This paper studies how bank market power affects firm creation in innovative industries. Theoretically, I show that the … effect of bank market power is ambiguous. I exploit a 2012 policy intervention in Italy, designed to foster firm creation in … innovative industries through public bank guarantees. The policy increased firm creation in innovative industries by 50%, but the …

credit constraints on firm-level innovation. We find that access to bank credit helps firms to adopt existing products and … acquiring external know-how. We find no evidence that bank credit also stimulates firm innovation through in-house R&D. This …

Using data at the bank‐firm level for a large sample of small firms collected through the 8th UniCredit Survey … that a large internationalized bank more strongly supports product innovation, whereas there is no substantial difference …

Medium Enterprises (SME), their probability to export (i.e. the extensive margin) and their share of exports on total sales …'s debt with its main bank to firm's total assets. Our results show that the strength of the bank-firm relation has a positive … impact on both SME's probability to export and their export margins. This positive effect is only marginally mediated by the …

enterprises and the constraints to SME financing remain the main topic of policy discussion today. Against this background, the … SME financing. This will also ensure that lending to small-business clients is not a burden to the government and is self …

nongovernment organizations, local government units, institutions such as the Development Bank of the Philippines, the Land Bank of …

In this paper we analyze the access to credit of innovative firms on the price and non-price dimensions of bank lending …

financial crisis 2008/2009 on their business customers’ innovation activity. Using a matched bank-firm data set for Germany, we … find that having relations with a more severely affected bank seriously hampers firms’ current innovation activities due to … funding shortages. Furthermore, we find that firms with a relationship to a less severely affected bank are more likely to …