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This paper aims to assess the effect of competition on firm-level innovation. The sample comprises the world's top corporate R&D spenders over the period 2007 to 2016. We use an industry-year indicator, the inverse of the Lerner Index, to measure the competition level. R&D expenditures are used...
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This paper aims at assessing the relationship between the possible existence of financial constraints and the decisions of Belgian private firms as regards their investments in both capital and R&D investments over the last decade. The main system GMM estimates from the error-correction...
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