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We examine the impacts of both domestic and international financial market development on R&D intensities in 22 manufacturing industries in 18 OECD countries for the period 1990-2003. We take account of such industry characteristics as the need for external financing and the amount of tangible...
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The IMF Working Papers series is designed to make IMF staff research available to a wide audience. Almost 300 Working Papers are released each year, covering a wide range of theoretical and analytical topics, including balance of payments, monetary and fiscal issues, global liquidity, and...
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In this paper, the practice of using patents as collateral for debt has been studied. To this aim, the USPTO Patent … timing of a patent being released have been investigated. In particular, we focus on the effects of the global financial …. The obtained results suggest that a security interest on a patent is more likely to be released in the case of granted and …
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