amount of tax credits, where 0.3-0.8 percent is attributable to relaxing the financial constraint of firms with outstanding ….0-3.4 percent if there had been no tax credit reform in 2003, where 0.3-0.6 percent is attributable to the effect of financial … constraint, and that the aggregate R&D expenditure would have been larger by 3.1-3.9 percent if there had been no cap on the …

amount of tax credits, where 0.3-0.8 percent is attributable to relaxing the financial constraint of firms with outstanding ….0-3.4 percent if there had been no tax credit reform in 2003, where 0.3-0.6 percent is attributable to the effect of financial … constraint, and that the aggregate R&D expenditure would have been larger by 3.1-3.9 percent if there had been no cap on the …

amount of tax credits, where 0.3-0.8 percent is attributable to relaxing the financial constraint of firms with outstanding ….0-3.4 percent if there had been no tax credit reform in 2003, where 0.3-0.6 percent is attributable to the effect of financial … constraint, and that the aggregate R&D expenditure would have been larger by 3.1-3.9 percent if there had been no cap on the …

financial constraint tend to have higher real estate holdings, whereas higher real estate holdings are associated with lower …

drivers, such as bad management and local financial constraint. We present an original analysis and findings on the effect of …