Schneider, Cedric; Veugelers, Reinhilde - Økonomisk Institut, Copenhagen Business School - 2008
matter. We first characterize YICs in the sample of innovation active firms. We show that firms that combine newness … constraints, both internal and external, as an important factor hampering their innovation activities, significantly more so than … other innovation active firms. This access to finance problem is an often used motive for government intervention. In …