This study evaluates the impact of Microenterprise Development (MD) assistance on the labor supply, income, expenditure, savings, and capital investment of beneficiaries of Pantawid Pamilya, the Philippine government's conditional cash transfers (CCT) program. The assistance is provided by the...

Relationship lending is a common practice in credit financing all over the world, particularly in Germany. On the basis of a comprehensive data set comprising information on firm-bank relationships for more than 16,000 observations, this study analyses the determinants of relationship lending in...

This paper presents microeconometric evidence on financing con-traints for research and development activities in German small and medium?sized firms (SME). Special attention is paid to the role of public R&D subsidies. For this purpose SME in Western and East-ern Germany are compared because...

Innovationen sind für die Wirtschaft eines Landes von außerordentlicher Bedeutung. Daher ist es wichtig, dass Ergebnisse und moderne Verfahrensweisen der öffentlich organisierten Forschung bei den Unternehmen ankommen. Dies betrifft vor allem Klein- und Mittelunternehmen (KMU), die hier noch...