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We analyze the causal effect of the credit supply shock to banks induced by interbank market disruptions in the recent 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...
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The small and middle-size enterprises (SME) are the stabilizing elements in the regional development. This research is oriented at strengths and weaknesses of this kind of enterprising. Small and middle-size entrepreneurs can find some support from regional institutions, first of all from the...
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The small and middle-size enterprises (SME) are the stabilizing elements in the regional development. This research is oriented at strengths and weaknesses of this kind of enterprising. Small and middle-size entrepreneurs can find some support from regional institutions, first of all from the...
Persistent link: https://www.econbiz.de/10011315934