Showing 1 - 10 of 5,853
Persistent link: https://www.econbiz.de/10013188900
This paper investigates the impact of the financial crisis on investment decisions in innovative versus non-innovative firms. Firms are defined as being innovative if they have introduced a new product to the market. The empirical test is based on data for the years before and after the recent...
Persistent link: https://www.econbiz.de/10011339805
Using Dutch data we empirically investigate how financing and innovation vary across firm characteristics. We find that … when firms face financial constraints, debt financing and innovation choices are not independent of firm characteristics …
Persistent link: https://www.econbiz.de/10010249680
In this paper, we investigate how going private affects corporate innovation activities. We compare the innovation … activities of firms that went private to the innovation activities of firms that received a going-private offer but stayed as … public for reasons unrelated to innovation. Using patent-based metrics, we find that the scale of innovation grows after …
Persistent link: https://www.econbiz.de/10012860073
Financing research and development (R&D) through loans is usually a costly endeavor. Information asymmetry, outcome uncertainty and low collateral value tend to increase the cost of debt. Based on a large panel of heterogeneous firms, this study shows that recipients of public R&D grants, on...
Persistent link: https://www.econbiz.de/10011381138
Persistent link: https://www.econbiz.de/10003858576
Persistent link: https://www.econbiz.de/10012650506
Persistent link: https://www.econbiz.de/10012291899
Using a unique panel data of Dutch innovation and financial variables we empirically investigate how financing and … innovation vary across firm characteristics. The study also tries to gauge the extent of market failure due to the presence of …, debt financing and innovation choices are not independent of firm characteristics such as age, size, and existing leverage …
Persistent link: https://www.econbiz.de/10013100159
Using Dutch data we empirically investigate how financing and innovation vary across firm characteristics. We find that … when firms face financial constraints, debt financing and innovation choices are not independent of firm characteristics …
Persistent link: https://www.econbiz.de/10013057269