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The impact of firm financing constraints on R&D over the business cycle

Männasoo, Kadri; Meriküll, Jaanika - 2015

The paper studies financing constraints for R&D over the latest boom and bust episode in Central and Eastern Europe (CEE). Given that financial and venture capital markets in CEE are thin in comparison to those in high-income economies and that many of CEE countries experienced a credit crunch...

Persistent link: https://www.econbiz.de/10011326699