decisions and growth of principals, in the context of franchising. We find that a 30 percent decrease in average … collateralizable housing wealth in a region delays chains' entry into franchising by 0.28 years on average, 9 percent of the average …

, in the context of franchising. We find that a 30 percent decrease in average collateralizable housing wealth in an area … is associated with a delay in chains' entry into franchising by 0.33 years on average, or 10 percent of the average …

decisions and growth of principals, in the context of franchising. We find that a 30 percent decrease in average … collateralizable housing wealth in a region delays chains ́entry into franchising by 0.28 years on average, 9 percent of the average …

decisions and growth of principals, in the context of franchising. We find that a 30 percent decrease in average … collateralizable housing wealth in a region delays chains’ entry into franchising by 0.28 years on average, 9 percent of the average …

empirical tests, motivated by a simple theory, demonstrate that low-liquidity firms amplified its transmission. …

We investigate how intangible capital in form of intellectual property, such as patents, might mitigate financing … between borrowers and lenders, we quantify the value of using patents as collateral with regard to capital access. Although … this mechanism of patents in financing further R&D is not new, we are the first to provide a treatment effects study of …