Financial Constraint Effects on R&D: Evidence from US Firms
Recently, R&D has become increasingly significant inputs for innovations. Compared with capital investments, R&D investment is more susceptible to financial constraints because R&D investments suffer more asymmetric information and lack collateral value. However, a large number of relate...
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| Format: | Dissertation (University of Nottingham only) |
| Language: | English |
| Published: |
2016
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| Online Access: | https://eprints.nottingham.ac.uk/36777/ |