Despite that reviews have been done in intellectual capital and the performance of firms, their status has remained uncertain in the emerging economy. Previous studies have generally focused on single industries and have overlooked the input of the service and manufacturing sectors as a whole....

How do the effects of financial constraints on innovation performance vary by sector and firm characteristics? This paper uses innovation survey data from 11 European countries to examine the heterogeneity of these effects. Our results suggest that the impact of direct measures of financial...

This paper examines the impact of financial liberalization on fixed investment in Mexico, using establishment-level data from the manufacturing sector. It analyzes changes in cash-flow sensitivities and uses an innovative approach to explore the role of real estate as collateral and deal with a...