, which only holds in the long-term but not in the short-term. Further, we find support for a moderating effect of innovation … in the long-term, innovation mediates the ESP-CFP relationship suggesting that innovation should be considered as a long …

We summarize the major findings of empirical studies that examine the effect of banking development on innovation and … innovation. We reassess the effect of banking development and innovation, extending the scope of analysis to more granular … dimensions of innovation and to Asian economies where financial markets are less developed. We find that while theoretical …