We provide the first cross-country evidence of the effect of investment by private equity firms on innovation, focusing … funds and insurance companies across countries and over time. We also control for the standard determinants of innovation … aggregate (private equity plus R&D) industrial spending, PE accounts for as much as 12% of industrial innovation. We also …

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 …

suggests that whilst micro reforms boost innovation, macro reforms may appear negative. We test and find empirical support for …

A decision maker tests whether the gradient of the loss function evaluated at a judgmental decision is zero. If the … test does not reject, the action is the judgmental decision. If the test rejects, the action sets the gradient equal to the … boundary of the rejection region. This statistical decision rule is admissible and conditions on the sample realization. The …

strategy amid a collegial approach to decision-making, while the Bank of England is using a collegial communication strategy … and highly individualistic decision-making. The ECB has chosen a collegial approach both in its communication and in its …

We provide the first cross-country evidence of the effect of investment by private equity firms on innovation, focusing … funds and insurance companies across countries and over time. We also control for the standard determinants of innovation … aggregate (private equity plus R&D) industrial spending, PE accounts for as much as 12% of industrial innovation. We also …