
fbem-6010	165	100	at	at	ADP
fbem-6010	165	101	the	the	DET
fbem-6010	165	102	5	5	NUM
fbem-6010	165	103	%	%	NOUN
fbem-6010	165	104	significance	significance	NOUN
fbem-6010	165	105	level	level	NOUN
fbem-6010	165	106	,	,	PUNCT
fbem-6010	165	107	this	this	PRON
fbem-6010	165	108	indicates	indicate	VERB
fbem-6010	165	109	a	a	DET
fbem-6010	165	110	positive	positive	ADJ
fbem-6010	165	111	correlation	correlation	NOUN
fbem-6010	165	112	between	between	ADP
fbem-6010	165	113	the	the	DET
fbem-6010	165	114	size	size	NOUN
fbem-6010	165	115	of	of	ADP
fbem-6010	165	116	the	the	DET
fbem-6010	165	117	enterprise	enterprise	NOUN
fbem-6010	165	118	and	and	CCONJ
fbem-6010	165	119	the	the	DET
fbem-6010	165	120	enterprise	enterprise	NOUN
fbem-6010	165	121	value	value	NOUN
fbem-6010	165	122	of	of	ADP
fbem-6010	165	123	the	the	DET
fbem-6010	165	124	science	science	NOUN
fbem-6010	165	125	and	and	CCONJ
fbem-6010	165	126	technology	technology	NOUN
fbem-6010	165	127	innovation	innovation	NOUN
fbem-6010	165	128	board	board	NOUN
fbem-6010	165	129	,	,	PUNCT
fbem-6010	165	130	the	the	DET
fbem-6010	165	131	results	result	NOUN
fbem-6010	165	132	show	show	VERB
fbem-6010	165	133	that	that	SCONJ
fbem-6010	165	134	,	,	PUNCT
fbem-6010	165	135	the	the	PRON
fbem-6010	165	136	larger	large	ADJ
fbem-6010	165	137	the	the	DET
fbem-6010	165	138	business	business	NOUN
fbem-6010	165	139	size	size	NOUN
fbem-6010	165	140	,	,	PUNCT
fbem-6010	165	141	the	the	PRON
fbem-6010	165	142	smaller	small	ADJ
fbem-6010	165	143	the	the	DET
fbem-6010	165	144	value	value	NOUN
fbem-6010	165	145	of	of	ADP
fbem-6010	165	146	the	the	DET
fbem-6010	165	147	science	science	NOUN
fbem-6010	165	148	and	and	CCONJ
fbem-6010	165	149	technology	technology	NOUN
fbem-6010	165	150	innovation	innovation	NOUN
fbem-6010	165	151	board	board	NOUN
fbem-6010	165	152	enterprises	enterprise	NOUN
fbem-6010	165	153	;	;	PUNCT
fbem-6010	165	154	the	the	DET
fbem-6010	165	155	regression	regression	NOUN
fbem-6010	165	156	coefficient	coefficient	NOUN
fbem-6010	165	157	of	of	ADP
fbem-6010	165	158	net	net	ADJ
fbem-6010	165	159	asset	asset	NOUN
fbem-6010	165	160	growth	growth	NOUN
fbem-6010	165	161	rate	rate	NOUN
fbem-6010	165	162	(	(	PUNCT
fbem-6010	165	163	growth	growth	NOUN
fbem-6010	165	164	)	)	PUNCT
fbem-6010	165	165	is	be	AUX
fbem-6010	165	166	0.184	0.184	NUM
fbem-6010	165	167	,	,	PUNCT
fbem-6010	165	168	and	and	CCONJ
fbem-6010	165	169	were	be	AUX
fbem-6010	165	170	significant	significant	ADJ
fbem-6010	165	171	at	at	ADP
fbem-6010	165	172	the	the	DET
fbem-6010	165	173	1	1	NUM
fbem-6010	165	174	%	%	NOUN
fbem-6010	165	175	level	level	NOUN
fbem-6010	165	176	of	of	ADP
fbem-6010	165	177	significance	significance	NOUN
fbem-6010	165	178	,	,	PUNCT
fbem-6010	165	179	this	this	PRON
fbem-6010	165	180	indicates	indicate	VERB
fbem-6010	165	181	a	a	DET
fbem-6010	165	182	positive	positive	ADJ
fbem-6010	165	183	correlation	correlation	NOUN
fbem-6010	165	184	between	between	ADP
fbem-6010	165	185	the	the	DET
fbem-6010	165	186	growth	growth	NOUN
fbem-6010	165	187	rate	rate	NOUN
fbem-6010	165	188	of	of	ADP
fbem-6010	165	189	net	net	ADJ
fbem-6010	165	190	assets	asset	NOUN
fbem-6010	165	191	and	and	CCONJ
fbem-6010	165	192	the	the	DET
fbem-6010	165	193	value	value	NOUN
fbem-6010	165	194	of	of	ADP
fbem-6010	165	195	the	the	DET
fbem-6010	165	196	science	science	NOUN
fbem-6010	165	197	and	and	CCONJ
fbem-6010	165	198	technology	technology	NOUN
fbem-6010	165	199	innovation	innovation	NOUN
fbem-6010	165	200	board	board	NOUN
fbem-6010	165	201	,	,	PUNCT
fbem-6010	165	202	the	the	DET
fbem-6010	165	203	results	result	NOUN
fbem-6010	165	204	show	show	VERB
fbem-6010	165	205	that	that	SCONJ
fbem-6010	165	206	,	,	PUNCT
fbem-6010	165	207	the	the	PRON
fbem-6010	165	208	greater	great	ADJ
fbem-6010	165	209	the	the	DET
fbem-6010	165	210	net	net	ADJ
fbem-6010	165	211	asset	asset	NOUN
fbem-6010	165	212	growth	growth	NOUN
fbem-6010	165	213	rate	rate	NOUN
fbem-6010	165	214	,	,	PUNCT
fbem-6010	165	215	the	the	PRON
fbem-6010	165	216	greater	great	ADJ
fbem-6010	165	217	the	the	DET
fbem-6010	165	218	value	value	NOUN
fbem-6010	165	219	of	of	ADP
fbem-6010	165	220	the	the	DET
fbem-6010	165	221	science	science	NOUN
fbem-6010	165	222	and	and	CCONJ
fbem-6010	165	223	technology	technology	NOUN
fbem-6010	165	224	innovation	innovation	NOUN
fbem-6010	165	225	board	board	NOUN
fbem-6010	165	226	enterprises	enterprise	NOUN
fbem-6010	165	227	;	;	PUNCT
fbem-6010	165	228	the	the	DET
fbem-6010	165	229	regression	regression	NOUN
fbem-6010	165	230	coefficient	coefficient	NOUN
fbem-6010	165	231	of	of	ADP
fbem-6010	165	232	the	the	DET
fbem-6010	165	233	largest	large	ADJ
fbem-6010	165	234	shareholder	shareholder	NOUN
fbem-6010	165	235	(	(	PUNCT
fbem-6010	165	236	f1	f1	NOUN
fbem-6010	165	237	)	)	PUNCT
fbem-6010	165	238	is	be	AUX
fbem-6010	165	239	0.501	0.501	NUM
fbem-6010	165	240	,	,	PUNCT
fbem-6010	165	241	and	and	CCONJ
fbem-6010	165	242	were	be	AUX
fbem-6010	165	243	significant	significant	ADJ
fbem-6010	165	244	at	at	ADP
fbem-6010	165	245	a	a	DET
fbem-6010	165	246	significance	significance	NOUN
fbem-6010	165	247	level	level	NOUN
fbem-6010	165	248	of	of	ADP
fbem-6010	165	249	10	10	NUM
fbem-6010	165	250	%	%	NOUN
fbem-6010	165	251	,	,	PUNCT
fbem-6010	165	252	this	this	PRON
fbem-6010	165	253	indicates	indicate	VERB
fbem-6010	165	254	that	that	SCONJ
fbem-6010	165	255	there	there	PRON
fbem-6010	165	256	is	be	VERB
fbem-6010	165	257	a	a	DET
fbem-6010	165	258	significant	significant	ADJ
fbem-6010	165	259	positive	positive	ADJ
fbem-6010	165	260	correlation	correlation	NOUN
fbem-6010	165	261	between	between	ADP
fbem-6010	165	262	the	the	DET
fbem-6010	165	263	shareholding	shareholding	NOUN
fbem-6010	165	264	ratio	ratio	NOUN
fbem-6010	165	265	of	of	ADP
fbem-6010	165	266	the	the	DET
fbem-6010	165	267	largest	large	ADJ
fbem-6010	165	268	shareholder	shareholder	NOUN
fbem-6010	165	269	and	and	CCONJ
fbem-6010	165	270	the	the	DET
fbem-6010	165	271	value	value	NOUN
fbem-6010	165	272	of	of	ADP
fbem-6010	165	273	the	the	DET
fbem-6010	165	274	science	science	NOUN
fbem-6010	165	275	and	and	CCONJ
fbem-6010	165	276	technology	technology	NOUN
fbem-6010	165	277	innovation	innovation	NOUN
fbem-6010	165	278	board	board	NOUN
fbem-6010	165	279	,	,	PUNCT
fbem-6010	165	280	the	the	DET
fbem-6010	165	281	results	result	NOUN
fbem-6010	165	282	show	show	VERB
fbem-6010	165	283	that	that	SCONJ
fbem-6010	165	284	,	,	PUNCT
fbem-6010	165	285	the	the	PRON
fbem-6010	165	286	higher	high	ADJ
fbem-6010	165	287	the	the	DET
fbem-6010	165	288	shareholding	shareholding	NOUN
fbem-6010	165	289	ratio	ratio	NOUN
fbem-6010	165	290	of	of	ADP
fbem-6010	165	291	the	the	DET
fbem-6010	165	292	largest	large	ADJ
fbem-6010	165	293	shareholder	shareholder	NOUN
fbem-6010	165	294	,	,	PUNCT
fbem-6010	165	295	the	the	PRON
fbem-6010	165	296	greater	great	ADJ
fbem-6010	165	297	the	the	DET
fbem-6010	165	298	value	value	NOUN
fbem-6010	165	299	of	of	ADP
fbem-6010	165	300	the	the	DET
fbem-6010	165	301	science	science	NOUN
fbem-6010	165	302	and	and	CCONJ
fbem-6010	165	303	technology	technology	NOUN
fbem-6010	165	304	innovation	innovation	NOUN
fbem-6010	165	305	board	board	NOUN
fbem-6010	165	306	enterprises	enterprise	NOUN
fbem-6010	165	307	.	.	PUNCT
fbem-6010	166	1	(	(	PUNCT
fbem-6010	166	2	2	2	X
fbem-6010	166	3	)	)	PUNCT
fbem-6010	166	4	the	the	DET
fbem-6010	166	5	impact	impact	NOUN
fbem-6010	166	6	of	of	ADP
fbem-6010	166	7	innovation	innovation	NOUN
fbem-6010	166	8	investment	investment	NOUN
fbem-6010	166	9	on	on	ADP
fbem-6010	166	10	the	the	DET
fbem-6010	166	11	enterprise	enterprise	NOUN
fbem-6010	166	12	value	value	NOUN
fbem-6010	166	13	of	of	ADP
fbem-6010	166	14	the	the	DET
fbem-6010	166	15	science	science	NOUN
fbem-6010	166	16	and	and	CCONJ
fbem-6010	166	17	technology	technology	NOUN
fbem-6010	166	18	innovation	innovation	NOUN
fbem-6010	166	19	board	board	PROPN
fbem-6010	166	20	.	.	PUNCT
fbem-6010	167	1	for	for	ADP
fbem-6010	167	2	hypothesis	hypothesis	NOUN
fbem-6010	167	3	(	(	PUNCT
fbem-6010	167	4	1	1	NUM
fbem-6010	167	5	)	)	PUNCT
fbem-6010	167	6	,	,	PUNCT
fbem-6010	167	7	this	this	DET
fbem-6010	167	8	paper	paper	NOUN
fbem-6010	167	9	continues	continue	VERB
fbem-6010	167	10	to	to	PART
fbem-6010	167	11	use	use	VERB
fbem-6010	167	12	ols	ol	NOUN
fbem-6010	167	13	regression	regression	NOUN
fbem-6010	167	14	to	to	PART
fbem-6010	167	15	add	add	VERB
fbem-6010	167	16	innovation	innovation	NOUN
fbem-6010	167	17	input	input	NOUN
fbem-6010	167	18	(	(	PUNCT
fbem-6010	167	19	ed1	ed1	PROPN
fbem-6010	167	20	)	)	PUNCT
fbem-6010	167	21	,	,	PUNCT
fbem-6010	167	22	and	and	CCONJ
fbem-6010	167	23	the	the	DET
fbem-6010	167	24	specific	specific	ADJ
fbem-6010	167	25	results	result	NOUN
fbem-6010	167	26	are	be	AUX
fbem-6010	167	27	shown	show	VERB
fbem-6010	167	28	in	in	ADP
fbem-6010	167	29	column	column	NOUN
fbem-6010	167	30	(	(	PUNCT
fbem-6010	167	31	2	2	NUM
fbem-6010	167	32	)	)	PUNCT
fbem-6010	167	33	in	in	ADP
fbem-6010	167	34	table	table	NOUN
fbem-6010	167	35	8	8	NUM
fbem-6010	167	36	.	.	PUNCT
fbem-6010	168	1	according	accord	VERB
fbem-6010	168	2	to	to	ADP
fbem-6010	168	3	column	column	NOUN
fbem-6010	168	4	(	(	PUNCT
fbem-6010	168	5	2	2	NUM
fbem-6010	168	6	)	)	PUNCT
fbem-6010	168	7	in	in	ADP
fbem-6010	168	8	table	table	NOUN
fbem-6010	168	9	8	8	NUM
fbem-6010	168	10	,	,	PUNCT
fbem-6010	168	11	the	the	DET
fbem-6010	168	12	regression	regression	NOUN
fbem-6010	168	13	coefficient	coefficient	NOUN
fbem-6010	168	14	for	for	ADP
fbem-6010	168	15	innovation	innovation	NOUN
fbem-6010	168	16	input	input	NOUN
fbem-6010	168	17	(	(	PUNCT
fbem-6010	168	18	rd1	rd1	NOUN
fbem-6010	168	19	)	)	PUNCT
fbem-6010	168	20	is	be	AUX
fbem-6010	168	21	0.609	0.609	NUM
fbem-6010	168	22	and	and	CCONJ
fbem-6010	168	23	is	be	AUX
fbem-6010	168	24	shown	show	VERB
fbem-6010	168	25	at	at	ADP
fbem-6010	168	26	the	the	DET
fbem-6010	168	27	5	5	NUM
fbem-6010	168	28	%	%	NOUN
fbem-6010	168	29	significance	significance	NOUN
fbem-6010	168	30	level	level	NOUN
fbem-6010	168	31	,	,	PUNCT
fbem-6010	168	32	verifying	verify	VERB
fbem-6010	168	33	the	the	DET
fbem-6010	168	34	hypothesis	hypothesis	NOUN
fbem-6010	168	35	(	(	PUNCT
fbem-6010	168	36	1	1	NUM
fbem-6010	168	37	)	)	PUNCT
fbem-6010	168	38	.	.	PUNCT
fbem-6010	169	1	the	the	DET
fbem-6010	169	2	results	result	NOUN
fbem-6010	169	3	show	show	VERB
fbem-6010	169	4	that	that	SCONJ
fbem-6010	169	5	for	for	ADP
fbem-6010	169	6	every	every	DET
fbem-6010	169	7	10	10	NUM
fbem-6010	169	8	%	%	NOUN
fbem-6010	169	9	increase	increase	NOUN
fbem-6010	169	10	in	in	ADP
fbem-6010	169	11	rd1	rd1	PROPN
fbem-6010	169	12	(	(	PUNCT
fbem-6010	169	13	r	r	NOUN
fbem-6010	169	14	&	&	CCONJ
fbem-6010	169	15	d	d	PROPN
fbem-6010	169	16	investment	investment	NOUN
fbem-6010	169	17	/	/	SYM
fbem-6010	169	18	total	total	ADJ
fbem-6010	169	19	assets	asset	NOUN
fbem-6010	169	20	)	)	PUNCT
fbem-6010	169	21	,	,	PUNCT
fbem-6010	169	22	the	the	DET
fbem-6010	169	23	value	value	NOUN
fbem-6010	169	24	of	of	ADP
fbem-6010	169	25	the	the	DET
fbem-6010	169	26	science	science	NOUN
fbem-6010	169	27	and	and	CCONJ
fbem-6010	169	28	technology	technology	NOUN
fbem-6010	169	29	innovation	innovation	NOUN
fbem-6010	169	30	board	board	NOUN
fbem-6010	169	31	enterprises	enterprise	NOUN
fbem-6010	169	32	increased	increase	VERB
fbem-6010	169	33	by	by	ADP
fbem-6010	169	34	6.09	6.09	NUM
fbem-6010	169	35	%	%	NOUN
fbem-6010	169	36	.	.	PUNCT
fbem-6010	170	1	for	for	ADP
fbem-6010	170	2	the	the	DET
fbem-6010	170	3	control	control	NOUN
fbem-6010	170	4	variables	variable	NOUN
fbem-6010	170	5	,	,	PUNCT
fbem-6010	170	6	this	this	DET
fbem-6010	170	7	paper	paper	NOUN
fbem-6010	170	8	finds	find	VERB
fbem-6010	170	9	that	that	SCONJ
fbem-6010	170	10	the	the	DET
fbem-6010	170	11	asset	asset	NOUN
fbem-6010	170	12	-	-	PUNCT
fbem-6010	170	13	liability	liability	NOUN
fbem-6010	170	14	ratio	ratio	NOUN
fbem-6010	170	15	(	(	PUNCT
fbem-6010	170	16	lev	lev	NOUN
fbem-6010	170	17	)	)	PUNCT
fbem-6010	170	18	and	and	CCONJ
fbem-6010	170	19	the	the	DET
fbem-6010	170	20	enterprise	enterprise	NOUN
fbem-6010	170	21	value	value	NOUN
fbem-6010	170	22	of	of	ADP
fbem-6010	170	23	the	the	DET
fbem-6010	170	24	science	science	NOUN
fbem-6010	170	25	and	and	CCONJ
fbem-6010	170	26	technology	technology	NOUN
fbem-6010	170	27	innovation	innovation	NOUN
fbem-6010	170	28	board	board	NOUN
fbem-6010	170	29	,	,	PUNCT
fbem-6010	170	30	the	the	DET
fbem-6010	170	31	negative	negative	ADJ
fbem-6010	170	32	correlation	correlation	NOUN
fbem-6010	170	33	between	between	ADP
fbem-6010	170	34	the	the	DET
fbem-6010	170	35	enterprise	enterprise	NOUN
fbem-6010	170	36	size	size	NOUN
fbem-6010	170	37	(	(	PUNCT
fbem-6010	170	38	csize	csize	NOUN
fbem-6010	170	39	)	)	PUNCT
fbem-6010	170	40	and	and	CCONJ
fbem-6010	170	41	the	the	DET
fbem-6010	170	42	enterprise	enterprise	NOUN
fbem-6010	170	43	value	value	NOUN
fbem-6010	170	44	of	of	ADP
fbem-6010	170	45	the	the	DET
fbem-6010	170	46	science	science	NOUN
fbem-6010	170	47	and	and	CCONJ
fbem-6010	170	48	technology	technology	NOUN
fbem-6010	170	49	innovation	innovation	NOUN
fbem-6010	170	50	board	board	NOUN
fbem-6010	170	51	,	,	PUNCT
fbem-6010	170	52	and	and	CCONJ
fbem-6010	170	53	the	the	DET
fbem-6010	170	54	net	net	ADJ
fbem-6010	170	55	asset	asset	NOUN
fbem-6010	170	56	growth	growth	NOUN
fbem-6010	170	57	rate	rate	NOUN
fbem-6010	170	58	(	(	PUNCT
fbem-6010	170	59	growth	growth	NOUN
fbem-6010	170	60	)	)	PUNCT
fbem-6010	170	61	and	and	CCONJ
fbem-6010	170	62	the	the	DET
fbem-6010	170	63	enterprise	enterprise	NOUN
fbem-6010	170	64	value	value	NOUN
fbem-6010	170	65	of	of	ADP
fbem-6010	170	66	the	the	DET
fbem-6010	170	67	science	science	NOUN
fbem-6010	170	68	and	and	CCONJ
fbem-6010	170	69	technology	technology	NOUN
fbem-6010	170	70	innovation	innovation	NOUN
fbem-6010	170	71	board	board	NOUN
fbem-6010	170	72	.	.	PUNCT
fbem-6010	171	1	there	there	PRON
fbem-6010	171	2	is	be	VERB
fbem-6010	171	3	a	a	DET
fbem-6010	171	4	positive	positive	ADJ
fbem-6010	171	5	correlation	correlation	NOUN
fbem-6010	171	6	between	between	ADP
fbem-6010	171	7	the	the	DET
fbem-6010	171	8	shareholding	shareholding	NOUN
fbem-6010	171	9	ratio	ratio	NOUN
fbem-6010	171	10	of	of	ADP
fbem-6010	171	11	the	the	DET
fbem-6010	171	12	largest	large	ADJ
fbem-6010	171	13	shareholder	shareholder	NOUN
fbem-6010	171	14	(	(	PUNCT
fbem-6010	171	15	f1	f1	NOUN
fbem-6010	171	16	)	)	PUNCT
fbem-6010	171	17	and	and	CCONJ
fbem-6010	171	18	the	the	DET
fbem-6010	171	19	enterprise	enterprise	NOUN
fbem-6010	171	20	value	value	NOUN
fbem-6010	171	21	of	of	ADP
fbem-6010	171	22	the	the	DET
fbem-6010	171	23	science	science	NOUN
fbem-6010	171	24	and	and	CCONJ
fbem-6010	171	25	technology	technology	NOUN
fbem-6010	171	26	innovation	innovation	NOUN
fbem-6010	171	27	board	board	PROPN
fbem-6010	171	28	.	.	PUNCT
fbem-6010	172	1	for	for	ADP
fbem-6010	172	2	hypothesis	hypothesis	NOUN
fbem-6010	172	3	(	(	PUNCT
fbem-6010	172	4	2	2	NUM
fbem-6010	172	5	)	)	PUNCT
fbem-6010	172	6	,	,	PUNCT
fbem-6010	172	7	ols	ol	NOUN
fbem-6010	172	8	regression	regression	NOUN
fbem-6010	172	9	is	be	AUX
fbem-6010	172	10	continued	continue	VERB
fbem-6010	172	11	to	to	PART
fbem-6010	172	12	add	add	VERB
fbem-6010	172	13	innovation	innovation	NOUN
fbem-6010	172	14	input	input	NOUN
fbem-6010	172	15	(	(	PUNCT
fbem-6010	172	16	ed2	ed2	PROPN
fbem-6010	172	17	)	)	PUNCT
fbem-6010	172	18	,	,	PUNCT
fbem-6010	172	19	and	and	CCONJ
fbem-6010	172	20	the	the	DET
fbem-6010	172	21	specific	specific	ADJ
fbem-6010	172	22	results	result	NOUN
fbem-6010	172	23	are	be	AUX
fbem-6010	172	24	shown	show	VERB
fbem-6010	172	25	in	in	ADP
fbem-6010	172	26	columns	column	NOUN
fbem-6010	172	27	(	(	PUNCT
fbem-6010	172	28	6	6	NUM
fbem-6010	172	29	)	)	PUNCT
fbem-6010	172	30	in	in	ADP
fbem-6010	172	31	table	table	NOUN
fbem-6010	172	32	8	8	NUM
fbem-6010	172	33	.	.	PUNCT
fbem-6010	173	1	according	accord	VERB
fbem-6010	173	2	to	to	ADP
fbem-6010	173	3	the	the	DET
fbem-6010	173	4	columns	column	NOUN
fbem-6010	173	5	(	(	PUNCT
fbem-6010	173	6	6	6	NUM
fbem-6010	173	7	)	)	PUNCT
fbem-6010	173	8	in	in	ADP
fbem-6010	173	9	table	table	NOUN
fbem-6010	173	10	8	8	NUM
fbem-6010	173	11	,	,	PUNCT
fbem-6010	173	12	the	the	DET
fbem-6010	173	13	regression	regression	NOUN
fbem-6010	173	14	coefficient	coefficient	NOUN
fbem-6010	173	15	for	for	ADP
fbem-6010	173	16	innovation	innovation	NOUN
fbem-6010	173	17	input	input	NOUN
fbem-6010	173	18	(	(	PUNCT
fbem-6010	173	19	rd2	rd2	NOUN
fbem-6010	173	20	)	)	PUNCT
fbem-6010	173	21	is	be	AUX
fbem-6010	173	22	0.552	0.552	NUM
fbem-6010	173	23	and	and	CCONJ
fbem-6010	173	24	appears	appear	VERB
fbem-6010	173	25	at	at	ADP
fbem-6010	173	26	the	the	DET
fbem-6010	173	27	significance	significance	NOUN
fbem-6010	173	28	level	level	NOUN
fbem-6010	173	29	of	of	ADP
fbem-6010	173	30	1	1	NUM
fbem-6010	173	31	%	%	NOUN
fbem-6010	173	32	,	,	PUNCT
fbem-6010	173	33	testing	test	VERB
fbem-6010	173	34	the	the	DET
fbem-6010	173	35	hypothesis	hypothesis	NOUN
fbem-6010	173	36	(	(	PUNCT
fbem-6010	173	37	2	2	NUM
fbem-6010	173	38	)	)	PUNCT
fbem-6010	173	39	.	.	PUNCT
fbem-6010	174	1	the	the	DET
fbem-6010	174	2	results	result	NOUN
fbem-6010	174	3	show	show	VERB
fbem-6010	174	4	that	that	SCONJ
fbem-6010	174	5	every	every	DET
fbem-6010	174	6	10	10	NUM
fbem-6010	174	7	%	%	NOUN
fbem-6010	174	8	increase	increase	NOUN
fbem-6010	174	9	in	in	ADP
fbem-6010	174	10	rd2	rd2	PROPN
fbem-6010	174	11	(	(	PUNCT
fbem-6010	174	12	total	total	ADJ
fbem-6010	174	13	r	r	NOUN
fbem-6010	174	14	&	&	CCONJ
fbem-6010	174	15	d	d	PROPN
fbem-6010	174	16	staff	staff	NOUN
fbem-6010	174	17	/	/	SYM
fbem-6010	174	18	total	total	ADJ
fbem-6010	174	19	number	number	NOUN
fbem-6010	174	20	of	of	ADP
fbem-6010	174	21	employees	employee	NOUN
fbem-6010	174	22	)	)	PUNCT
fbem-6010	174	23	increases	increase	VERB
fbem-6010	174	24	the	the	DET
fbem-6010	174	25	value	value	NOUN
fbem-6010	174	26	of	of	ADP
fbem-6010	174	27	the	the	DET
fbem-6010	174	28	science	science	NOUN
fbem-6010	174	29	and	and	CCONJ
fbem-6010	174	30	technology	technology	NOUN
fbem-6010	174	31	innovation	innovation	NOUN
fbem-6010	174	32	board	board	NOUN
fbem-6010	174	33	by	by	ADP
fbem-6010	174	34	5.52	5.52	NUM
fbem-6010	174	35	%	%	NOUN
fbem-6010	174	36	.	.	PUNCT
fbem-6010	175	1	for	for	ADP
fbem-6010	175	2	the	the	DET
fbem-6010	175	3	control	control	NOUN
fbem-6010	175	4	variables	variable	NOUN
fbem-6010	175	5	,	,	PUNCT
fbem-6010	175	6	this	this	DET
fbem-6010	175	7	paper	paper	NOUN
fbem-6010	175	8	finds	find	VERB
fbem-6010	175	9	that	that	SCONJ
fbem-6010	175	10	the	the	DET
fbem-6010	175	11	asset	asset	NOUN
fbem-6010	175	12	-	-	PUNCT
fbem-6010	175	13	liability	liability	NOUN
fbem-6010	175	14	ratio	ratio	NOUN
fbem-6010	175	15	(	(	PUNCT
fbem-6010	175	16	lev	lev	NOUN
fbem-6010	175	17	)	)	PUNCT
fbem-6010	175	18	and	and	CCONJ
fbem-6010	175	19	the	the	DET
fbem-6010	175	20	enterprise	enterprise	NOUN
fbem-6010	175	21	value	value	NOUN
fbem-6010	175	22	of	of	ADP
fbem-6010	175	23	the	the	DET
fbem-6010	175	24	science	science	NOUN
fbem-6010	175	25	and	and	CCONJ
fbem-6010	175	26	technology	technology	NOUN
fbem-6010	175	27	innovation	innovation	NOUN
fbem-6010	175	28	board	board	NOUN
fbem-6010	175	29	,	,	PUNCT
fbem-6010	175	30	the	the	DET
fbem-6010	175	31	negative	negative	ADJ
fbem-6010	175	32	correlation	correlation	NOUN
fbem-6010	175	33	between	between	ADP
fbem-6010	175	34	the	the	DET
fbem-6010	175	35	enterprise	enterprise	NOUN
fbem-6010	175	36	size	size	NOUN
fbem-6010	175	37	(	(	PUNCT
fbem-6010	175	38	csize	csize	NOUN
fbem-6010	175	39	)	)	PUNCT
fbem-6010	175	40	and	and	CCONJ
fbem-6010	175	41	the	the	DET
fbem-6010	175	42	enterprise	enterprise	NOUN
fbem-6010	175	43	value	value	NOUN
fbem-6010	175	44	of	of	ADP
fbem-6010	175	45	the	the	DET
fbem-6010	175	46	science	science	NOUN
fbem-6010	175	47	and	and	CCONJ
fbem-6010	175	48	technology	technology	NOUN
fbem-6010	175	49	innovation	innovation	NOUN
fbem-6010	175	50	board	board	NOUN
fbem-6010	175	51	,	,	PUNCT
fbem-6010	175	52	and	and	CCONJ
fbem-6010	175	53	the	the	DET
fbem-6010	175	54	net	net	ADJ
fbem-6010	175	55	asset	asset	NOUN
fbem-6010	175	56	growth	growth	NOUN
fbem-6010	175	57	rate	rate	NOUN
fbem-6010	175	58	(	(	PUNCT
fbem-6010	175	59	growth	growth	NOUN
fbem-6010	175	60	)	)	PUNCT
fbem-6010	175	61	and	and	CCONJ
fbem-6010	175	62	the	the	DET
fbem-6010	175	63	enterprise	enterprise	NOUN
fbem-6010	175	64	value	value	NOUN
fbem-6010	175	65	of	of	ADP
fbem-6010	175	66	the	the	DET
fbem-6010	175	67	science	science	NOUN
fbem-6010	175	68	and	and	CCONJ
fbem-6010	175	69	technology	technology	NOUN
fbem-6010	175	70	innovation	innovation	NOUN
fbem-6010	175	71	board	board	NOUN
fbem-6010	175	72	.	.	PUNCT
fbem-6010	176	1	there	there	PRON
fbem-6010	176	2	is	be	VERB
fbem-6010	176	3	a	a	DET
fbem-6010	176	4	positive	positive	ADJ
fbem-6010	176	5	correlation	correlation	NOUN
fbem-6010	176	6	between	between	ADP
fbem-6010	176	7	the	the	DET
fbem-6010	176	8	122	122	NUM
fbem-6010	176	9	shareholding	shareholding	NOUN
fbem-6010	176	10	ratio	ratio	NOUN
fbem-6010	176	11	of	of	ADP
fbem-6010	176	12	the	the	DET
fbem-6010	176	13	largest	large	ADJ
fbem-6010	176	14	shareholder	shareholder	NOUN
fbem-6010	176	15	(	(	PUNCT
fbem-6010	176	16	f1	f1	NOUN
fbem-6010	176	17	)	)	PUNCT
fbem-6010	176	18	and	and	CCONJ
fbem-6010	176	19	the	the	DET
fbem-6010	176	20	enterprise	enterprise	NOUN
fbem-6010	176	21	value	value	NOUN
fbem-6010	176	22	of	of	ADP
fbem-6010	176	23	the	the	DET
fbem-6010	176	24	science	science	NOUN
fbem-6010	176	25	and	and	CCONJ
fbem-6010	176	26	technology	technology	NOUN
fbem-6010	176	27	innovation	innovation	NOUN
fbem-6010	176	28	board	board	NOUN
fbem-6010	176	29	.	.	PUNCT
fbem-6010	177	1	(	(	PUNCT
fbem-6010	177	2	3	3	X
fbem-6010	177	3	)	)	PUNCT
fbem-6010	177	4	the	the	DET
fbem-6010	177	5	regulating	regulate	VERB
fbem-6010	177	6	effect	effect	NOUN
fbem-6010	177	7	of	of	ADP
fbem-6010	177	8	equity	equity	NOUN
fbem-6010	177	9	incentive	incentive	NOUN
fbem-6010	177	10	intensity	intensity	NOUN
fbem-6010	177	11	.	.	PUNCT
fbem-6010	178	1	for	for	ADP
fbem-6010	178	2	hypothesis	hypothesis	NOUN
fbem-6010	178	3	(	(	PUNCT
fbem-6010	178	4	4	4	NUM
fbem-6010	178	5	)	)	PUNCT
fbem-6010	178	6	.	.	PUNCT
fbem-6010	179	1	on	on	ADP
fbem-6010	179	2	the	the	DET
fbem-6010	179	3	basis	basis	NOUN
fbem-6010	179	4	of	of	ADP
fbem-6010	179	5	columns	column	NOUN
fbem-6010	179	6	(	(	PUNCT
fbem-6010	179	7	2	2	NUM
fbem-6010	179	8	)	)	PUNCT
fbem-6010	179	9	and	and	CCONJ
fbem-6010	179	10	(	(	PUNCT
fbem-6010	179	11	5	5	NUM
fbem-6010	179	12	)	)	PUNCT
fbem-6010	179	13	,	,	PUNCT
fbem-6010	179	14	the	the	DET
fbem-6010	179	15	interaction	interaction	NOUN
fbem-6010	179	16	items	item	NOUN
fbem-6010	179	17	of	of	ADP
fbem-6010	179	18	innovation	innovation	NOUN
fbem-6010	179	19	investment	investment	NOUN
fbem-6010	179	20	and	and	CCONJ
fbem-6010	179	21	equity	equity	NOUN
fbem-6010	179	22	incentive	incentive	NOUN
fbem-6010	179	23	intensity	intensity	NOUN
fbem-6010	179	24	(	(	PUNCT
fbem-6010	179	25	rd1	rd1	NOUN
fbem-6010	179	26	ei	ei	NOUN
fbem-6010	179	27	1	1	NUM
fbem-6010	179	28	and	and	CCONJ
fbem-6010	179	29	rd2	rd2	PROPN
fbem-6010	179	30	ei	ei	PROPN
fbem-6010	179	31	1	1	NUM
fbem-6010	179	32	)	)	PUNCT
fbem-6010	179	33	are	be	AUX
fbem-6010	179	34	added	add	VERB
fbem-6010	179	35	respectively	respectively	ADV
fbem-6010	179	36	.	.	PUNCT
fbem-6010	180	1	the	the	DET
fbem-6010	180	2	specific	specific	ADJ
fbem-6010	180	3	results	result	NOUN
fbem-6010	180	4	are	be	AUX
fbem-6010	180	5	shown	show	VERB
fbem-6010	180	6	in	in	ADP
fbem-6010	180	7	table	table	NOUN
fbem-6010	180	8	8	8	NUM
fbem-6010	180	9	.	.	PUNCT
fbem-6010	181	1	as	as	SCONJ
fbem-6010	181	2	shown	show	VERB
fbem-6010	181	3	in	in	ADP
fbem-6010	181	4	table	table	NOUN
fbem-6010	181	5	8	8	NUM
fbem-6010	181	6	(	(	PUNCT
fbem-6010	181	7	3	3	NUM
fbem-6010	181	8	)	)	PUNCT
fbem-6010	181	9	,	,	PUNCT
fbem-6010	181	10	the	the	DET
fbem-6010	181	11	regression	regression	NOUN
fbem-6010	181	12	coefficient	coefficient	NOUN
fbem-6010	181	13	of	of	ADP
fbem-6010	181	14	interaction	interaction	NOUN
fbem-6010	181	15	term	term	NOUN
fbem-6010	181	16	between	between	ADP
fbem-6010	181	17	innovation	innovation	NOUN
fbem-6010	181	18	input	input	NOUN
fbem-6010	181	19	and	and	CCONJ
fbem-6010	181	20	equity	equity	NOUN
fbem-6010	181	21	incentive	incentive	NOUN
fbem-6010	181	22	intensity	intensity	NOUN
fbem-6010	181	23	(	(	PUNCT
fbem-6010	181	24	rd1	rd1	NOUN
fbem-6010	181	25	ei	ei	NOUN
fbem-6010	181	26	1	1	NUM
fbem-6010	181	27	)	)	PUNCT
fbem-6010	181	28	is	be	AUX
fbem-6010	181	29	0.033	0.033	NUM
fbem-6010	181	30	and	and	CCONJ
fbem-6010	181	31	is	be	AUX
fbem-6010	181	32	significant	significant	ADJ
fbem-6010	181	33	at	at	ADP
fbem-6010	181	34	1	1	NUM
fbem-6010	181	35	%	%	NOUN
fbem-6010	181	36	.	.	PUNCT
fbem-6010	182	1	as	as	SCONJ
fbem-6010	182	2	shown	show	VERB
fbem-6010	182	3	in	in	ADP
fbem-6010	182	4	table	table	NOUN
fbem-6010	182	5	8	8	NUM
fbem-6010	182	6	(	(	PUNCT
fbem-6010	182	7	6	6	NUM
fbem-6010	182	8	)	)	PUNCT
fbem-6010	182	9	,	,	PUNCT
fbem-6010	182	10	the	the	DET
fbem-6010	182	11	regression	regression	NOUN
fbem-6010	182	12	coefficient	coefficient	NOUN
fbem-6010	182	13	of	of	ADP
fbem-6010	182	14	innovation	innovation	NOUN
fbem-6010	182	15	input	input	NOUN
fbem-6010	182	16	and	and	CCONJ
fbem-6010	182	17	equity	equity	NOUN
fbem-6010	182	18	incentive	incentive	NOUN
fbem-6010	182	19	intensity	intensity	NOUN
fbem-6010	182	20	(	(	PUNCT
fbem-6010	182	21	rd2	rd2	PROPN
fbem-6010	182	22	ei	ei	PROPN
fbem-6010	182	23	1	1	NUM
fbem-6010	182	24	)	)	PUNCT
fbem-6010	182	25	is	be	AUX
fbem-6010	182	26	0.061	0.061	NUM
fbem-6010	182	27	and	and	CCONJ
fbem-6010	182	28	significant	significant	ADJ
fbem-6010	182	29	at	at	ADP
fbem-6010	182	30	1	1	NUM
fbem-6010	182	31	%	%	NOUN
fbem-6010	182	32	,	,	PUNCT
fbem-6010	182	33	indicating	indicate	VERB
fbem-6010	182	34	that	that	SCONJ
fbem-6010	182	35	equity	equity	NOUN
fbem-6010	182	36	incentive	incentive	NOUN
fbem-6010	182	37	intensity	intensity	NOUN
fbem-6010	182	38	will	will	AUX
fbem-6010	182	39	enhance	enhance	VERB
fbem-6010	182	40	the	the	DET
fbem-6010	182	41	positive	positive	ADJ
fbem-6010	182	42	correlation	correlation	NOUN
fbem-6010	182	43	between	between	ADP
fbem-6010	182	44	innovation	innovation	NOUN
fbem-6010	182	45	investment	investment	NOUN
fbem-6010	182	46	and	and	CCONJ
fbem-6010	182	47	star	star	PROPN
fbem-6010	182	48	board	board	PROPN
fbem-6010	182	49	value	value	NOUN
fbem-6010	182	50	.	.	PUNCT
fbem-6010	183	1	(	(	PUNCT
fbem-6010	183	2	4	4	X
fbem-6010	183	3	)	)	PUNCT
fbem-6010	183	4	adjustment	adjustment	NOUN
fbem-6010	183	5	of	of	ADP
fbem-6010	183	6	the	the	DET
fbem-6010	183	7	validity	validity	NOUN
fbem-6010	183	8	period	period	NOUN
fbem-6010	183	9	of	of	ADP
fbem-6010	183	10	equity	equity	NOUN
fbem-6010	183	11	incentive	incentive	NOUN
fbem-6010	183	12	.	.	PUNCT
fbem-6010	184	1	for	for	ADP
fbem-6010	184	2	hypothesis	hypothesis	NOUN
fbem-6010	184	3	(	(	PUNCT
fbem-6010	184	4	5	5	NUM
fbem-6010	184	5	)	)	PUNCT
fbem-6010	184	6	.	.	PUNCT
fbem-6010	185	1	on	on	ADP
fbem-6010	185	2	the	the	DET
fbem-6010	185	3	basis	basis	NOUN
fbem-6010	185	4	of	of	ADP
fbem-6010	185	5	columns	column	NOUN
fbem-6010	185	6	(	(	PUNCT
fbem-6010	185	7	2	2	NUM
fbem-6010	185	8	)	)	PUNCT
fbem-6010	185	9	and	and	CCONJ
fbem-6010	185	10	(	(	PUNCT
fbem-6010	185	11	5	5	NUM
fbem-6010	185	12	)	)	PUNCT
fbem-6010	185	13	,	,	PUNCT
fbem-6010	185	14	the	the	DET
fbem-6010	185	15	interaction	interaction	NOUN
fbem-6010	185	16	items	item	NOUN
fbem-6010	185	17	of	of	ADP
fbem-6010	185	18	innovation	innovation	NOUN
fbem-6010	185	19	investment	investment	NOUN
fbem-6010	185	20	and	and	CCONJ
fbem-6010	185	21	equity	equity	NOUN
fbem-6010	185	22	incentive	incentive	NOUN
fbem-6010	185	23	intensity	intensity	NOUN
fbem-6010	185	24	(	(	PUNCT
fbem-6010	185	25	rd1	rd1	NOUN
fbem-6010	185	26	ei	ei	NOUN
fbem-6010	185	27	2	2	NUM
fbem-6010	185	28	and	and	CCONJ
fbem-6010	185	29	rd2	rd2	PROPN
fbem-6010	185	30	ei	ei	PROPN
fbem-6010	185	31	2	2	NUM
fbem-6010	185	32	)	)	PUNCT
fbem-6010	185	33	are	be	AUX
fbem-6010	185	34	added	add	VERB
fbem-6010	185	35	respectively	respectively	ADV
fbem-6010	185	36	.	.	PUNCT
fbem-6010	186	1	the	the	DET
fbem-6010	186	2	specific	specific	ADJ
fbem-6010	186	3	results	result	NOUN
fbem-6010	186	4	are	be	AUX
fbem-6010	186	5	shown	show	VERB
fbem-6010	186	6	in	in	ADP
fbem-6010	186	7	table	table	NOUN
fbem-6010	186	8	8	8	NUM
fbem-6010	186	9	.	.	PUNCT
fbem-6010	187	1	as	as	SCONJ
fbem-6010	187	2	shown	show	VERB
fbem-6010	187	3	in	in	ADP
fbem-6010	187	4	table	table	NOUN
fbem-6010	187	5	8	8	NUM
fbem-6010	187	6	(	(	PUNCT
fbem-6010	187	7	4	4	NUM
fbem-6010	187	8	)	)	PUNCT
fbem-6010	187	9	,	,	PUNCT
fbem-6010	187	10	the	the	DET
fbem-6010	187	11	regression	regression	NOUN
fbem-6010	187	12	coefficient	coefficient	NOUN
fbem-6010	187	13	of	of	ADP
fbem-6010	187	14	interaction	interaction	NOUN
fbem-6010	187	15	term	term	NOUN
fbem-6010	187	16	between	between	ADP
fbem-6010	187	17	innovation	innovation	NOUN
fbem-6010	187	18	investment	investment	NOUN
fbem-6010	187	19	and	and	CCONJ
fbem-6010	187	20	equity	equity	NOUN
fbem-6010	187	21	incentive	incentive	NOUN
fbem-6010	187	22	intensity	intensity	NOUN
fbem-6010	187	23	(	(	PUNCT
fbem-6010	187	24	rd1	rd1	NOUN
fbem-6010	187	25	ei	ei	X
fbem-6010	187	26	2	2	NUM
fbem-6010	187	27	)	)	PUNCT
fbem-6010	187	28	is	be	AUX
fbem-6010	187	29	0.017	0.017	NUM
fbem-6010	187	30	,	,	PUNCT
fbem-6010	187	31	and	and	CCONJ
fbem-6010	187	32	significant	significant	ADJ
fbem-6010	187	33	at	at	ADP
fbem-6010	187	34	5	5	NUM
fbem-6010	187	35	%	%	NOUN
fbem-6010	187	36	.	.	PUNCT
fbem-6010	188	1	as	as	SCONJ
fbem-6010	188	2	shown	show	VERB
fbem-6010	188	3	in	in	ADP
fbem-6010	188	4	table	table	NOUN
fbem-6010	188	5	8	8	NUM
fbem-6010	188	6	(	(	PUNCT
fbem-6010	188	7	5	5	NUM
fbem-6010	188	8	)	)	PUNCT
fbem-6010	188	9	,	,	PUNCT
fbem-6010	188	10	the	the	DET
fbem-6010	188	11	regression	regression	NOUN
fbem-6010	188	12	coefficient	coefficient	NOUN
fbem-6010	188	13	of	of	ADP
fbem-6010	188	14	innovation	innovation	NOUN
fbem-6010	188	15	investment	investment	NOUN
fbem-6010	188	16	and	and	CCONJ
fbem-6010	188	17	equity	equity	NOUN
fbem-6010	188	18	incentive	incentive	NOUN
fbem-6010	188	19	intensity	intensity	NOUN
fbem-6010	188	20	(	(	PUNCT
fbem-6010	188	21	rd2	rd2	PROPN
fbem-6010	188	22	ei	ei	NOUN
fbem-6010	188	23	2	2	NUM
fbem-6010	188	24	)	)	PUNCT
fbem-6010	188	25	is	be	AUX
fbem-6010	188	26	0.017	0.017	NUM
fbem-6010	188	27	,	,	PUNCT
fbem-6010	188	28	which	which	PRON
fbem-6010	188	29	is	be	AUX
fbem-6010	188	30	significant	significant	ADJ
fbem-6010	188	31	at	at	ADP
fbem-6010	188	32	5	5	NUM
fbem-6010	188	33	%	%	NOUN
fbem-6010	188	34	,	,	PUNCT
fbem-6010	188	35	indicating	indicate	VERB
fbem-6010	188	36	that	that	SCONJ
fbem-6010	188	37	the	the	DET
fbem-6010	188	38	validity	validity	NOUN
fbem-6010	188	39	period	period	NOUN
fbem-6010	188	40	of	of	ADP
fbem-6010	188	41	equity	equity	NOUN
fbem-6010	188	42	incentive	incentive	NOUN
fbem-6010	188	43	will	will	AUX
fbem-6010	188	44	enhance	enhance	VERB
fbem-6010	188	45	the	the	DET
fbem-6010	188	46	positive	positive	ADJ
fbem-6010	188	47	correlation	correlation	NOUN
fbem-6010	188	48	between	between	ADP
fbem-6010	188	49	innovation	innovation	NOUN
fbem-6010	188	50	investment	investment	NOUN
fbem-6010	188	51	and	and	CCONJ
fbem-6010	188	52	the	the	DET
fbem-6010	188	53	value	value	NOUN
fbem-6010	188	54	of	of	ADP
fbem-6010	188	55	star	star	PROPN
fbem-6010	188	56	board	board	PROPN
fbem-6010	188	57	enterprises	enterprise	NOUN
fbem-6010	188	58	.	.	PUNCT
fbem-6010	189	1	table	table	NOUN
fbem-6010	189	2	8	8	NUM
fbem-6010	189	3	.	.	PUNCT
fbem-6010	190	1	the	the	DET
fbem-6010	190	2	regression	regression	NOUN
fbem-6010	190	3	results	result	VERB
fbem-6010	190	4	variable	variable	NOUN
fbem-6010	190	5	s	s	PART
fbem-6010	190	6	cv	cv	PROPN
fbem-6010	190	7	(	(	PUNCT
fbem-6010	190	8	1	1	NUM
fbem-6010	190	9	)	)	PUNCT
fbem-6010	190	10	(	(	PUNCT
fbem-6010	190	11	2	2	NUM
fbem-6010	190	12	)	)	PUNCT
fbem-6010	190	13	(	(	PUNCT
fbem-6010	190	14	3	3	X
fbem-6010	190	15	)	)	PUNCT
fbem-6010	190	16	(	(	PUNCT
fbem-6010	190	17	4	4	NUM
fbem-6010	190	18	)	)	PUNCT
fbem-6010	190	19	(	(	PUNCT
fbem-6010	190	20	5	5	NUM
fbem-6010	190	21	)	)	PUNCT
fbem-6010	190	22	(	(	PUNCT
fbem-6010	190	23	6	6	NUM
fbem-6010	190	24	)	)	PUNCT
fbem-6010	190	25	(	(	PUNCT
fbem-6010	190	26	7	7	X
fbem-6010	190	27	)	)	PUNCT
fbem-6010	190	28	rd1	rd1	NOUN
fbem-6010	190	29	0.609**(3.71	0.609**(3.71	NOUN
fbem-6010	190	30	)	)	PUNCT
fbem-6010	190	31	0.623	0.623	NUM
fbem-6010	190	32	*	*	PUNCT
fbem-6010	190	33	*	*	PUNCT
fbem-6010	190	34	(	(	PUNCT
fbem-6010	190	35	3.42	3.42	NUM
fbem-6010	190	36	)	)	PUNCT
fbem-6010	190	37	rd2	rd2	NOUN
fbem-6010	190	38	0.552	0.552	PRON
fbem-6010	190	39	*	*	PUNCT
fbem-6010	190	40	*	*	PUNCT
fbem-6010	190	41	*	*	PUNCT
fbem-6010	190	42	(	(	PUNCT
fbem-6010	190	43	4.38	4.38	NUM
fbem-6010	190	44	)	)	PUNCT
fbem-6010	190	45	0.676	0.676	NUM
fbem-6010	190	46	*	*	PUNCT
fbem-6010	191	1	*	*	PUNCT
fbem-6010	191	2	(	(	PUNCT
fbem-6010	191	3	3.09	3.09	NUM
fbem-6010	191	4	)	)	PUNCT
fbem-6010	191	5	ei1×rd1	ei1×rd1	VERB
fbem-6010	191	6	0.033	0.033	NUM
fbem-6010	191	7	*	*	PUNCT
fbem-6010	191	8	*	*	PUNCT
fbem-6010	191	9	*	*	PUNCT
fbem-6010	191	10	(	(	PUNCT
fbem-6010	191	11	2.68	2.68	NUM
fbem-6010	191	12	)	)	PUNCT
fbem-6010	191	13	ei2×rd1	ei2×rd1	NOUN
fbem-6010	192	1	0.017	0.017	NUM
fbem-6010	192	2	*	*	PUNCT
fbem-6010	192	3	*	*	PUNCT
fbem-6010	192	4	(	(	PUNCT
fbem-6010	192	5	2.09	2.09	NUM
fbem-6010	192	6	)	)	PUNCT
fbem-6010	192	7	ei1×rd2	ei1×rd2	PROPN
fbem-6010	192	8	0.061***(6.18	0.061***(6.18	NUM
fbem-6010	192	9	)	)	PUNCT
fbem-6010	192	10	ei2×rd2	ei2×rd2	ADJ
fbem-6010	192	11	0.017	0.017	NUM
fbem-6010	192	12	*	*	PUNCT
fbem-6010	192	13	*	*	PUNCT
fbem-6010	192	14	(	(	PUNCT
fbem-6010	192	15	2.09	2.09	NUM
fbem-6010	192	16	)	)	PUNCT
fbem-6010	192	17	ei1	ei1	NOUN
fbem-6010	193	1	0.051	0.051	NUM
fbem-6010	193	2	*	*	PUNCT
fbem-6010	193	3	(	(	PUNCT
fbem-6010	193	4	0.056	0.056	NUM
fbem-6010	193	5	)	)	PUNCT
fbem-6010	193	6	0.053	0.053	NUM
fbem-6010	193	7	*	*	PUNCT
fbem-6010	193	8	(	(	PUNCT
fbem-6010	193	9	0.051	0.051	NUM
fbem-6010	193	10	)	)	PUNCT
fbem-6010	193	11	0.050	0.050	NUM
fbem-6010	193	12	*	*	PUNCT
fbem-6010	193	13	(	(	PUNCT
fbem-6010	193	14	0.052	0.052	NUM
fbem-6010	193	15	)	)	PUNCT
fbem-6010	193	16	0.048	0.048	NUM
fbem-6010	193	17	*	*	PUNCT
fbem-6010	193	18	(	(	PUNCT
fbem-6010	193	19	0.057	0.057	NUM
fbem-6010	193	20	)	)	PUNCT
fbem-6010	193	21	0.051	0.051	NUM
fbem-6010	193	22	*	*	PUNCT
fbem-6010	193	23	(	(	PUNCT
fbem-6010	193	24	0.056	0.056	NUM
fbem-6010	193	25	)	)	PUNCT
fbem-6010	193	26	0.054	0.054	NUM
fbem-6010	193	27	*	*	PUNCT
fbem-6010	193	28	(	(	PUNCT
fbem-6010	193	29	0.056	0.056	NUM
fbem-6010	193	30	)	)	PUNCT
fbem-6010	193	31	0.056	0.056	NUM
fbem-6010	193	32	*	*	PUNCT
fbem-6010	193	33	(	(	PUNCT
fbem-6010	193	34	0.060	0.060	NUM
fbem-6010	193	35	)	)	PUNCT
fbem-6010	193	36	ei2	ei2	VERB
fbem-6010	193	37	0.021	0.021	NUM
fbem-6010	193	38	*	*	PUNCT
fbem-6010	193	39	(	(	PUNCT
fbem-6010	193	40	0.472	0.472	NUM
fbem-6010	193	41	)	)	PUNCT
fbem-6010	193	42	0.022	0.022	NUM
fbem-6010	193	43	*	*	PUNCT
fbem-6010	193	44	(	(	PUNCT
fbem-6010	193	45	0.501	0.501	NUM
fbem-6010	193	46	)	)	PUNCT
fbem-6010	193	47	0.013	0.013	NUM
fbem-6010	193	48	*	*	SYM
fbem-6010	193	49	(	(	PUNCT
fbem-6010	193	50	0.512	0.512	NUM
fbem-6010	193	51	)	)	PUNCT
fbem-6010	193	52	0.014	0.014	NUM
fbem-6010	193	53	*	*	PUNCT
fbem-6010	193	54	(	(	PUNCT
fbem-6010	193	55	0.508	0.508	NUM
fbem-6010	193	56	)	)	PUNCT
fbem-6010	193	57	0.018	0.018	NUM
fbem-6010	193	58	*	*	PUNCT
fbem-6010	193	59	(	(	PUNCT
fbem-6010	193	60	0.501	0.501	NUM
fbem-6010	193	61	)	)	PUNCT
fbem-6010	193	62	0.021	0.021	NUM
fbem-6010	193	63	*	*	PUNCT
fbem-6010	193	64	(	(	PUNCT
fbem-6010	193	65	0.478	0.478	NUM
fbem-6010	193	66	)	)	PUNCT
fbem-6010	193	67	0.023	0.023	NUM
fbem-6010	193	68	*	*	SYM
fbem-6010	193	69	(	(	PUNCT
fbem-6010	193	70	0.511	0.511	NUM
fbem-6010	193	71	)	)	PUNCT
fbem-6010	193	72	lev	lev	NOUN
fbem-6010	193	73	-0.003	-0.003	PROPN
fbem-6010	193	74	*	*	PUNCT
fbem-6010	193	75	*	*	PUNCT
fbem-6010	193	76	(	(	PUNCT
fbem-6010	193	77	-1.30	-1.30	NUM
fbem-6010	193	78	)	)	PUNCT
fbem-6010	193	79	-0.002***(1.60	-0.002***(1.60	PROPN
fbem-6010	193	80	)	)	PUNCT
fbem-6010	194	1	-0.002***(1.71	-0.002***(1.71	PROPN
fbem-6010	194	2	)	)	PUNCT
fbem-6010	194	3	-0.002***(1.70	-0.002***(1.70	NUM
fbem-6010	194	4	)	)	PUNCT
fbem-6010	194	5	-0.001***(1.67	-0.001***(1.67	PROPN
fbem-6010	194	6	)	)	PUNCT
fbem-6010	194	7	-0.001***(1.65	-0.001***(1.65	PROPN
fbem-6010	194	8	)	)	PUNCT
fbem-6010	194	9	-0.001***(1.66	-0.001***(1.66	PUNCT
fbem-6010	194	10	)	)	PUNCT
fbem-6010	194	11	csize	csize	VERB
fbem-6010	194	12	0.162	0.162	NUM
fbem-6010	194	13	*	*	PUNCT
fbem-6010	194	14	*	*	PUNCT
fbem-6010	194	15	(	(	PUNCT
fbem-6010	194	16	0.066	0.066	NUM
fbem-6010	194	17	)	)	PUNCT
fbem-6010	194	18	-0.005	-0.005	PUNCT
fbem-6010	195	1	*	*	PUNCT
fbem-6010	195	2	*	*	PUNCT
fbem-6010	195	3	*	*	PUNCT
fbem-6010	195	4	(	(	PUNCT
fbem-6010	195	5	-5.331	-5.331	NUM
fbem-6010	195	6	)	)	PUNCT
fbem-6010	195	7	-0.004	-0.004	PUNCT
fbem-6010	196	1	*	*	PUNCT
fbem-6010	196	2	*	*	PUNCT
fbem-6010	196	3	(	(	PUNCT
fbem-6010	196	4	-4.911	-4.911	INTJ
fbem-6010	196	5	)	)	PUNCT
fbem-6010	196	6	-0.004	-0.004	PUNCT
fbem-6010	196	7	*	*	PUNCT
fbem-6010	196	8	*	*	PUNCT
fbem-6010	196	9	(	(	PUNCT
fbem-6010	196	10	-4.922	-4.922	PROPN
fbem-6010	196	11	)	)	PUNCT
fbem-6010	196	12	-0.003	-0.003	NOUN
fbem-6010	196	13	*	*	PUNCT
fbem-6010	196	14	*	*	PUNCT
fbem-6010	196	15	*	*	PUNCT
fbem-6010	196	16	(	(	PUNCT
fbem-6010	196	17	-4.789	-4.789	ADV
fbem-6010	196	18	)	)	PUNCT
fbem-6010	196	19	-0.005	-0.005	PUNCT
fbem-6010	197	1	*	*	PUNCT
fbem-6010	197	2	*	*	PUNCT
fbem-6010	197	3	*	*	PUNCT
fbem-6010	197	4	(	(	PUNCT
fbem-6010	197	5	-5.389	-5.389	NOUN
fbem-6010	197	6	)	)	PUNCT
fbem-6010	197	7	-0.004	-0.004	PUNCT
fbem-6010	197	8	*	*	PUNCT
fbem-6010	197	9	*	*	PUNCT
fbem-6010	197	10	*	*	PUNCT
fbem-6010	197	11	(	(	PUNCT
fbem-6010	197	12	-5.378	-5.378	NOUN
fbem-6010	197	13	)	)	PUNCT
fbem-6010	197	14	growth	growth	NOUN
fbem-6010	197	15	0.184	0.184	NUM
fbem-6010	197	16	*	*	PUNCT
fbem-6010	197	17	*	*	PUNCT
fbem-6010	197	18	*	*	PUNCT
fbem-6010	197	19	(	(	PUNCT
fbem-6010	197	20	0.016	0.016	NUM
fbem-6010	197	21	)	)	PUNCT
fbem-6010	197	22	0.002	0.002	NUM
fbem-6010	198	1	*	*	PUNCT
fbem-6010	198	2	*	*	PUNCT
fbem-6010	198	3	(	(	PUNCT
fbem-6010	198	4	2.2	2.2	NUM
fbem-6010	198	5	)	)	PUNCT
fbem-6010	198	6	0.001	0.001	NUM
fbem-6010	198	7	*	*	NOUN
fbem-6010	198	8	*	*	PUNCT
fbem-6010	198	9	(	(	PUNCT
fbem-6010	198	10	2.078	2.078	NUM
fbem-6010	198	11	)	)	PUNCT
fbem-6010	198	12	0.001	0.001	NUM
fbem-6010	198	13	*	*	PUNCT
fbem-6010	198	14	*	*	PUNCT
fbem-6010	198	15	(	(	PUNCT
fbem-6010	198	16	2.066	2.066	NUM
fbem-6010	198	17	)	)	PUNCT
fbem-6010	198	18	0.002	0.002	NUM
fbem-6010	198	19	*	*	PUNCT
fbem-6010	198	20	*	*	PUNCT
fbem-6010	198	21	(	(	PUNCT
fbem-6010	198	22	2.199	2.199	NUM
fbem-6010	198	23	)	)	PUNCT
fbem-6010	198	24	0.002	0.002	NUM
fbem-6010	198	25	*	*	PUNCT
fbem-6010	198	26	*	*	PUNCT
fbem-6010	198	27	(	(	PUNCT
fbem-6010	198	28	2.168	2.168	NUM
fbem-6010	198	29	)	)	PUNCT
fbem-6010	198	30	0.002	0.002	NUM
fbem-6010	198	31	*	*	PUNCT
fbem-6010	198	32	*	*	PUNCT
fbem-6010	198	33	(	(	PUNCT
fbem-6010	198	34	2.169	2.169	NUM
fbem-6010	198	35	)	)	PUNCT
fbem-6010	198	36	f1	f1	NOUN
fbem-6010	198	37	0.501	0.501	NUM
fbem-6010	198	38	*	*	PUNCT
fbem-6010	198	39	(	(	PUNCT
fbem-6010	198	40	3.03	3.03	NUM
fbem-6010	198	41	)	)	PUNCT
fbem-6010	198	42	0.709***(3.53	0.709***(3.53	NOUN
fbem-6010	198	43	)	)	PUNCT
fbem-6010	198	44	0.612	0.612	NUM
fbem-6010	198	45	*	*	SYM
fbem-6010	198	46	*	*	PUNCT
fbem-6010	198	47	(	(	PUNCT
fbem-6010	198	48	3.01	3.01	NUM
fbem-6010	198	49	)	)	PUNCT
fbem-6010	198	50	0.687	0.687	NUM
fbem-6010	198	51	*	*	PUNCT
fbem-6010	198	52	*	*	PUNCT
fbem-6010	198	53	(	(	PUNCT
fbem-6010	198	54	3.23	3.23	NUM
fbem-6010	198	55	)	)	PUNCT
fbem-6010	198	56	0.694	0.694	NUM
fbem-6010	198	57	*	*	SYM
fbem-6010	198	58	*	*	PUNCT
fbem-6010	198	59	(	(	PUNCT
fbem-6010	198	60	3.02	3.02	NUM
fbem-6010	198	61	)	)	PUNCT
fbem-6010	198	62	0.634	0.634	NUM
fbem-6010	199	1	*	*	PUNCT
fbem-6010	199	2	*	*	PUNCT
fbem-6010	199	3	*	*	PUNCT
fbem-6010	199	4	(	(	PUNCT
fbem-6010	199	5	3.22	3.22	NUM
fbem-6010	199	6	)	)	PUNCT
fbem-6010	199	7	0.633	0.633	NUM
fbem-6010	199	8	*	*	PUNCT
fbem-6010	199	9	*	*	PUNCT
fbem-6010	199	10	*	*	PUNCT
fbem-6010	199	11	(	(	PUNCT
fbem-6010	199	12	3.21	3.21	NUM
fbem-6010	199	13	)	)	PUNCT
fbem-6010	199	14	industry	industry	NOUN
fbem-6010	200	1	yes	yes	INTJ
fbem-6010	201	1	yes	yes	INTJ
fbem-6010	202	1	yes	yes	INTJ
fbem-6010	203	1	yes	yes	INTJ
fbem-6010	204	1	yes	yes	INTJ
fbem-6010	205	1	yes	yes	INTJ
fbem-6010	206	1	yes	yes	INTJ
fbem-6010	206	2	year	year	NOUN
fbem-6010	207	1	yes	yes	INTJ
fbem-6010	208	1	yes	yes	INTJ
fbem-6010	209	1	yes	yes	INTJ
fbem-6010	210	1	yes	yes	INTJ
fbem-6010	211	1	yes	yes	INTJ
fbem-6010	212	1	yes	yes	INTJ
fbem-6010	212	2	yes	yes	INTJ
fbem-6010	212	3	obs	obs	PROPN
fbem-6010	212	4	ervations	ervation	NOUN
fbem-6010	212	5	494	494	NUM
fbem-6010	212	6	494	494	NUM
fbem-6010	212	7	494	494	NUM
fbem-6010	212	8	494	494	NUM
fbem-6010	212	9	494	494	NUM
fbem-6010	212	10	494	494	NUM
fbem-6010	212	11	494	494	NUM
fbem-6010	212	12	r	r	NOUN
fbem-6010	212	13	-squared	-squared	ADJ
fbem-6010	212	14	0	0	NUM
fbem-6010	212	15	.	.	PUNCT
fbem-6010	213	1	188	188	NUM
fbem-6010	213	2	0	0	NUM
fbem-6010	213	3	.	.	NOUN
fbem-6010	213	4	198	198	NUM
fbem-6010	213	5	0	0	NUM
fbem-6010	213	6	.	.	PUNCT
fbem-6010	214	1	189	189	NUM
fbem-6010	214	2	0	0	NUM
fbem-6010	214	3	.	.	PUNCT
fbem-6010	215	1	189	189	NUM
fbem-6010	215	2	0	0	NUM
fbem-6010	215	3	.	.	PUNCT
fbem-6010	216	1	191	191	NUM
fbem-6010	216	2	0	0	NUM
fbem-6010	216	3	.	.	PUNCT
fbem-6010	217	1	191	191	NUM
fbem-6010	217	2	0	0	NUM
fbem-6010	217	3	.	.	X
fbem-6010	218	1	190	190	NUM
fbem-6010	218	2	f	f	PROPN
fbem-6010	218	3	3.017	3.017	NUM
fbem-6010	218	4	3.017	3.017	NUM
fbem-6010	218	5	3.017	3.017	NUM
fbem-6010	218	6	3.017	3.017	NUM
fbem-6010	218	7	3.017	3.017	NUM
fbem-6010	218	8	3.017	3.017	NUM
fbem-6010	218	9	3.017	3.017	NUM
fbem-6010	218	10	5	5	NUM
fbem-6010	218	11	.	.	PUNCT
fbem-6010	219	1	summary	summary	NOUN
fbem-6010	219	2	this	this	DET
fbem-6010	219	3	paper	paper	NOUN
fbem-6010	219	4	takes	take	VERB
fbem-6010	219	5	501	501	NUM
fbem-6010	219	6	listed	list	VERB
fbem-6010	219	7	enterprises	enterprise	NOUN
fbem-6010	219	8	on	on	ADP
fbem-6010	219	9	the	the	DET
fbem-6010	219	10	star	star	NOUN
fbem-6010	219	11	market	market	NOUN
fbem-6010	219	12	as	as	ADP
fbem-6010	219	13	the	the	DET
fbem-6010	219	14	research	research	NOUN
fbem-6010	219	15	object	object	NOUN
fbem-6010	219	16	,	,	PUNCT
fbem-6010	219	17	and	and	CCONJ
fbem-6010	219	18	studies	study	VERB
fbem-6010	219	19	the	the	DET
fbem-6010	219	20	impact	impact	NOUN
fbem-6010	219	21	of	of	ADP
fbem-6010	219	22	innovation	innovation	NOUN
fbem-6010	219	23	investment	investment	NOUN
fbem-6010	219	24	on	on	ADP
fbem-6010	219	25	enterprise	enterprise	NOUN
fbem-6010	219	26	value	value	NOUN
fbem-6010	219	27	,	,	PUNCT
fbem-6010	219	28	the	the	DET
fbem-6010	219	29	lagging	lagging	ADJ
fbem-6010	219	30	effect	effect	NOUN
fbem-6010	219	31	of	of	ADP
fbem-6010	219	32	innovation	innovation	NOUN
fbem-6010	219	33	investment	investment	NOUN
fbem-6010	219	34	and	and	CCONJ
fbem-6010	219	35	the	the	DET
fbem-6010	219	36	effect	effect	NOUN
fbem-6010	219	37	of	of	ADP
fbem-6010	219	38	innovation	innovation	NOUN
fbem-6010	219	39	incentive	incentive	NOUN
fbem-6010	219	40	through	through	ADP
fbem-6010	219	41	the	the	DET
fbem-6010	219	42	empirical	empirical	ADJ
fbem-6010	219	43	methods	method	NOUN
fbem-6010	219	44	of	of	ADP
fbem-6010	219	45	descriptive	descriptive	ADJ
fbem-6010	219	46	statistics	statistic	NOUN
fbem-6010	219	47	,	,	PUNCT
fbem-6010	219	48	correlation	correlation	NOUN
fbem-6010	219	49	analysis	analysis	NOUN
fbem-6010	219	50	and	and	CCONJ
fbem-6010	219	51	regression	regression	VERB
fbem-6010	219	52	analysis	analysis	NOUN
fbem-6010	219	53	.	.	PUNCT
fbem-6010	220	1	finally	finally	ADV
fbem-6010	220	2	,	,	PUNCT
fbem-6010	220	3	the	the	DET
fbem-6010	220	4	following	follow	VERB
fbem-6010	220	5	research	research	NOUN
fbem-6010	220	6	conclusions	conclusion	NOUN
fbem-6010	220	7	are	be	AUX
fbem-6010	220	8	obtained	obtain	VERB
fbem-6010	220	9	:	:	PUNCT
fbem-6010	220	10	first	first	ADV
fbem-6010	220	11	,	,	PUNCT
fbem-6010	220	12	innovation	innovation	NOUN
fbem-6010	220	13	investment	investment	NOUN
fbem-6010	220	14	has	have	VERB
fbem-6010	220	15	a	a	DET
fbem-6010	220	16	significant	significant	ADJ
fbem-6010	220	17	positive	positive	ADJ
fbem-6010	220	18	impact	impact	NOUN
fbem-6010	220	19	on	on	ADP
fbem-6010	220	20	the	the	DET
fbem-6010	220	21	enterprise	enterprise	NOUN
fbem-6010	220	22	value	value	NOUN
fbem-6010	220	23	of	of	ADP
fbem-6010	220	24	the	the	DET
fbem-6010	220	25	science	science	NOUN
fbem-6010	220	26	and	and	CCONJ
fbem-6010	220	27	technology	technology	NOUN
fbem-6010	220	28	innovation	innovation	NOUN
fbem-6010	220	29	board	board	PROPN
fbem-6010	220	30	.	.	PUNCT
fbem-6010	221	1	through	through	ADP
fbem-6010	221	2	star	star	NOUN
fbem-6010	221	3	market	market	NOUN
fbem-6010	221	4	enterprise	enterprise	NOUN
fbem-6010	221	5	r&d	r&d	NOUN
fbem-6010	221	6	investment	investment	NOUN
fbem-6010	221	7	strength	strength	NOUN
fbem-6010	221	8	,	,	PUNCT
fbem-6010	221	9	r	r	PROPN
fbem-6010	221	10	&	&	CCONJ
fbem-6010	221	11	d	d	NOUN
fbem-6010	221	12	investment	investment	NOUN
fbem-6010	221	13	strength	strength	NOUN
fbem-6010	221	14	correlation	correlation	NOUN
fbem-6010	221	15	with	with	ADP
fbem-6010	221	16	enterprise	enterprise	NOUN
fbem-6010	221	17	value	value	NOUN
fbem-6010	221	18	regression	regression	NOUN
fbem-6010	221	19	analysis	analysis	NOUN
fbem-6010	221	20	,	,	PUNCT
fbem-6010	221	21	regression	regression	NOUN
fbem-6010	221	22	results	result	NOUN
fbem-6010	221	23	support	support	VERB
fbem-6010	221	24	hypothesis	hypothesis	NOUN
fbem-6010	221	25	h1	h1	NOUN
fbem-6010	221	26	,	,	PUNCT
fbem-6010	221	27	and	and	CCONJ
fbem-6010	221	28	the	the	DET
fbem-6010	221	29	results	result	NOUN
fbem-6010	221	30	on	on	ADP
fbem-6010	221	31	the	the	DET
fbem-6010	221	32	level	level	NOUN
fbem-6010	221	33	of	of	ADP
fbem-6010	221	34	1	1	NUM
fbem-6010	221	35	%	%	NOUN
fbem-6010	221	36	,	,	PUNCT
fbem-6010	221	37	namely	namely	ADV
fbem-6010	221	38	the	the	DET
fbem-6010	221	39	enterprise	enterprise	NOUN
fbem-6010	221	40	increase	increase	NOUN
fbem-6010	221	41	investment	investment	NOUN
fbem-6010	221	42	intensity	intensity	NOUN
fbem-6010	221	43	of	of	ADP
fbem-6010	221	44	research	research	NOUN
fbem-6010	221	45	and	and	CCONJ
fbem-6010	221	46	development	development	NOUN
fbem-6010	221	47	activities	activity	NOUN
fbem-6010	221	48	,	,	PUNCT
fbem-6010	221	49	can	can	AUX
fbem-6010	221	50	better	well	ADV
fbem-6010	221	51	development	development	VERB
fbem-6010	221	52	industry	industry	NOUN
fbem-6010	221	53	leading	lead	VERB
fbem-6010	221	54	production	production	NOUN
fbem-6010	221	55	process	process	NOUN
fbem-6010	221	56	,	,	PUNCT
fbem-6010	221	57	production	production	NOUN
fbem-6010	221	58	technology	technology	NOUN
fbem-6010	221	59	,	,	PUNCT
fbem-6010	221	60	make	make	VERB
fbem-6010	221	61	the	the	DET
fbem-6010	221	62	enterprise	enterprise	NOUN
fbem-6010	221	63	has	have	VERB
fbem-6010	221	64	a	a	DET
fbem-6010	221	65	certain	certain	ADJ
fbem-6010	221	66	competitive	competitive	ADJ
fbem-6010	221	67	advantage	advantage	NOUN
fbem-6010	221	68	,	,	PUNCT
fbem-6010	221	69	can	can	AUX
fbem-6010	221	70	better	better	VERB
fbem-6010	221	71	advantage	advantage	VERB
fbem-6010	221	72	in	in	ADP
fbem-6010	221	73	the	the	DET
fbem-6010	221	74	fierce	fierce	ADJ
fbem-6010	221	75	market	market	NOUN
fbem-6010	221	76	competition	competition	NOUN
fbem-6010	221	77	,	,	PUNCT
fbem-6010	221	78	and	and	CCONJ
fbem-6010	221	79	promote	promote	VERB
fbem-6010	221	80	the	the	DET
fbem-6010	221	81	promotion	promotion	NOUN
fbem-6010	221	82	of	of	ADP
fbem-6010	221	83	enterprise	enterprise	NOUN
fbem-6010	221	84	value	value	NOUN
fbem-6010	221	85	.	.	PUNCT
fbem-6010	222	1	second	second	ADJ
fbem-6010	222	2	,	,	PUNCT
fbem-6010	222	3	the	the	DET
fbem-6010	222	4	intensity	intensity	NOUN
fbem-6010	222	5	of	of	ADP
fbem-6010	222	6	equity	equity	NOUN
fbem-6010	222	7	incentive	incentive	NOUN
fbem-6010	222	8	will	will	AUX
fbem-6010	222	9	significantly	significantly	ADV
fbem-6010	222	10	enhance	enhance	VERB
fbem-6010	222	11	the	the	DET
fbem-6010	222	12	positive	positive	ADJ
fbem-6010	222	13	correlation	correlation	NOUN
fbem-6010	222	14	between	between	ADP
fbem-6010	222	15	innovation	innovation	NOUN
fbem-6010	222	16	investment	investment	NOUN
fbem-6010	222	17	and	and	CCONJ
fbem-6010	222	18	the	the	DET
fbem-6010	222	19	enterprise	enterprise	NOUN
fbem-6010	222	20	value	value	NOUN
fbem-6010	222	21	of	of	ADP
fbem-6010	222	22	listed	list	VERB
fbem-6010	222	23	enterprises	enterprise	NOUN
fbem-6010	222	24	on	on	ADP
fbem-6010	222	25	the	the	DET
fbem-6010	222	26	science	science	NOUN
fbem-6010	222	27	and	and	CCONJ
fbem-6010	222	28	technology	technology	NOUN
fbem-6010	222	29	innovation	innovation	NOUN
fbem-6010	222	30	board	board	NOUN
fbem-6010	222	31	.	.	PUNCT
fbem-6010	223	1	it	it	PRON
fbem-6010	223	2	shows	show	VERB
fbem-6010	223	3	that	that	SCONJ
fbem-6010	223	4	the	the	DET
fbem-6010	223	5	intensity	intensity	NOUN
fbem-6010	223	6	of	of	ADP
fbem-6010	223	7	equity	equity	NOUN
fbem-6010	223	8	incentive	incentive	NOUN
fbem-6010	223	9	will	will	AUX
fbem-6010	223	10	enhance	enhance	VERB
fbem-6010	223	11	the	the	DET
fbem-6010	223	12	relationship	relationship	NOUN
fbem-6010	223	13	between	between	ADP
fbem-6010	223	14	the	the	DET
fbem-6010	223	15	interests	interest	NOUN
fbem-6010	223	16	of	of	ADP
fbem-6010	223	17	senior	senior	ADJ
fbem-6010	223	18	executives	executive	NOUN
fbem-6010	223	19	and	and	CCONJ
fbem-6010	223	20	the	the	DET
fbem-6010	223	21	stock	stock	NOUN
fbem-6010	223	22	price	price	NOUN
fbem-6010	223	23	.	.	PUNCT
fbem-6010	224	1	this	this	PRON
fbem-6010	224	2	will	will	AUX
fbem-6010	224	3	lead	lead	VERB
fbem-6010	224	4	to	to	ADP
fbem-6010	224	5	the	the	DET
fbem-6010	224	6	convergence	convergence	NOUN
fbem-6010	224	7	of	of	ADP
fbem-6010	224	8	benefits	benefit	NOUN
fbem-6010	224	9	,	,	PUNCT
fbem-6010	224	10	and	and	CCONJ
fbem-6010	224	11	executives	executive	NOUN
fbem-6010	224	12	will	will	AUX
fbem-6010	224	13	pay	pay	VERB
fbem-6010	224	14	more	more	ADJ
fbem-6010	224	15	attention	attention	NOUN
fbem-6010	224	16	to	to	ADP
fbem-6010	224	17	the	the	DET
fbem-6010	224	18	impact	impact	NOUN
fbem-6010	224	19	of	of	ADP
fbem-6010	224	20	innovation	innovation	NOUN
fbem-6010	224	21	investment	investment	NOUN
fbem-6010	224	22	on	on	ADP
fbem-6010	224	23	enterprise	enterprise	NOUN
fbem-6010	224	24	value	value	NOUN
fbem-6010	224	25	for	for	ADP
fbem-6010	224	26	their	their	PRON
fbem-6010	224	27	own	own	ADJ
fbem-6010	224	28	interests	interest	NOUN
fbem-6010	224	29	.	.	PUNCT
fbem-6010	225	1	third	third	ADV
fbem-6010	225	2	,	,	PUNCT
fbem-6010	225	3	the	the	DET
fbem-6010	225	4	validity	validity	NOUN
fbem-6010	225	5	period	period	NOUN
fbem-6010	225	6	of	of	ADP
fbem-6010	225	7	equity	equity	NOUN
fbem-6010	225	8	incentive	incentive	NOUN
fbem-6010	225	9	will	will	AUX
fbem-6010	225	10	significantly	significantly	ADV
fbem-6010	225	11	enhance	enhance	VERB
fbem-6010	225	12	the	the	DET
fbem-6010	225	13	positive	positive	ADJ
fbem-6010	225	14	correlation	correlation	NOUN
fbem-6010	225	15	between	between	ADP
fbem-6010	225	16	innovation	innovation	NOUN
fbem-6010	225	17	investment	investment	NOUN
fbem-6010	225	18	and	and	CCONJ
fbem-6010	225	19	the	the	DET
fbem-6010	225	20	enterprise	enterprise	NOUN
fbem-6010	225	21	value	value	NOUN
fbem-6010	225	22	of	of	ADP
fbem-6010	225	23	the	the	DET
fbem-6010	225	24	science	science	NOUN
fbem-6010	225	25	and	and	CCONJ
fbem-6010	225	26	technology	technology	NOUN
fbem-6010	225	27	innovation	innovation	NOUN
fbem-6010	225	28	board	board	NOUN
fbem-6010	225	29	.	.	PUNCT
fbem-6010	226	1	this	this	PRON
fbem-6010	226	2	shows	show	VERB
fbem-6010	226	3	that	that	SCONJ
fbem-6010	226	4	the	the	PRON
fbem-6010	226	5	longer	long	ADJ
fbem-6010	226	6	the	the	DET
fbem-6010	226	7	validity	validity	NOUN
fbem-6010	226	8	period	period	NOUN
fbem-6010	226	9	of	of	ADP
fbem-6010	226	10	equity	equity	NOUN
fbem-6010	226	11	incentive	incentive	NOUN
fbem-6010	226	12	,	,	PUNCT
fbem-6010	226	13	the	the	PRON
fbem-6010	226	14	longer	long	ADV
fbem-6010	226	15	it	it	PRON
fbem-6010	226	16	can	can	AUX
fbem-6010	226	17	restrain	restrain	VERB
fbem-6010	226	18	senior	senior	ADJ
fbem-6010	226	19	executives	executive	NOUN
fbem-6010	226	20	,	,	PUNCT
fbem-6010	226	21	promote	promote	VERB
fbem-6010	226	22	senior	senior	ADJ
fbem-6010	226	23	executives	executive	NOUN
fbem-6010	226	24	to	to	PART
fbem-6010	226	25	pay	pay	VERB
fbem-6010	226	26	more	more	ADJ
fbem-6010	226	27	attention	attention	NOUN
fbem-6010	226	28	to	to	ADP
fbem-6010	226	29	long	long	ADJ
fbem-6010	226	30	-	-	PUNCT
fbem-6010	226	31	term	term	NOUN
fbem-6010	226	32	interests	interest	NOUN
fbem-6010	226	33	,	,	PUNCT
fbem-6010	226	34	and	and	CCONJ
fbem-6010	226	35	enhance	enhance	VERB
fbem-6010	226	36	the	the	DET
fbem-6010	226	37	promotion	promotion	NOUN
fbem-6010	226	38	effect	effect	NOUN
fbem-6010	226	39	of	of	ADP
fbem-6010	226	40	innovation	innovation	NOUN
fbem-6010	226	41	investment	investment	NOUN
fbem-6010	226	42	on	on	ADP
fbem-6010	226	43	the	the	DET
fbem-6010	226	44	value	value	NOUN
fbem-6010	226	45	of	of	ADP
fbem-6010	226	46	the	the	DET
fbem-6010	226	47	science	science	NOUN
fbem-6010	226	48	and	and	CCONJ
fbem-6010	226	49	technology	technology	NOUN
fbem-6010	226	50	innovation	innovation	NOUN
fbem-6010	226	51	board	board	PROPN
fbem-6010	226	52	.	.	PUNCT
fbem-6010	227	1	references	reference	NOUN
fbem-6010	227	2	[	[	X
fbem-6010	227	3	1	1	X
fbem-6010	227	4	]	]	PUNCT
fbem-6010	227	5	aboody	aboody	NOUN
fbem-6010	227	6	d	d	NOUN
fbem-6010	227	7	,	,	PUNCT
fbem-6010	227	8	lev	lev	PROPN
fbem-6010	227	9	b	b	PROPN
fbem-6010	227	10	information	information	NOUN
fbem-6010	227	11	asymmetry	asymmetry	NOUN
fbem-6010	227	12	,	,	PUNCT
fbem-6010	227	13	r&d	r&d	NOUN
fbem-6010	227	14	,	,	PUNCT
fbem-6010	227	15	and	and	CCONJ
fbem-6010	227	16	insider	insider	PROPN
fbem-6010	227	17	gains[j].the	gains[j].the	DET
fbem-6010	227	18	journal	journal	PROPN
fbem-6010	227	19	of	of	ADP
fbem-6010	227	20	finance,2000,55(6):2747	finance,2000,55(6):2747	PROPN
fbem-6010	227	21	-	-	PUNCT
fbem-6010	227	22	2766	2766	NUM
fbem-6010	227	23	.	.	PUNCT
fbem-6010	228	1	123	123	NUM
fbem-6010	228	2	[	[	X
fbem-6010	228	3	2	2	NUM
fbem-6010	228	4	]	]	PUNCT
fbem-6010	228	5	arrow	arrow	NOUN
fbem-6010	228	6	k	k	PROPN
fbem-6010	229	1	j.the	j.the	DET
fbem-6010	229	2	economic	economic	ADJ
fbem-6010	229	3	implication	implication	NOUN
fbem-6010	229	4	of	of	ADP
fbem-6010	229	5	learning	learn	VERB
fbem-6010	229	6	by	by	ADP
fbem-6010	229	7	doing[j].review	doing[j].review	NOUN
fbem-6010	229	8	of	of	ADP
fbem-6010	229	9	economics	economic	NOUN
fbem-6010	229	10	and	and	CCONJ
fbem-6010	229	11	statistics	statistic	NOUN
fbem-6010	229	12	,	,	PUNCT
fbem-6010	229	13	1962	1962	NUM
fbem-6010	229	14	,	,	PUNCT
fbem-6010	229	15	29	29	NUM
fbem-6010	229	16	(	(	PUNCT
fbem-6010	229	17	3	3	NUM
fbem-6010	229	18	):	):	PUNCT
fbem-6010	229	19	155	155	NUM
fbem-6010	229	20	-	-	SYM
fbem-6010	229	21	173	173	NUM
fbem-6010	229	22	.	.	PUNCT
fbem-6010	230	1	[	[	X
fbem-6010	230	2	3	3	X
fbem-6010	230	3	]	]	X
fbem-6010	230	4	chan	chan	PROPN
fbem-6010	230	5	l	l	PROPN
fbem-6010	231	1	k	k	PROPN
fbem-6010	231	2	c	c	X
fbem-6010	231	3	,	,	PUNCT
fbem-6010	231	4	lakonishok	lakonishok	PROPN
fbem-6010	231	5	j	j	PROPN
fbem-6010	231	6	,	,	PUNCT
fbem-6010	231	7	sougiannis	sougianni	VERB
fbem-6010	231	8	t.the	t.the	DET
fbem-6010	231	9	stock	stock	NOUN
fbem-6010	231	10	market	market	NOUN
fbem-6010	231	11	valuation	valuation	NOUN
fbem-6010	231	12	of	of	ADP
fbem-6010	231	13	research	research	NOUN
fbem-6010	231	14	and	and	CCONJ
fbem-6010	231	15	development	development	NOUN
fbem-6010	231	16	expenditures[j].the	expenditures[j].the	DET
fbem-6010	231	17	journal	journal	NOUN
fbem-6010	231	18	of	of	ADP
fbem-6010	231	19	finance	finance	NOUN
fbem-6010	231	20	,	,	PUNCT
fbem-6010	231	21	2001	2001	NUM
fbem-6010	231	22	,	,	PUNCT
fbem-6010	231	23	56(6):2431	56(6):2431	NUM
fbem-6010	231	24	-	-	SYM
fbem-6010	231	25	2456	2456	NUM
fbem-6010	231	26	.	.	PUNCT
fbem-6010	232	1	[	[	X
fbem-6010	232	2	4	4	NUM
fbem-6010	232	3	]	]	X
fbem-6010	232	4	cmc	cmc	NOUN
fbem-6010	232	5	,	,	PUNCT
fbem-6010	232	6	rdi.familiness	rdi.familiness	NOUN
fbem-6010	232	7	and	and	CCONJ
fbem-6010	232	8	innovation	innovation	NOUN
fbem-6010	232	9	:	:	PUNCT
fbem-6010	232	10	resource	resource	NOUN
fbem-6010	232	11	bundling	bundle	VERB
fbem-6010	232	12	as	as	ADP
fbem-6010	232	13	the	the	DET
fbem-6010	232	14	missing	miss	VERB
fbem-6010	232	15	link[j].entrepreneurship	link[j].entrepreneurship	NOUN
fbem-6010	232	16	theory	theory	NOUN
fbem-6010	232	17	and	and	CCONJ
fbem-6010	232	18	practice	practice	NOUN
fbem-6010	232	19	,	,	PUNCT
fbem-6010	232	20	2013	2013	NUM
fbem-6010	232	21	,	,	PUNCT
fbem-6010	232	22	37(6):1399–1419	37(6):1399–1419	NUM
fbem-6010	232	23	.	.	PUNCT
fbem-6010	233	1	[	[	X
fbem-6010	233	2	5	5	X
fbem-6010	233	3	]	]	PUNCT
fbem-6010	233	4	ferana	ferana	PROPN
fbem-6010	233	5	do	do	VERB
fbem-6010	233	6	llano-ferro.the	llano-ferro.the	DET
fbem-6010	233	7	weighted	weight	VERB
fbem-6010	233	8	average	average	ADJ
fbem-6010	233	9	cost	cost	NOUN
fbem-6010	233	10	of	of	ADP
fbem-6010	233	11	capital	capital	NOUN
fbem-6010	233	12	for	for	ADP
fbem-6010	233	13	firm	firm	ADJ
fbem-6010	233	14	valuation	valuation	PROPN
fbem-6010	233	15	calcu	calcu	PROPN
fbem-6010	233	16	lations[j].international	lations[j].international	PROPN
fbem-6010	233	17	research	research	PROPN
fbem-6010	233	18	journal	journal	NOUN
fbem-6010	233	19	of	of	ADP
fbem-6010	233	20	finance	finance	NOUN
fbem-6010	233	21	and	and	CCONJ
fbem-6010	233	22	economic.2009(26):148	economic.2009(26):148	PROPN
fbem-6010	233	23	-	-	PUNCT
fbem-6010	233	24	150	150	NUM
fbem-6010	233	25	.	.	PUNCT
fbem-6010	234	1	[	[	X
fbem-6010	234	2	6	6	NUM
fbem-6010	234	3	]	]	PUNCT
fbem-6010	234	4	fischer	fischer	PROPN
fbem-6010	234	5	black	black	PROPN
fbem-6010	234	6	,	,	PUNCT
fbem-6010	234	7	myron	myron	PROPN
fbem-6010	234	8	scholes.the	scholes.the	PROPN
fbem-6010	234	9	pricing	pricing	NOUN
fbem-6010	234	10	of	of	ADP
fbem-6010	234	11	options	option	NOUN
fbem-6010	234	12	and	and	CCONJ
fbem-6010	234	13	coporate	coporate	VERB
fbem-6010	234	14	liabilities[j].the	liabilities[j].the	DET
fbem-6010	234	15	journal	journal	NOUN
fbem-6010	234	16	of	of	ADP
fbem-6010	234	17	political	political	ADJ
fbem-6010	234	18	economy	economy	NOUN
fbem-6010	234	19	,	,	PUNCT
fbem-6010	234	20	1973	1973	NUM
fbem-6010	234	21	,	,	PUNCT
fbem-6010	234	22	81(5	81(5	NOUN
fbem-6010	234	23	-	-	SYM
fbem-6010	234	24	6	6	NUM
fbem-6010	234	25	):	):	PUNCT
fbem-6010	234	26	637	637	NUM
fbem-6010	234	27	-	-	SYM
fbem-6010	234	28	654	654	NUM
fbem-6010	234	29	.	.	PUNCT
fbem-6010	235	1	[	[	X
fbem-6010	235	2	7	7	X
fbem-6010	235	3	]	]	X
fbem-6010	235	4	griffith	griffith	PROPN
fbem-6010	235	5	r	r	PROPN
fbem-6010	235	6	,	,	PUNCT
fbem-6010	235	7	sandler	sandler	PROPN
fbem-6010	235	8	d	d	PROPN
fbem-6010	235	9	,	,	PUNCT
fbem-6010	235	10	reenen	reenen	PROPN
fbem-6010	235	11	j	j	PROPN
fbem-6010	235	12	v.tax	v.tax	PROPN
fbem-6010	235	13	incentives	incentive	VERB
fbem-6010	235	14	for	for	ADP
fbem-6010	235	15	r&d[j].fiscal	r&d[j].fiscal	ADJ
fbem-6010	235	16	studies	study	NOUN
fbem-6010	235	17	,	,	PUNCT
fbem-6010	235	18	1995	1995	NUM
fbem-6010	235	19	,	,	PUNCT
fbem-6010	235	20	16(2	16(2	NUM
fbem-6010	235	21	):	):	PUNCT
fbem-6010	235	22	21	21	NUM
fbem-6010	235	23	-	-	SYM
fbem-6010	235	24	44	44	NUM
fbem-6010	235	25	.	.	PUNCT
fbem-6010	236	1	[	[	X
fbem-6010	236	2	8	8	NUM
fbem-6010	236	3	]	]	PUNCT
fbem-6010	236	4	gulati	gulati	PROPN
fbem-6010	236	5	r.alliances	r.alliance	NOUN
fbem-6010	236	6	and	and	CCONJ
fbem-6010	236	7	networks	network	NOUN
fbem-6010	237	1	[	[	X
fbem-6010	237	2	j	j	X
fbem-6010	237	3	]	]	X
fbem-6010	237	4	.	.	PUNCT
fbem-6010	238	1	strategic	strategic	ADJ
fbem-6010	238	2	management	management	NOUN
fbem-6010	238	3	journal	journal	NOUN
fbem-6010	238	4	,	,	PUNCT
fbem-6010	238	5	1998	1998	NUM
fbem-6010	238	6	,	,	PUNCT
fbem-6010	238	7	19(4	19(4	NUM
fbem-6010	238	8	):	):	PUNCT
fbem-6010	238	9	293	293	NUM
fbem-6010	238	10	-	-	SYM
fbem-6010	238	11	317	317	NUM
fbem-6010	238	12	.	.	PUNCT
fbem-6010	239	1	[	[	X
fbem-6010	239	2	9	9	NUM
fbem-6010	239	3	]	]	X
fbem-6010	239	4	hammerschmidt	hammerschmidt	ADJ
fbem-6010	239	5	m.customer	m.customer	ADV
fbem-6010	239	6	-	-	PUNCT
fbem-6010	239	7	based	base	VERB
fbem-6010	239	8	corporate	corporate	ADJ
fbem-6010	239	9	valuation	valuation	NOUN
fbem-6010	240	1	[	[	X
fbem-6010	240	2	j	j	X
fbem-6010	240	3	]	]	X
fbem-6010	240	4	.	.	PUNCT
fbem-6010	241	1	management	management	NOUN
fbem-6010	241	2	decision	decision	NOUN
fbem-6010	241	3	,	,	PUNCT
fbem-6010	241	4	2012	2012	NUM
fbem-6010	241	5	,	,	PUNCT
fbem-6010	241	6	volume	volume	NOUN
fbem-6010	241	7	43(3):331	43(3):331	NUM
fbem-6010	241	8	-	-	NOUN
fbem-6010	241	9	348	348	NUM
fbem-6010	241	10	.	.	PUNCT
fbem-6010	242	1	[	[	X
fbem-6010	242	2	10	10	NUM
fbem-6010	242	3	]	]	X
fbem-6010	242	4	irving	irving	PROPN
fbem-6010	242	5	fisher.the	fisher.the	DET
fbem-6010	242	6	nature	nature	NOUN
fbem-6010	242	7	of	of	ADP
fbem-6010	242	8	capital	capital	NOUN
fbem-6010	242	9	and	and	CCONJ
fbem-6010	242	10	income[m].new	income[m].new	PROPN
fbem-6010	242	11	york	york	PROPN
fbem-6010	242	12	:	:	PUNCT
fbem-6010	242	13	the	the	DET
fbem-6010	242	14	macmillan,1906	macmillan,1906	NOUN
fbem-6010	242	15	,	,	PUNCT
fbem-6010	242	16	(	(	PUNCT
fbem-6010	242	17	2):23	2):23	NUM
fbem-6010	242	18	-	-	SYM
fbem-6010	242	19	49	49	NUM
fbem-6010	242	20	.	.	PUNCT
fbem-6010	243	1	[	[	X
fbem-6010	243	2	11	11	NUM
fbem-6010	243	3	]	]	X
fbem-6010	243	4	irving	irving	PROPN
fbem-6010	243	5	fisher.the	fisher.the	DET
fbem-6010	243	6	rate	rate	NOUN
fbem-6010	243	7	of	of	ADP
fbem-6010	243	8	interest	interest	NOUN
fbem-6010	243	9	:	:	PUNCT
fbem-6010	243	10	the	the	DET
fbem-6010	243	11	nature	nature	NOUN
fbem-6010	243	12	determination	determination	NOUN
fbem-6010	243	13	and	and	CCONJ
fbem-6010	243	14	relation	relation	NOUN
fbem-6010	243	15	to	to	ADP
fbem-6010	243	16	economic	economic	ADJ
fbem-6010	243	17	phenomena	phenomenon	NOUN
fbem-6010	243	18	[	[	X
fbem-6010	243	19	m	m	X
fbem-6010	243	20	]	]	X
fbem-6010	243	21	.	.	PUNCT
fbem-6010	244	1	the	the	DET
fbem-6010	244	2	macmillaminc	macmillaminc	PROPN
fbem-6010	244	3	,	,	PUNCT
fbem-6010	244	4	1907	1907	NUM
fbem-6010	244	5	,	,	PUNCT
fbem-6010	244	6	(	(	PUNCT
fbem-6010	244	7	10	10	NUM
fbem-6010	244	8	):	):	PUNCT
fbem-6010	244	9	23	23	NUM
fbem-6010	244	10	-	-	SYM
fbem-6010	244	11	44	44	NUM
fbem-6010	244	12	.	.	PUNCT
fbem-6010	245	1	[	[	X
fbem-6010	245	2	12	12	NUM
fbem-6010	245	3	]	]	X
fbem-6010	245	4	kaplinsky	kaplinsky	ADJ
fbem-6010	245	5	r.globalisation	r.globalisation	NOUN
fbem-6010	245	6	and	and	CCONJ
fbem-6010	245	7	unequalisation	unequalisation	NOUN
fbem-6010	245	8	:	:	PUNCT
fbem-6010	245	9	what	what	PRON
fbem-6010	245	10	can	can	AUX
fbem-6010	245	11	be	be	AUX
fbem-6010	245	12	learned	learn	VERB
fbem-6010	245	13	from	from	ADP
fbem-6010	245	14	value	value	NOUN
fbem-6010	245	15	chain	chain	NOUN
fbem-6010	245	16	analysis	analysis	NOUN
fbem-6010	245	17	?	?	PUNCT
fbem-6010	246	1	[	[	X
fbem-6010	246	2	j	j	X
fbem-6010	246	3	]	]	X
fbem-6010	246	4	.	.	PUNCT
fbem-6010	247	1	journal	journal	PROPN
fbem-6010	247	2	of	of	ADP
fbem-6010	247	3	development	development	NOUN
fbem-6010	247	4	studies	study	NOUN
fbem-6010	247	5	,	,	PUNCT
fbem-6010	247	6	2000	2000	NUM
fbem-6010	247	7	,	,	PUNCT
fbem-6010	247	8	37(2	37(2	PRON
fbem-6010	247	9	):	):	PUNCT
fbem-6010	247	10	117	117	NUM
fbem-6010	247	11	-	-	SYM
fbem-6010	247	12	146	146	NUM
fbem-6010	247	13	.	.	PUNCT
fbem-6010	248	1	[	[	X
fbem-6010	248	2	13	13	NUM
fbem-6010	248	3	]	]	PUNCT
fbem-6010	248	4	mank	mank	NOUN
fbem-6010	248	5	d	d	PROPN
fbem-6010	248	6	a	a	PROPN
fbem-6010	248	7	,	,	PUNCT
fbem-6010	248	8	nystrom	nystrom	PROPN
fbem-6010	248	9	h	h	PROPN
fbem-6010	248	10	e.dercreasing	e.dercrease	VERB
fbem-6010	248	11	returns	return	NOUN
fbem-6010	248	12	to	to	ADP
fbem-6010	248	13	shareholders	shareholder	NOUN
fbem-6010	248	14	from	from	ADP
fbem-6010	248	15	r&d	r&d	NOUN
fbem-6010	248	16	spending	spending	NOUN
fbem-6010	248	17	in	in	ADP
fbem-6010	248	18	the	the	DET
fbem-6010	248	19	computer	computer	NOUN
fbem-6010	248	20	industry[j	industry[j	NOUN
fbem-6010	248	21	]	]	PUNCT
fbem-6010	248	22	.	.	PUNCT
fbem-6010	249	1	engineering	engineering	NOUN
fbem-6010	249	2	management	management	NOUN
fbem-6010	249	3	journal,2001,13(3	journal,2001,13(3	NOUN
fbem-6010	249	4	)	)	PUNCT
fbem-6010	249	5	.	.	PUNCT
fbem-6010	250	1	[	[	X
fbem-6010	250	2	14	14	NUM
fbem-6010	250	3	]	]	SYM
fbem-6010	250	4	modigliani	modigliani	PROPN
fbem-6010	250	5	,	,	PUNCT
fbem-6010	250	6	merton	merton	PROPN
fbem-6010	250	7	,	,	PUNCT
fbem-6010	250	8	miller.the	miller.the	DET
fbem-6010	250	9	cost	cost	NOUN
fbem-6010	250	10	of	of	ADP
fbem-6010	250	11	capital	capital	NOUN
fbem-6010	250	12	,	,	PUNCT
fbem-6010	250	13	corporation	corporation	NOUN
fbem-6010	250	14	finance	finance	NOUN
fbem-6010	250	15	and	and	CCONJ
fbem-6010	250	16	the	the	DET
fbem-6010	250	17	theroy	theroy	NOUN
fbem-6010	250	18	of	of	ADP
fbem-6010	250	19	investment	investment	NOUN
fbem-6010	250	20	[	[	X
fbem-6010	250	21	j	j	X
fbem-6010	250	22	]	]	X
fbem-6010	250	23	.	.	PUNCT
fbem-6010	251	1	the	the	DET
fbem-6010	251	2	american	american	ADJ
fbem-6010	251	3	economic	economic	ADJ
fbem-6010	251	4	review,1958,(13	review,1958,(13	NOUN
fbem-6010	251	5	)	)	PUNCT
fbem-6010	251	6	.	.	PUNCT
fbem-6010	252	1	[	[	X
fbem-6010	252	2	15	15	NUM
fbem-6010	252	3	]	]	X
fbem-6010	252	4	modigliani	modigliani	NOUN
fbem-6010	252	5	,	,	PUNCT
fbem-6010	252	6	miller.the	miller.the	DET
fbem-6010	252	7	cost	cost	NOUN
fbem-6010	252	8	of	of	ADP
fbem-6010	252	9	capital	capital	NOUN
fbem-6010	252	10	,	,	PUNCT
fbem-6010	252	11	corporation	corporation	NOUN
fbem-6010	252	12	finance	finance	NOUN
fbem-6010	252	13	and	and	CCONJ
fbem-6010	252	14	the	the	DET
fbem-6010	252	15	theory	theory	NOUN
fbem-6010	252	16	of	of	ADP
fbem-6010	252	17	investment[j].the	investment[j].the	DET
fbem-6010	252	18	american	american	PROPN
fbem-6010	252	19	economic	economic	ADJ
fbem-6010	252	20	review,1958,48	review,1958,48	PROPN
fbem-6010	252	21	(	(	PUNCT
fbem-6010	252	22	3	3	NUM
fbem-6010	252	23	):	):	PUNCT
fbem-6010	252	24	261	261	NUM
fbem-6010	252	25	-	-	SYM
fbem-6010	252	26	297	297	NUM
fbem-6010	252	27	.	.	PUNCT
fbem-6010	253	1	[	[	X
fbem-6010	253	2	16	16	NUM
fbem-6010	253	3	]	]	PUNCT
fbem-6010	253	4	njowa	njowa	NOUN
fbem-6010	253	5	,	,	PUNCT
fbem-6010	253	6	musingwini.a	musingwini.a	NOUN
fbem-6010	253	7	framework	framework	NOUN
fbem-6010	253	8	for	for	ADP
fbem-6010	253	9	interfacing	interface	VERB
fbem-6010	253	10	mineral	mineral	NOUN
fbem-6010	253	11	asset	asset	NOUN
fbem-6010	253	12	valuation	valuation	NOUN
fbem-6010	253	13	and	and	CCONJ
fbem-6010	253	14	financial	financial	ADJ
fbem-6010	253	15	reporting[j].resources	reporting[j].resource	NOUN
fbem-6010	253	16	policy	policy	NOUN
fbem-6010	253	17	,	,	PUNCT
fbem-6010	253	18	2017	2017	NUM
fbem-6010	253	19	,	,	PUNCT
fbem-6010	253	20	07(04	07(04	NOUN
fbem-6010	253	21	):	):	PUNCT
fbem-6010	253	22	271	271	NUM
fbem-6010	253	23	-	-	SYM
fbem-6010	253	24	291	291	NUM
fbem-6010	253	25	.	.	PUNCT
fbem-6010	254	1	[	[	X
fbem-6010	254	2	17	17	NUM
fbem-6010	254	3	]	]	PUNCT
fbem-6010	254	4	ohlson.earnings	ohlson.earnings	NUM
fbem-6010	254	5	book	book	NOUN
fbem-6010	254	6	valuesand	valuesand	NOUN
fbem-6010	254	7	dividends	dividend	NOUN
fbem-6010	254	8	in	in	ADP
fbem-6010	254	9	valuation	valuation	NOUN
fbem-6010	254	10	[	[	X
fbem-6010	254	11	j	j	X
fbem-6010	254	12	]	]	X
fbem-6010	254	13	.	.	PUNCT
fbem-6010	255	1	contemporary	contemporary	ADJ
fbem-6010	255	2	accounting	accounting	PROPN
fbem-6010	255	3	research	research	NOUN
fbem-6010	255	4	,	,	PUNCT
fbem-6010	255	5	1995	1995	NUM
fbem-6010	255	6	,	,	PUNCT
fbem-6010	255	7	11(2):661	11(2):661	PROPN
fbem-6010	255	8	-	-	PUNCT
fbem-6010	255	9	687	687	NUM
fbem-6010	255	10	.	.	PUNCT
fbem-6010	256	1	[	[	X
fbem-6010	256	2	18	18	NUM
fbem-6010	256	3	]	]	X
fbem-6010	256	4	rouse	rouse	VERB
fbem-6010	256	5	and	and	CCONJ
fbem-6010	256	6	k.r	k.r	PROPN
fbem-6010	256	7	boff	boff	PROPN
fbem-6010	256	8	,	,	PUNCT
fbem-6010	256	9	r&d	r&d	NOUN
fbem-6010	256	10	technoloy	technoloy	NOUN
fbem-6010	256	11	management	management	NOUN
fbem-6010	256	12	:	:	PUNCT
fbem-6010	256	13	a	a	DET
fbem-6010	256	14	framework	framework	NOUN
fbem-6010	256	15	for	for	ADP
fbem-6010	256	16	putting	put	VERB
fbem-6010	256	17	technology	technology	NOUN
fbem-6010	256	18	to	to	PART
fbem-6010	256	19	work	work	VERB
fbem-6010	256	20	,	,	PUNCT
fbem-6010	256	21	ieee	ieee	PROPN
fbem-6010	256	22	trans	trans	PROPN
fbem-6010	256	23	syst	syst	PROPN
fbem-6010	256	24	man	man	PROPN
fbem-6010	256	25	cybernet	cybernet	PROPN
fbem-6010	256	26	part	part	NOUN
fbem-6010	256	27	c	c	NOUN
fbem-6010	256	28	28(1998),501	28(1998),501	NUM
fbem-6010	256	29	-	-	SYM
fbem-6010	256	30	515	515	NUM
fbem-6010	256	31	.	.	PUNCT
fbem-6010	257	1	[	[	X
fbem-6010	257	2	19	19	NUM
fbem-6010	257	3	]	]	X
fbem-6010	257	4	tom	tom	PROPN
fbem-6010	257	5	copeland	copeland	PROPN
fbem-6010	257	6	,	,	PUNCT
fbem-6010	257	7	tim	tim	PROPN
fbem-6010	257	8	koller	koller	PROPN
fbem-6010	257	9	,	,	PUNCT
fbem-6010	257	10	and	and	CCONJ
fbem-6010	257	11	jack	jack	PROPN
fbem-6010	257	12	murrin.valuation	murrin.valuation	PROPN
fbem-6010	257	13	:	:	PUNCT
fbem-6010	257	14	measuring	measure	VERB
fbem-6010	257	15	and	and	CCONJ
fbem-6010	257	16	managing	manage	VERB
fbem-6010	257	17	the	the	DET
fbem-6010	257	18	value	value	NOUN
fbem-6010	257	19	of	of	ADP
fbem-6010	257	20	companies[m].wiley	companies[m].wiley	NOUN
fbem-6010	257	21	,	,	PUNCT
fbem-6010	257	22	new	new	ADJ
fbem-6010	257	23	york,1990	york,1990	NOUN
fbem-6010	257	24	.	.	PUNCT
fbem-6010	258	1	[	[	X
fbem-6010	258	2	20	20	NUM
fbem-6010	258	3	]	]	X
fbem-6010	258	4	chen	chen	PROPN
fbem-6010	258	5	jinyong	jinyong	PROPN
fbem-6010	258	6	,	,	PUNCT
fbem-6010	258	7	yuan	yuan	NOUN
fbem-6010	258	8	menghan	menghan	PROPN
fbem-6010	258	9	,	,	PUNCT
fbem-6010	258	10	tang	tang	X
fbem-6010	258	11	xiangxi	xiangxi	PROPN
fbem-6010	258	12	.	.	PUNCT
fbem-6010	259	1	can	can	AUX
fbem-6010	259	2	r	r	VERB
fbem-6010	259	3	&	&	CCONJ
fbem-6010	259	4	d	d	NOUN
fbem-6010	259	5	investment	investment	NOUN
fbem-6010	259	6	increase	increase	VERB
fbem-6010	259	7	the	the	DET
fbem-6010	259	8	value	value	NOUN
fbem-6010	259	9	of	of	ADP
fbem-6010	259	10	the	the	DET
fbem-6010	259	11	enterprise	enterprise	NOUN
fbem-6010	259	12	?	?	PUNCT
fbem-6010	259	13	—	—	PUNCT
fbem-6010	259	14	—	—	PUNCT
fbem-6010	259	15	inspection	inspection	NOUN
fbem-6010	259	16	based	base	VERB
fbem-6010	259	17	on	on	ADP
fbem-6010	259	18	the	the	DET
fbem-6010	259	19	stock	stock	NOUN
fbem-6010	259	20	of	of	ADP
fbem-6010	259	21	innovation	innovation	NOUN
fbem-6010	260	1	[	[	X
fbem-6010	260	2	j	j	X
fbem-6010	260	3	]	]	X
fbem-6010	260	4	.	.	PUNCT
fbem-6010	261	1	science	science	NOUN
fbem-6010	261	2	and	and	CCONJ
fbem-6010	261	3	technology	technology	NOUN
fbem-6010	261	4	management	management	NOUN
fbem-6010	261	5	research	research	NOUN
fbem-6010	261	6	,	,	PUNCT
fbem-6010	261	7	2016,36	2016,36	NUM
fbem-6010	261	8	(	(	PUNCT
fbem-6010	261	9	11	11	NUM
fbem-6010	261	10	):	):	PUNCT
fbem-6010	261	11	8	8	NUM
fbem-6010	261	12	-	-	SYM
fbem-6010	261	13	14	14	NUM
fbem-6010	261	14	.	.	PUNCT
fbem-6010	262	1	[	[	X
fbem-6010	262	2	21	21	NUM
fbem-6010	262	3	]	]	X
fbem-6010	262	4	chen	chen	PROPN
fbem-6010	262	5	shouming	shouming	PROPN
fbem-6010	262	6	,	,	PUNCT
fbem-6010	262	7	tang	tang	PROPN
fbem-6010	262	8	binqi	binqi	PROPN
fbem-6010	262	9	.	.	PUNCT
fbem-6010	263	1	executive	executive	ADJ
fbem-6010	263	2	cognition	cognition	NOUN
fbem-6010	263	3	and	and	CCONJ
fbem-6010	263	4	enterprise	enterprise	NOUN
fbem-6010	263	5	innovation	innovation	NOUN
fbem-6010	263	6	investment	investment	NOUN
fbem-6010	263	7	-	-	PUNCT
fbem-6010	263	8	the	the	DET
fbem-6010	263	9	regulating	regulate	VERB
fbem-6010	263	10	role	role	NOUN
fbem-6010	263	11	of	of	ADP
fbem-6010	263	12	management	management	NOUN
fbem-6010	263	13	freedom	freedom	NOUN
fbem-6010	264	1	[	[	X
fbem-6010	264	2	j	j	X
fbem-6010	264	3	]	]	X
fbem-6010	264	4	.	.	PUNCT
fbem-6010	265	1	scientific	scientific	ADJ
fbem-6010	265	2	research	research	NOUN
fbem-6010	265	3	,	,	PUNCT
fbem-6010	265	4	2012,30	2012,30	PROPN
fbem-6010	265	5	(	(	PUNCT
fbem-6010	265	6	11	11	NUM
fbem-6010	265	7	):	):	PUNCT
fbem-6010	265	8	1723	1723	NUM
fbem-6010	265	9	-	-	SYM
fbem-6010	265	10	1734	1734	NUM
fbem-6010	265	11	.	.	PUNCT
fbem-6010	266	1	[	[	X
fbem-6010	266	2	22	22	NUM
fbem-6010	266	3	]	]	X
fbem-6010	266	4	cheng	cheng	PROPN
fbem-6010	266	5	jing	jing	PROPN
fbem-6010	266	6	lian	lian	PROPN
fbem-6010	266	7	,	,	PUNCT
fbem-6010	266	8	ruan	ruan	PROPN
fbem-6010	266	9	ziping	ziping	PROPN
fbem-6010	266	10	.	.	PUNCT
fbem-6010	267	1	enterprise	enterprise	NOUN
fbem-6010	267	2	value	value	NOUN
fbem-6010	267	3	theory	theory	NOUN
fbem-6010	267	4	and	and	CCONJ
fbem-6010	267	5	enterprise	enterprise	NOUN
fbem-6010	267	6	value	value	NOUN
fbem-6010	267	7	evaluation	evaluation	NOUN
fbem-6010	268	1	[	[	X
fbem-6010	268	2	j	j	X
fbem-6010	268	3	]	]	X
fbem-6010	268	4	.	.	PUNCT
fbem-6010	269	1	quest	quest	PROPN
fbem-6010	269	2	,	,	PUNCT
fbem-6010	269	3	2005	2005	NUM
fbem-6010	269	4	(	(	PUNCT
fbem-6010	269	5	10	10	NUM
fbem-6010	269	6	):	):	PUNCT
fbem-6010	269	7	33	33	NUM
fbem-6010	269	8	-	-	SYM
fbem-6010	269	9	35	35	NUM
fbem-6010	269	10	.	.	PUNCT
fbem-6010	270	1	[	[	X
fbem-6010	270	2	23	23	NUM
fbem-6010	270	3	]	]	X
fbem-6010	270	4	fu	fu	PROPN
fbem-6010	270	5	yao	yao	PROPN
fbem-6010	270	6	,	,	PUNCT
fbem-6010	270	7	yin	yin	PROPN
fbem-6010	270	8	tao	tao	PROPN
fbem-6010	270	9	,	,	PUNCT
fbem-6010	270	10	and	and	CCONJ
fbem-6010	270	11	chen	chen	PROPN
fbem-6010	270	12	gang	gang	PROPN
fbem-6010	270	13	.	.	PUNCT
fbem-6010	271	1	the	the	DET
fbem-6010	271	2	influence	influence	NOUN
fbem-6010	271	3	of	of	ADP
fbem-6010	271	4	the	the	DET
fbem-6010	271	5	ownership	ownership	NOUN
fbem-6010	271	6	structure	structure	NOUN
fbem-6010	271	7	on	on	ADP
fbem-6010	271	8	the	the	DET
fbem-6010	271	9	enterprise	enterprise	NOUN
fbem-6010	271	10	diversification	diversification	NOUN
fbem-6010	271	11	strategy	strategy	NOUN
fbem-6010	271	12	and	and	CCONJ
fbem-6010	271	13	the	the	DET
fbem-6010	271	14	enterprise	enterprise	NOUN
fbem-6010	271	15	value	value	NOUN
fbem-6010	272	1	[	[	X
fbem-6010	272	2	j	j	X
fbem-6010	272	3	]	]	X
fbem-6010	272	4	.	.	PUNCT
fbem-6010	273	1	statistics	statistic	NOUN
fbem-6010	273	2	and	and	CCONJ
fbem-6010	273	3	decision	decision	NOUN
fbem-6010	273	4	-	-	PUNCT
fbem-6010	273	5	making	making	NOUN
fbem-6010	273	6	,	,	PUNCT
fbem-6010	273	7	2020,36	2020,36	NUM
fbem-6010	273	8	(	(	PUNCT
fbem-6010	273	9	08	08	NUM
fbem-6010	273	10	):	):	PUNCT
fbem-6010	273	11	185	185	NUM
fbem-6010	273	12	-	-	SYM
fbem-6010	273	13	188	188	NUM
fbem-6010	273	14	.	.	PUNCT
fbem-6010	274	1	[	[	X
fbem-6010	274	2	24	24	NUM
fbem-6010	274	3	]	]	X
fbem-6010	274	4	geng	geng	PROPN
fbem-6010	274	5	jingjing	jingjing	PROPN
fbem-6010	274	6	,	,	PUNCT
fbem-6010	274	7	liu	liu	PROPN
fbem-6010	274	8	li	li	PROPN
fbem-6010	274	9	.	.	PROPN
fbem-6010	274	10	financial	financial	ADJ
fbem-6010	274	11	performance	performance	NOUN
fbem-6010	274	12	evaluation	evaluation	NOUN
fbem-6010	274	13	of	of	ADP
fbem-6010	274	14	core	core	NOUN
fbem-6010	274	15	enterprises	enterprise	NOUN
fbem-6010	274	16	in	in	ADP
fbem-6010	274	17	the	the	DET
fbem-6010	274	18	business	business	NOUN
fbem-6010	274	19	ecosystem	ecosystem	NOUN
fbem-6010	275	1	[	[	X
fbem-6010	275	2	j	j	X
fbem-6010	275	3	]	]	X
fbem-6010	275	4	.	.	PUNCT
fbem-6010	276	1	modernization	modernization	NOUN
fbem-6010	276	2	of	of	ADP
fbem-6010	276	3	management	management	NOUN
fbem-6010	276	4	,	,	PUNCT
fbem-6010	276	5	2019,39	2019,39	NUM
fbem-6010	276	6	(	(	PUNCT
fbem-6010	276	7	03	03	NUM
fbem-6010	276	8	):	):	PUNCT
fbem-6010	276	9	67	67	NUM
fbem-6010	276	10	-	-	SYM
fbem-6010	276	11	69	69	NUM
fbem-6010	276	12	.	.	PUNCT
fbem-6010	277	1	[	[	X
fbem-6010	277	2	25	25	NUM
fbem-6010	277	3	]	]	X
fbem-6010	277	4	guo	guo	PROPN
fbem-6010	277	5	jingxian	jingxian	PROPN
fbem-6010	277	6	,	,	PUNCT
fbem-6010	277	7	qiu	qiu	PROPN
fbem-6010	277	8	yuxia	yuxia	PROPN
fbem-6010	277	9	.	.	PUNCT
fbem-6010	278	1	industry	industry	NOUN
fbem-6010	278	2	agglomeration	agglomeration	NOUN
fbem-6010	278	3	degree	degree	NOUN
fbem-6010	278	4	,	,	PUNCT
fbem-6010	278	5	r	r	NOUN
fbem-6010	278	6	&	&	CCONJ
fbem-6010	278	7	d	d	NOUN
fbem-6010	278	8	investment	investment	NOUN
fbem-6010	278	9	and	and	CCONJ
fbem-6010	278	10	enterprise	enterprise	NOUN
fbem-6010	278	11	value	value	NOUN
fbem-6010	279	1	[	[	X
fbem-6010	279	2	j	j	X
fbem-6010	279	3	]	]	X
fbem-6010	279	4	.	.	PUNCT
fbem-6010	280	1	industrial	industrial	ADJ
fbem-6010	280	2	technology	technology	NOUN
fbem-6010	280	3	and	and	CCONJ
fbem-6010	280	4	economy	economy	NOUN
fbem-6010	280	5	,	,	PUNCT
fbem-6010	280	6	2017	2017	NUM
fbem-6010	280	7	(	(	PUNCT
fbem-6010	280	8	2	2	NUM
fbem-6010	280	9	):	):	PUNCT
fbem-6010	280	10	16	16	NUM
fbem-6010	280	11	-	-	SYM
fbem-6010	280	12	22	22	NUM
fbem-6010	280	13	.	.	PUNCT
fbem-6010	281	1	[	[	X
fbem-6010	281	2	26	26	NUM
fbem-6010	281	3	]	]	X
fbem-6010	281	4	han	han	PROPN
fbem-6010	281	5	pengcheng	pengcheng	PROPN
fbem-6010	281	6	,	,	PUNCT
fbem-6010	281	7	xue	xue	PROPN
fbem-6010	281	8	long	long	PROPN
fbem-6010	281	9	,	,	PUNCT
fbem-6010	281	10	wang	wang	PROPN
fbem-6010	281	11	wenjian	wenjian	PROPN
fbem-6010	281	12	.	.	PUNCT
fbem-6010	282	1	enterprise	enterprise	NOUN
fbem-6010	282	2	innovation	innovation	NOUN
fbem-6010	282	3	,	,	PUNCT
fbem-6010	282	4	social	social	ADJ
fbem-6010	282	5	responsibility	responsibility	NOUN
fbem-6010	282	6	and	and	CCONJ
fbem-6010	282	7	enterprise	enterprise	NOUN
fbem-6010	282	8	value	value	NOUN
fbem-6010	282	9	—	—	PUNCT
fbem-6010	282	10	—	—	PUNCT
fbem-6010	282	11	take	take	VERB
fbem-6010	282	12	small	small	ADJ
fbem-6010	282	13	and	and	CCONJ
fbem-6010	282	14	medium	medium	ADJ
fbem-6010	282	15	-	-	PUNCT
fbem-6010	282	16	sized	sized	ADJ
fbem-6010	282	17	enterprises	enterprise	NOUN
fbem-6010	282	18	as	as	ADP
fbem-6010	282	19	an	an	DET
fbem-6010	282	20	example	example	NOUN
fbem-6010	282	21	[	[	X
fbem-6010	282	22	j	j	X
fbem-6010	282	23	]	]	X
fbem-6010	282	24	.	.	PUNCT
fbem-6010	283	1	china	china	PROPN
fbem-6010	283	2	science	science	PROPN
fbem-6010	283	3	and	and	CCONJ
fbem-6010	283	4	technology	technology	PROPN
fbem-6010	283	5	forum	forum	PROPN
fbem-6010	283	6	,	,	PUNCT
fbem-6010	283	7	2020	2020	NUM
fbem-6010	283	8	(	(	PUNCT
fbem-6010	283	9	11	11	NUM
fbem-6010	283	10	):	):	PUNCT
fbem-6010	283	11	93	93	NUM
fbem-6010	283	12	-	-	SYM
fbem-6010	283	13	99	99	NUM
fbem-6010	283	14	.	.	PUNCT