recipients' investment is less sensitive to internal liquidity. -- Research and development ; liquidity constraints ; innovation …

This study presents a novel empirical approach to identify financing constraints for innovation based on the idea of an … alternatives of use. If they choose additional innovation projects they must have had some unexploited investment opportunities … attribute constraints for innovation not only to lacking financing, but also to firms' innovative capability. Econometric …

&D Collaboration ; Knowledge Exchange ; Patents ; Innovation ; Count Data Models …

This study presents a novel empirical approach to identify financing constraints for innovation based on the concept of … alternatives of use. If they selected additional innovation projects, they must have had some unexploited investment opportunities … that were not profitable using more costly external finance. We attribute constraints for innovation not only to lacking …

This study presents a novel empirical approach to identify financing constraints for innovation based on the concept of …. If they selected additional innovation projects, they must have had some unexploited investment opportunities that were … not profitable using more costly external finance. We attribute constraints for innovation not only to lacking financing …

University research provides valuable inputs to industrial innovation. It is therefore not surprising that private …

Development ; Liquidity Constraints ; Innovation Policy …

University research provides valuable inputs to industrial innovation. It is therefore not surprising that private …