Tiwari, Amaresh K.; Mohnen, Pierre; Palm, Franz C.; … - United Nations University-Maastricht Economic Research … - 2012
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 …