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...

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...

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...