Showing 1 - 10 of 26
The availability of new internationally-harmonized innovation survey data collected from OECD countries has created … some interesting opportunities for studying the following two key areas: (1) the determinants of innovation behavior at … firm level, and (2) innovation as an important factor contributing to the economic growth. This paper looks at the …
Persistent link: https://www.econbiz.de/10010281247
This paper incorporates the cost of adjustment between observed and optimal leverage in explaining the variation in firm?s equity or bank-debt financing investments. Using a dynamic adjustment approach identifies the determinants to capital structure between different financial systems. In...
Persistent link: https://www.econbiz.de/10010298124
This paper incorporates the cost of adjustment between observed and optimal leverage in explaining the variation in firm's equity or bank-debt financing investments. Using a dynamic adjustment approach identifies the determinants to capital structure between different financial systems. In...
Persistent link: https://www.econbiz.de/10011448232
The availability of new internationally-harmonized innovation survey data collected from OECD countries has created … some interesting opportunities for studying the following two key areas: (1) the determinants of innovation behavior at … firm level, and (2) innovation as an important factor contributing to the economic growth. This paper looks at the …
Persistent link: https://www.econbiz.de/10001600085
This paper serves as another complementary link in a chain of a rather limited number of investigations in the R&D-innovation …-productivity relationship within service industries. Innovation has been found to be a major contributor to productivity growth in manufacturing …. In this paper, the importance of innovation is explored by comparing manufacturing and service firms in a sample of …
Persistent link: https://www.econbiz.de/10014029388
recurrent knowledge investment through innovation and potential spillovers from the local milieu. The majority of the exporting … that does not engage in innovation and has scarce access to external knowledge, the level of productivity is 2-12 percent … higher for an innovative firm, depending on how innovation is defined and where the innovator is located. The annual long …
Persistent link: https://www.econbiz.de/10013088475
This paper incorporates the cost of adjustment between observed and optimal leverage in explaining the variation in firm?s equity or bank-debt financing investments. Using a dynamic adjustment approach identifies the determinants to capital structure between different financial systems. In...
Persistent link: https://www.econbiz.de/10005097988
The importance of capital structure is explored by comparing existing archetypes of financial systems through a new methodological application. Differences in firms’ cost of capital show that capital structure is relevant in R&D and other investment decisions. The conclusions are that 1) there...
Persistent link: https://www.econbiz.de/10005644969
Persistent link: https://www.econbiz.de/10011449801
Persistent link: https://www.econbiz.de/10012387994