markets. As the zombie firm problem may partly stem from bank forbearance, complementary reforms to insolvency regimes are … essential to ensure that a more aggressive policy to resolve non-performing loans is effective. Distortions in the banking …

, innovative property and economic competencies – has been rising significantly. This has implications for innovation and … role for innovation policies to raise private investment in KBC towards socially optimal levels. Indeed, R&D tax incentives … between the incentives to innovate and the broad diffusion of knowledge.<P>Actifs intellectuels, innovation et mobilité des …