De Nicola, Francesca; Iootty, Mariana; Melecky, Martin; … - 2023
This paper studies the effect of bank ownership on product innovation by borrowing firms, highlighting the role of the … state, foreign, and combined foreign-state bank ownership. It uses Enterprise Survey data for more than 22,000 firms in 49 … countries from 2016 to 2020, linked to Fitchconnect data on banks: their ownership, soundness indicators, and legal origins. The …