Knowledge is the main competitive assets in today economy. This resource, differently from the others firms have traditionally managed, increases its value through sharing and diffusing. Adoption, in fact, does not only contribute to increase its trustworthiness, but also to broadening its scope...

This paper examines the impact of industry knowledge conditions and corporate governance structures on tangible investment and its financing. Based on a large panel data set of German firms we investigate whether liquidity constraints vary systematically across firms engaged in activities...