Using firm level information on the world leading R&D investors, this paper investigates through a system GMM estimation of the investment error correction model, whether younger innovators face more severe or no financing constraints, as opposed to older innovators, and whether this would hold...

It can be observed that many R&D performing firms produce scientific knowledge and discloseresearch outcomes in scientific journals. At the micro-level, prior work identified several potentialbenefits of such a strategy like superior access to informal information networks or the opportunity...

It can be observed that many R&D performing firms produce scientific knowledge and disclose research outcomes in scientific journals. At the micro-level, prior work identified several potential benefits of such a strategy like superior access to informal information networks or the opportunity...