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Department for Human Capital and Innovation. It was completed in June 2014 and accepted as a doctoral thesis by the Department of …
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We study how financing constraints affect the cash holdings of small and mediumsized enterprises. There has been little empirical work on this topic, even though these firms often face financial constraints. We contribute by using detailed data on credit ratings in Sweden as a measure of...
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Although there seems to be consensus in the literature that venture capital investors increase the innovation output of … from seven European countries, we investigate which form of venture capital is most supportive of innovation. Our results … suggest that in companies financed by syndicates and by private venture capital investors, the innovation output increases …
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In the German wastewater sector, innovations are often regarded to be the key to both more efficient service provision and reduction of environmental and health-related problems. However, it is unclear what factors foster these innovations. One possible candidate factor is increased competition...
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