This study examines the consequences of loan denials for the investment performance of small and medium-sized German … investment than non-innovative companies. The non-randomness of loan denials is controlled for with a selection equation …

mezzanine capital, when facing a loan denial. -- Investment ; loan availability ; innovation ; private equity …This study examines the consequences of loan denials for the investment performance of small and medium-sized German … investment than non-innovative companies. The non-randomness of loan denials is controlled for with a selection equation …

effects on product innovation in the consumer-goods sector. We combine highly granular retail-scan data with lending data from … innovation. Overall, these findings suggest that disruptions to credit markets make firms innovate less and less boldly …

We analyze the spillover effect of fixed asset investment incentive on firm innovation by estimating the influence of … asset investment incentive significantly reduces firm innovation. In a simple model, we show that the reduction could arise … because some firms choose to upgrade their technology given the investment incentive, and the upgrade crowds out innovation …

innovative development, researches the present state of investment provision of innovative activities in Ukraine for every source …

private equity investment would make commercial banks riskier …