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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...
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The objective of this study is to investigate the sensitivity of the estimated relationship between innovation and firm … different classifications of innovation. The analyses are performed in both level and growth rate dimensions. The overall …. -- Knowledge capital ; productivity ; innovation ; manufacturing ; services ; knowledge intensity ; Community Innovation Survey …
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