Showing 1 - 10 of 15
of income and export intensity. We investigate theoretically and empirically how financial constraints affect a firm …'s innovation and export activities, using unique firm survey data which provides direct measures for innovations and firm … export and hence to catch up to the technological frontiers. This negative effect is amplified as financial constraints force …
Persistent link: https://www.econbiz.de/10010269463
Internationally active firms rely intensively on trade credits even though they are considered particularly expensive. This phenomenon has been little explored so far. Our theoretical analysis shows that trade credits can alleviate financial constraints arising from asymmetric information...
Persistent link: https://www.econbiz.de/10010294722
Internationally active firms rely intensively on trade credits even though they are considered particularly expensive. This phenomenon has been little explored so far. Our theoretical analysis shows that trade credits can alleviate financial constraints arising from asymmetric information...
Persistent link: https://www.econbiz.de/10010333750
This paper explores the impact of financial constraints on the internationalization strategies of firms. It contributes to the literature by focusing on three aspects: First, the paper studies the impact of financial constraints on exporting relative to FDI. Consistent with theory, the empirical...
Persistent link: https://www.econbiz.de/10010333826
and export intensity. We investigate theoretically and empirically how financial constraints affect a firm's innovation … and export activities, using unique firm survey data which provides direct measures for innovations and firm …-specific financial constraints. We find that financial constraints restraint heability of domestically owned firms to innovate and export …
Persistent link: https://www.econbiz.de/10010333877
access to external finance on firms’ choices to export or to engage in FDI. We simultaneously model a firm’s decision to …
Persistent link: https://www.econbiz.de/10003943667
access to external finance on firms' choices to export or to engage in FDI. We simultaneously model a firm's decision to …
Persistent link: https://www.econbiz.de/10012991098
Persistent link: https://www.econbiz.de/10008906775
Persistent link: https://www.econbiz.de/10003994148
Persistent link: https://www.econbiz.de/10011376006