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This paper makes a theoretical analysis on institutional investors and r&d investment, and the basic model of dynamic endogenous sexual relationship analysis was established. In the empirical study, the paper takes the data of domestic listed companies as samples, the dynamic endogenous relationship of variables is analyzed systematically. Research suggests that: there is a significant dynamic endogenous relationship between the two variables, and institutional investors may have value creation effects. Keywords-R&d spending; institutional investor; dynamic endogeneity;corporate governance

Institution Investor and Corporate Innovation Investment: View of Dynamic Endogeny