Boikos, Spyridon; Bournakis, Ioannis; Christopoulos, … - 2021
sector produces a straightforward result: a decrease in lending rates which stimulates R&D investment and economic growth …We develop a horizontal R&D growth model that allows us to investigate the different channels through which financial … reforms affect R&D investment and patent activity. First, a “micro” reform that abolishes barriers to entry in the banking …