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Financial Constraints and Likelihood of Product Innovation : Firm-level Evidence from China

Sun, Sizhong - 2020

This paper investigates how financial constraints affect a firm's decision on whether to conduct product innovation. Theoretically, we show that a firm's optimal decision on product innovation is a function of its past decision, financial constraints and a set of control variables. Through...

Persistent link: https://www.econbiz.de/10012838584

Access to Finance, Product Innovation and Middle-Income Traps

Agenor, Pierre-Richard - 2017

This paper studies interactions between access to finance, product innovation, and labor supply in a two-period overlapping generations model with an endogenous skill distribution and credit market frictions. In the model lack of access to finance (induced by high monitoring costs) has an...

Persistent link: https://www.econbiz.de/10012973535

Product innovation in small companies : managing resource scarcity through financial bootstrapping

Löfqvist, Lars - In: International journal of innovation management 21 (2017) 2, pp. 1750020-1-27

Persistent link: https://www.econbiz.de/10011672128

Access to finance, product innovation and middle-income traps

Agénor, Pierre-Richard; Santos Filho, Otaviano Canuto dos - In: Research in economics : an international review of economics 71 (2017) 2, pp. 337-355

Persistent link: https://www.econbiz.de/10011847144

Socio-cognitive perspectives in business venturing

Zunino, Diego - 2018 - 1st edition

when entrepreneurs have experienced business failure in the past. The key insight is that past failure is an ambiguous … rather than a negative signal of entrepreneurial skill. When entrepreneurs provide additional information about their … suggests rhetorical strategies entrepreneurs can exploit to gather resources and achieve competitive advantage. …