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Based on data from of 2,700 Swedish manufacturing firms, observed through the period 1997-2005, this paper shows that internal finance resources, measured by cash-flow, affect the propensity to apply for a patent as well as the number of patent applications. From a business cycle perspective,...
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We find that internal finance resources at the firm-level, measured by cash flow, play a non-trivial role for the number of patent applications, even after controlling for the standard variables of a patent study. The results are based on estimating panel count-data models on a sample of 2,700...
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This paper provides estimates of negative binomial regressions for high-leveraged and non-high-leveraged exporting firms in Sweden over a business cycle that contains two boom periods and two recession periods. The contemporaneous cash flow coefficients are positive and statistically...
Persistent link: https://www.econbiz.de/10010751973
This paper examines the impact of financial constraints on innovation for established firms. We make use of a direct …
Persistent link: https://www.econbiz.de/10004998852
This paper investigates the impact of digital transformation on innovation within the agribusiness sector, both … 2021. The findings suggest that digital transformation significantly enhances innovation capability of agribusiness, while … concurrently fostering improvements of its innovation quality. These results hold robust following an endogeneity test and a series …
Persistent link: https://www.econbiz.de/10014581359
The original intention of the government was to provide financial subsidies to firms by implementing innovation support … policies. In turn, this will encourage these firms to carry out technological innovation activities. However, there are still … enterprise innovation. The theoretical and empirical research conclusions are uncertain. In this study, samples unlisted …
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