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, using a difference-in-difference methodology. The Act tightened traditional bank credit standards on business loans …
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This article adds to case studies documenting the collaboration of private and state institutions in the construction of key modern technologies. Specifically, we contribute to the body of literature on the entrepreneurial state by documenting how state intervention in developing economies is...
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of these enterprises is their difficulty in accessing finance from banks and other financial institutions. The Credit … is a credit guarantee program initiated by the Bangko Sentral ng Pilipinas that enables enterprises and cooperatives to …
Persistent link: https://www.econbiz.de/10011522092
Innovation plays a critical role in shaping the industrial and firm competitiveness of any nation. Innovation is often discussed in the setting of developed countries, but the rise of emerging economies such as India has generated a new interest in understanding innovation in developing...
Persistent link: https://www.econbiz.de/10011522088
Innovation plays a critical role in shaping the industrial and firm competitiveness of any nation. Innovation is often discussed in the setting of developed countries, but the rise of emerging economies such as India has generated a new interest in understanding innovation in developing...
Persistent link: https://www.econbiz.de/10012983342
Governments regularly subsidize new ventures to spur innovation. This paper conducts the first large-sample, quasi-experimental evaluation of R&D subsidies. I use data on ranked applicants to the U.S. Department of Energy's SBIR grant program. An award approximately doubles the probability that...
Persistent link: https://www.econbiz.de/10013003051