Tee, Lain-Tze; Low, Soo-Wah; Kew, Si-Roei; Ghazali, Noor A. - In: Prague Economic Papers 2014 (2014) 2, pp. 162-180
This paper examines the role of financial development in promoting innovation-related activity using panel data for seven East Asian countries for the period from 1998-2009. On overall financial development, we find that, financial sector size and the overall activity of banks and stock market...