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The main objective of this paper is to study the relationship between external public debt and equilibrium real exchange rate in developing countries. Using a extension of Obstfeld & Rogoff (1995) model we show that debt overhang tend to appreciate real exchange rate in the long run (Krugman...
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based on innovation. Private equity activity is in this regard a better mode of financing innovative enterprises added to …
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correlated to the size of investment of the innovation projects and the level of seniority is positively associated to the most … innovative projects. The seniority of champions explains positively the innovation success, but the hierarchical level has no …
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relates to the type of innovation, the characteristics of the market sector in which they operate, the firms’ characteristics …
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part is dedicated to the definition of an analytical framework for the study of the repositioning of military innovation … within the French system of innovation. The third part focuses on the identification of the modalities allowing the assertion …
Persistent link: https://www.econbiz.de/10010861641
benefit to firms that imitate existing technologies or those that are involved in incremental innovation. On the other hand …
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economic performances? It seems to us that the answer lies in integrating civilian and military innovation structures appealing …
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