important shift in the European strategy: further development would not only be based on investment in material infrastructures … time, the focus for investment moved away from the traditional support of industrial sectors (manufacturing, agriculture …

region and they are closely linked to foreign direct investment and multinationals. As foreign-owned subsidiaries become a …

direct investment and multinationals in the technological progress of the region. Specifically, technological progress that …

efficiency with which it seems to be able to channel funds to new productive investment projects, particularly in hi … particularly their enforcement and transparency, support innovation and investment in new enterprises. In addition, using dynamic … panel regression techniques, the study finds significant relationships between investment and financial development, as …

banking development reduces the cash flow sensitivity of fixed investment spending, particularly for small firms, and that it …

Credit constraints are more frequent among growth companies with large investment opportunities. For the same reason … investment opportunities to a larger extent. (ii) Taxes which are neutral in a neoclassical world, still restrict expansion … investment of constrained firms by reducing free cash-flow and thereby discourage innovation. (iii) A revenue neutral increase in …

Credit constraints are more frequent among growth companies with large investment opportunities. For the same reason … investment opportunities to a larger extent. (ii) Taxes which are neutral in a neoclassical world, still restrict expansion … investment of constrained firms by reducing free cash-flow and thereby discourage innovation. (iii) A revenue neutral increase in …