Showing 121 - 130 of 112,217
In the literature there is a controversy about the relevance of the spatial dimension in innovation collaboration. We examine the link between the spatial composition of group members and group characteristics which are important for performing innovation projects. To this end, we introduce a...
Persistent link: https://www.econbiz.de/10011303827
In this explorative study, we adopt a knowledge-centred perspective on clusters and investigate whether clusters' internal structure explains clusters' external (knowledge) collaborative strategies. All in all, the main analytical issue underlying this paper is the following: do internal...
Persistent link: https://www.econbiz.de/10011477084
In times of digitalization, firms increasingly need to form alliances due to the higher complexity and greater dynamics of markets. Digital innovation poses challenges for established institutions (e.g., banks) in adapting to changing rules that are set by new competitors and higher customer...
Persistent link: https://www.econbiz.de/10011867668
A recent string of theoretical papers has highlighted the importance of geographical distance in explaining loan rates for small firms.Lenders located in the vicinity of small firms face significantly lower transportation and monitoring costs, and hence wield considerable market power, if...
Persistent link: https://www.econbiz.de/10011091782
Do private banks act as hard-nosed bankers when firms get financially distressed compared to public banks that have the mandate to support regional economy? For German firms in the period 2000-2005, I find that the probability of leaving the market after financial distress is higher for firms...
Persistent link: https://www.econbiz.de/10010299467
Do private banks act as hard-nosed bankers when firms get financially distressed compared to public banks that have the mandate to support regional economy? For German firms in the period 2000-2005, I find that the probability of leaving the market after financial distress is higher for firms...
Persistent link: https://www.econbiz.de/10003893124
A string of theoretical papers shows that the non-exclusivity of credit contracts generates important negative … contractual externalities. Employing a unique dataset, we identify how these externalities affect the supply of credit. Using … internal information on a creditor's willingness to lend, we find that a creditor reduces its credit supply when a borrower …
Persistent link: https://www.econbiz.de/10009532304
We investigate the network structure of syndicated lending markets and evaluate the impact of lenders' network centrality, considered as measures of their experience and reputation, on borrowing costs. We show that the market for syndicated loans is a “small world” characterized by large...
Persistent link: https://www.econbiz.de/10013128352
the same firm tends to receive credit via different lending technologies. This complementarity across technologies may …
Persistent link: https://www.econbiz.de/10013132028
By applying factor analysis to unique data on loan screening for small and medium-sized enterprises (SMEs) in Japan, we investigate the factors that banks actually evaluate when underwriting commercial loans. We find that banks emphasize three factors when they decide whether to grant loans: the...
Persistent link: https://www.econbiz.de/10013117601