As is well-known, firms' innovative efforts can benefit from information about past implementations of similar technologies by other firms ("technological knowledge"). In this paper, we examine the effect of technological knowledge on agency problems. We present robust evidence that...

We show how product market competition affects capital structure by developing a tractable model that embeds the tradeoff between the tax benefits and bankruptcy costs of debt in an industry equilibrium setting with heterogeneous, imperfectly competitive firms. Different determinants of...