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This paper studies interactions between access to finance, product innovation, and labor supply in a two … finance (induced by high monitoring costs) has an adverse effect on innovation activity not only directly but also indirectly … share of the labor force engaged in innovation activity, and low growth. A sufficiently ambitious policy aimed at …
Persistent link: https://www.econbiz.de/10011396051
This paper studies interactions between access to finance, product innovation, and labor supply in a two … finance (induced by high monitoring costs) has an adverse effect on innovation activity not only directly but also indirectly … share of the labor force engaged in innovation activity, and low growth. A sufficiently ambitious policy aimed at …
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finance generates more innovation and industrial emergence …
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