This paper aims at investigating the relationship between firms' profit efficiency, access to finance and innovation … efficiency in order to increase profitability. Among firms that have embarked in product innovation, those in the industry and … help to better understand the link between innovation, financial constraints and efficiency, which goes beyond the idea …

This paper aims at investigating the relationship between firms' profit efficiency, access to finance and innovation … efficiency in order to increase profitability. Among firms that have embarked in product innovation, those in the industry and … help to better understand the link between innovation, financial constraints and efficiency, which goes beyond the idea …

We provide the first cross-country evidence of the effect of investment by private equity firms on innovation, focusing … concerns about causality in several ways, including exploiting variation in laws regulating the investment behaviour of pension … funds and insurance companies across countries and over time. We also control for the standard determinants of innovation …

that private equity investment benefits new business incorporation, especially in industries with naturally higher entry … rates and R&D intensity. A two standard deviation increase in private equity investment explains as much as 5.5% of the …

&D, Communication and Information, for small and micro firms, while it is slightly smaller for firms with positive investment rates …