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 …

Many economic studies have examined the conditions under which innovation occurs in Canadian firms. We take the …: communication, financial services and technical business services. The data come from the 1996 innovation survey conducted by … Statistics Canada. The first objective of this paper is to explain why firms perceive the obstacles to innovation differently. We …