This study tests for financial constraints on R&D investment and how they differ from capital investment. To identify …, measured by mark-ups, are more decisive for R&D than for capital investment. For external constraints, we find a monotonic … relationship between the level of constriction and firm size for both types of investment. Thus, external constraints turn out to …

This study focuses on the effect of public funding on internal R&D investment and on total innovation intensity on a … Belgien, Deutschland und Luxemburg verwendet. Zusätzlich stehen CISharmonisierte Informationen aus Südafrika zur Verfügung …

This paper analyzes the role of Thin-Capitalization rules for capital structure choice and investment decisions of … investment but also their tax-sensitivity. An empirical investigation of leverage and investment reported for affiliates of …. While Thin-Capitalization rules are found to be effective in restricting debt finance, investment is found to be more …

This study examines the consequences of loan denials for the investment performance of small and medium-sized German … investment than non-innovative companies. The non-randomness of loan denials is controlled for with a selection equation … mezzanine capital, when facing a loan denial. -- Investment ; loan availability ; innovation ; private equity …

This paper investigates the role intangible capital plays for economic growth in different sectors in Germany. It … consists of two major parts. In the first part, we aim at measuring investment in intangibles at the sector level. We shed … light on differences across sectors but also compare these figures with investment in physical capital and with investment …