Showing 1 - 10 of 99
competitiveness. The innovation gap, by international standards, is one of those problems. Business incubators are one of the …
Persistent link: https://www.econbiz.de/10011100376
Small firms encounter difficulties in raising external finance owing to greater information problems. For small innovative firms, whose activity is more difficult to evaluate, the cost of external finance could be even higher. This paper examines special features of the financial structure of...
Persistent link: https://www.econbiz.de/10005111559
. Equity is a preferable source of external finance for innovation than debt. It does not require collateral, does not …
Persistent link: https://www.econbiz.de/10011099688
financial innovation. The current approach, adopted by several authorities, makes extensive use of the tools of transparency and …
Persistent link: https://www.econbiz.de/10011099606
We examine the effects of the government guarantee schemes for bank bonds adopted in the aftermath of the Lehman Brothers demise to help banks retain access to wholesale funding. We describe the evolution and the pattern of bond issuance across countries to assess the effect of the schemes. Then...
Persistent link: https://www.econbiz.de/10008626021
We analyse the wide array of rescue programmes adopted in several countries, following Lehman Brothers� default in September 2008, in order to support banks and other financial institutions. We first provide an overview of the programmes, comparing their characteristics, magnitudes and...
Persistent link: https://www.econbiz.de/10004964392
The paper explores the long run evolution of Italy's performance in technological innovation as a function of … study is based on a newly constructed dataset, over the 1861-2009 period, composed of variables related to: innovation … by econometric assessment, the significant contribution of foreign technology both to innovation activity results and to …
Persistent link: https://www.econbiz.de/10010548014
The paper explores the long run evolution of Italy's performance in technological innovation as a function of … study is based on a newly constructed dataset, over the 1861-2009 period, composed of variables related to: innovation … by econometric assessment, the significant contribution of foreign technology both to innovation activity results and to …
Persistent link: https://www.econbiz.de/10009364460
presents some empirical evidence on the effects of innovation on employment growth and therefore on firms� productivity with … process innovation. The sources of employment growth during the period are split equally between the net contribution of … product innovation and the net contribution from sales growth of old products. However, the contribution of product innovation …
Persistent link: https://www.econbiz.de/10005770776
Innovation in SMEs exhibits some peculiar features that most traditional indicators of innovation activity do not … capture. Therefore, in this paper, we develop a structural model of innovation which incorporates information on innovation … enhances the likelihood of having both process and product innovation. Both these kinds of innovation have a positive impact on …
Persistent link: https://www.econbiz.de/10005011990