small bank size and the presence of a controlling shareholder in a private sector bank also correlate with more lending …

This paper examines the relation between ownership, corporate form, and innovation for a cross-section of private and …: while most innovating firms in the US are publicly traded conglomerates, a substantial fraction of innovation is … countries, where business groups tend to be concentrated in industries with a slower and more fundamental innovation cycle and …

a model of endogenous growth with frictions. Productivity increases with knowledge, which advances via innovation, and … innovation. First, intermediation allows us to finance more transactions with fewer assets. Second, it ameliorates certain …, suggesting that technology transfer is a significant source of innovation and showing how it is affected by credit considerations. …

Which commercial bank supervisory policies ease - or intensify - the degree to which bank corruption is an obstacle to … first empirical assessment of the impact of different bank supervisory policies on firms%u2019 financing obstacles. We find … that the traditional approach to bank supervision, which involves empowering official supervisory agencies to directly …

branching, which intensified bank competition and improved efficiency. Exploiting the cross-state, cross-time variation in the … timing of bank deregulation, we evaluate the impact of liberalizing intrastate branching restrictions on the distribution of …

. Large firms may find it disadvantageous to engage in an "R&D race" with small firms, as they can obtain access to innovation … through acquisition. Our model and evidence show that the R&D responsiveness of firms increases with demand, competition and …