Availability of internal and external financing sources has an impact on firms' investments and growth. Even profitable firms with sufficient financing sources in normal times can be affected by demand and supply shocks such as the COVID-19 lockdown, the energy crisis, or the recent tightening...

In the context of intensified global competition, enhancing attractiveness to foreign direct investment (FDI) in high-value knowledge-intensive sectors is a policy objective in many advanced economies. Understanding what drives the location choice of FDI in high-value knowledge-intensive sectors...