Science systems in nearly all OECD countries have experienced increasing pressures for change. These pressures reflect new challenges that go beyond the important issue of ensuring sustained funding for the research enterprise as a whole. These challenges must be addressed in the broader...

We examine how investor-level tax incentives affect financing for start-ups using the introduction of a generous tax deduction for qualified angel and VC investment in China as a quasi-natural experiment. We find that the tax incentive increases funding for eligible start-ups, with stronger...

The rapid development of digital finance has transformed traditional financial institutions. We investigate the effect and economic consequences of bank digital transformation on corporate financial constraints using data from China. The results show that bank digital transformation alleviates...

"Organised crime and financial crime are pressing global problems, increasingly recognized as policy priorities both by national governments and international bodies and corporations. This proudly interdisciplinary collection is built on the premise that these topics are too often artificially...