This book provides coherent theoretical and empirical analysis of firms' investment and financing decisions. It assesses the role of uncertainty, financial imperfections, corporate governance and taxation. Evidence is obtained using several unique and high quality microeconomic data-sets, which...

The Economics of Knowledge Sharing claims that useful economic knowledge is the most important foundation for the development of a sufficiently strong process of innovation. Within the framework of new institutional economics, the book looks at the institutional conditions required for the...