Small and medium enterprises (SMEs) are considered generators of economic growth, added value, employment and innovation worldwide. They face numerous issues, especially in the early stages of a life cycle, from available sources of financing to strategic and market challenges. Due to its...

The paper aims to examine whether R&D-active companies are financially constrained based on a self-assessment approach. A second aim is to check whether a company's size has any impact on access to capital for R&D-active firms. The study is based on data collected from more than 400 enterprises...

We analyse the effects of monetary policy on mergers and acquisitions (M&A) activity in the United States, both on the aggregate and the firm level. We find that aggregate M&A activity decreases significantly following a monetary policy shock. The aggregate results are confirmed by an analysis...