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The Interdependence of R&D Activity andDebt Financing of Young Firms
Fryges, Helmut; Kohn, Karsten; Ullrich, Katrin - Forschungsinstitut zur Zukunft der Arbeit <Bonn> - 2011
We investigate the interdependence of debt financing and R&D activities of young firms.Using micro-level data of the KfW/ZEW Start-up Panel, our estimation results show that firmcharacteristics are more important than personal characteristics of the founders for explainingyoung firms’...
Persistent link: https://www.econbiz.de/10009486988
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Funding Self-Employment:The Role of Consumer Credit
Kneiding, Christoph; Kritikos, Alexander - Forschungsinstitut zur Zukunft der Arbeit <Bonn> - 2011
overdrafts – to finance business activities. Controlling forfinancial and non-financial household variables we show that self … overdrafts areused by self-employed to finance their business as well. This indicates that interminglingconstitutes a financing …
Persistent link: https://www.econbiz.de/10009522202