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An important theoretical literature motivates collateral as a mechanism that mitigates adverse selection, credit rationing, and other inefficiencies that arise when borrowers hold ex ante private information. There is no clear empirical evidence regarding the central implication of this...
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innovation. The book is extensively researched and provides compelling insights for IPR managers, technology investors and … policymakers trying to promote the efficiency of capital markets and national systems of innovation. Knut Blind, Berlin University … technological innovation has become a central issue in public policy, corporate finance and business management. This detailed book …
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