RyD intensity for small firms is high and persistent over time. At the same time, small firms are often financially constrained. This paper proposes a theoretical model that explains the coexistence of these two stylized facts. It is shown that self-fina
Our model shows that firm's debt-equity ratio decreases with R&D investment returns, firms' R&D spec...
This study tests for financial constraints on R&D investment and how they differ from capital invest...
Evidence on the 'funding gap' for R&D is surveyed. The focus is on financial market reasons for unde...
Can technological misallocation generate financial frictions? We build a theoretical model with test...
RyD intensity for small firms is high and persistent over time. At the same time, small firms are of...
Using direct information on financial constraints from questionnaires, rather than the commonly used...
This paper examines the sensitivity of firms'' R&D expenditures to being externally financial constr...
This paper proposes a structural model that analyses the way financing constraints affect investment...
This paper investigates the interaction between investment decisions, company foreclosure, and capit...
Can technological misallocation generate financial frictions? We build a theoretical model with test...
Borrowing constraints are believed to limit households\u27 ability to undertake entrepreneurial proj...
This doctoral dissertation focuses on measuring financial constraints for industrial R&D and the ide...
My thesis consists of three chapters on banking, financial markets, financial frictions and their im...
Is there any such thing as too much capital when it comes to the financing of innovative projects? W...
This paper uses firm level data from a cross-section of 57 countries to study how financial developm...
Our model shows that firm's debt-equity ratio decreases with R&D investment returns, firms' R&D spec...
This study tests for financial constraints on R&D investment and how they differ from capital invest...
Evidence on the 'funding gap' for R&D is surveyed. The focus is on financial market reasons for unde...
Can technological misallocation generate financial frictions? We build a theoretical model with test...
RyD intensity for small firms is high and persistent over time. At the same time, small firms are of...
Using direct information on financial constraints from questionnaires, rather than the commonly used...
This paper examines the sensitivity of firms'' R&D expenditures to being externally financial constr...
This paper proposes a structural model that analyses the way financing constraints affect investment...
This paper investigates the interaction between investment decisions, company foreclosure, and capit...
Can technological misallocation generate financial frictions? We build a theoretical model with test...
Borrowing constraints are believed to limit households\u27 ability to undertake entrepreneurial proj...
This doctoral dissertation focuses on measuring financial constraints for industrial R&D and the ide...
My thesis consists of three chapters on banking, financial markets, financial frictions and their im...
Is there any such thing as too much capital when it comes to the financing of innovative projects? W...
This paper uses firm level data from a cross-section of 57 countries to study how financial developm...
Our model shows that firm's debt-equity ratio decreases with R&D investment returns, firms' R&D spec...
This study tests for financial constraints on R&D investment and how they differ from capital invest...
Evidence on the 'funding gap' for R&D is surveyed. The focus is on financial market reasons for unde...