How Financial Market Development Can Encourage Innovation Activity
Author
Abstract
Suggested Citation
Download full text from publisher
References listed on IDEAS
- Lin William Cong & Haoyu Gao & Jacopo Ponticelli & Xiaoguang Yang, 2019. "Credit Allocation Under Economic Stimulus: Evidence from China," The Review of Financial Studies, Society for Financial Studies, vol. 32(9), pages 3412-3460.
- Philippe Aghion & Thibault Fally & Stefano Scarpetta, 2007.
"Credit constraints as a barrier to the entry and post-entry growth of firms [‘Dualism and macroeconomic volatility’],"
Economic Policy, CEPR, CESifo, Sciences Po;CES;MSH, vol. 22(52), pages 732-779.
- Scarpetta, Stefano & Fally, Thibault & Aghion, Philippe, 2007. "Credit Constraints as a Barrier to the Entry and Post-Entry Growth of Firms," Scholarly Articles 4554208, Harvard University Department of Economics.
- Philippe Aghion & Thibault Fally & Stefano Scarpetta, 2007. "Credit constraints as a barrier to the entry and post-entry growth of firms," PSE-Ecole d'économie de Paris (Postprint) hal-00813557, HAL.
- Philippe Aghion & Thibault Fally & Stefano Scarpetta, 2007. "Credit constraints as a barrier to the entry and post-entry growth of firms," Post-Print hal-00813557, HAL.
- Aghion, Philippe & Fally, Thibault & Scarpetta, Stefano, 2007. "Credit Constraints as a Barrier to the Entry and Post-Entry Growth of Firms," IZA Discussion Papers 3237, Institute of Labor Economics (IZA).
- Klapper, Leora & Laeven, Luc & Rajan, Raghuram, 2006.
"Entry regulation as a barrier to entrepreneurship,"
Journal of Financial Economics, Elsevier, vol. 82(3), pages 591-629, December.
- Leora Klapper & Luc Laeven & Raghuram Rajan, 2004. "Entry Regulation as a Barrier to Entrepreneurship," NBER Working Papers 10380, National Bureau of Economic Research, Inc.
- Thomas J. Chemmanur & Karthik Krishnan & Debarshi K. Nandy, 2011.
"How Does Venture Capital Financing Improve Efficiency in Private Firms? A Look Beneath the Surface,"
The Review of Financial Studies, Society for Financial Studies, vol. 24(12), pages 4037-4090.
- Thomas Chemmanur & Karthik Krishnan & Debarshi Nandy, 2008. "How Does Venture Capital Financing Improve Efficiency in Private Firms? A Look Beneath the Surface," Working Papers 08-16, Center for Economic Studies, U.S. Census Bureau.
- Ang, James B., 2010. "Research, technological change and financial liberalization in South Korea," Journal of Macroeconomics, Elsevier, vol. 32(1), pages 457-468, March.
- Bronwyn H. Hall & Nathan Rosenberg (ed.), 2010. "Handbook of the Economics of Innovation," Handbook of the Economics of Innovation, Elsevier, edition 1, volume 1, number 1.
- William R. Kerr & Ramana Nanda & Matthew Rhodes-Kropf, 2014.
"Entrepreneurship as Experimentation,"
Journal of Economic Perspectives, American Economic Association, vol. 28(3), pages 25-48, Summer.
- William R. Kerr & Ramana Nanda & Matthew Rhodes-Kropf, 2014. "Entrepreneurship as Experimentation," NBER Working Papers 20358, National Bureau of Economic Research, Inc.
- Rajan, Raghuram G, 1992. "Insiders and Outsiders: The Choice between Informed and Arm's-Length Debt," Journal of Finance, American Finance Association, vol. 47(4), pages 1367-1400, September.
- Hsu, Po-Hsuan & Tian, Xuan & Xu, Yan, 2014. "Financial development and innovation: Cross-country evidence," Journal of Financial Economics, Elsevier, vol. 112(1), pages 116-135.
- James R. Brown & Steven M. Fazzari & Bruce C. Petersen, 2009. "Financing Innovation and Growth: Cash Flow, External Equity, and the 1990s R&D Boom," Journal of Finance, American Finance Association, vol. 64(1), pages 151-185, February.
- repec:oup:ecpoli:v:22:y:2007:i::p:731-779 is not listed on IDEAS
- Mann, William, 2018. "Creditor rights and innovation: Evidence from patent collateral," Journal of Financial Economics, Elsevier, vol. 130(1), pages 25-47.
- Fabrizio Zilibotti, 2017. "Growing and Slowing Down Like China," Journal of the European Economic Association, European Economic Association, vol. 15(5), pages 943-988.
- Chava, Sudheer & Oettl, Alexander & Subramanian, Ajay & Subramanian, Krishnamurthy V., 2013. "Banking deregulation and innovation," Journal of Financial Economics, Elsevier, vol. 109(3), pages 759-774.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Ramana Nanda & William R. Kerr, 2015.
"Financing Innovation,"
Annual Review of Financial Economics, Annual Reviews, vol. 7(1), pages 445-462, December.
- William R. Kerr & Ramana Nanda, 2014. "Financing Innovation," NBER Working Papers 20676, National Bureau of Economic Research, Inc.
- Kerr, William R. & Nanda, Ramana, 2015. "Financing innovation," Bank of Finland Research Discussion Papers 28/2015, Bank of Finland.
- Ramana Nanda & William R. Kerr, 2015.
"Financing Innovation,"
Annual Review of Financial Economics, Annual Reviews, vol. 7(1), pages 445-462, December.
- William R. Kerr & Ramana Nanda, 2014. "Financing Innovation," NBER Working Papers 20676, National Bureau of Economic Research, Inc.
- Kerr, William R. & Nanda, Ramana, 2015. "Financing innovation," Research Discussion Papers 28/2015, Bank of Finland.
- repec:zbw:bofrdp:2015_028 is not listed on IDEAS
- repec:zbw:bofrdp:urn:nbn:fi:bof-201512141480 is not listed on IDEAS
- Mao, Yifei, 2021. "Managing innovation: The role of collateral," Journal of Accounting and Economics, Elsevier, vol. 72(1).
- repec:bof:bofrdp:urn:nbn:fi:bof-201512141480 is not listed on IDEAS
- Çağatay Bircan & Ralph De Haas, 2020.
"The Limits of Lending? Banks and Technology Adoption across Russia,"
The Review of Financial Studies, Society for Financial Studies, vol. 33(2), pages 536-609.
- Bircan, Cagatay & de Haas, R., 2015. "The Limits of Lending : Banks and Technology Adoption Across Russia," Other publications TiSEM d7a436de-83f6-4551-aaf9-0, Tilburg University, School of Economics and Management.
- Çagatay Bircan & Ralph de Haas, 2015. "The Limits of Lending: Banks and Technology Adoption across Russia," CESifo Working Paper Series 5461, CESifo.
- Bircan, Cagatay & de Haas, R., 2015. "The Limits of Lending : Banks and Technology Adoption Across Russia," Other publications TiSEM 8bd438b2-0e15-4fed-afc4-d, Tilburg University, School of Economics and Management.
- Bircan, Cagatay & de Haas, R., 2015. "The Limits of Lending : Banks and Technology Adoption Across Russia," Discussion Paper 2015-011, Tilburg University, Center for Economic Research.
- De Haas, Ralph & Bircan, Cagatay, 2019. "The Limits of Lending? Banks and Technology Adoption across Russia," CEPR Discussion Papers 13663, C.E.P.R. Discussion Papers.
- Levine, Oliver & Warusawitharana, Missaka, 2021.
"Finance and productivity growth: Firm-level evidence,"
Journal of Monetary Economics, Elsevier, vol. 117(C), pages 91-107.
- Oliver Levine & Missaka Warusawitharana, 2014. "Finance and Productivity Growth: Firm-level Evidence," Finance and Economics Discussion Series 2014-17, Board of Governors of the Federal Reserve System (U.S.).
- Lee, Jiyoon, 2022. "Do firms use credit lines to support investment opportunities?: Evidence from success in R&D," Journal of Empirical Finance, Elsevier, vol. 69(C), pages 1-14.
- Filippo Mezzanotti, 2021. "Roadblock to Innovation: The Role of Patent Litigation in Corporate R&D," Management Science, INFORMS, vol. 67(12), pages 7362-7390, December.
- Acharya, Viral & Xu, Zhaoxia, 2017.
"Financial dependence and innovation: The case of public versus private firms,"
Journal of Financial Economics, Elsevier, vol. 124(2), pages 223-243.
- Viral V. Acharya & Zhaoxia Xu, 2013. "Financial Dependence and Innovation: The Case of Public versus Private Firms," NBER Working Papers 19708, National Bureau of Economic Research, Inc.
- Acharya, Viral, 2014. "Financial Dependence and Innovation: The Case of Public versus Private Firms," CEPR Discussion Papers 9829, C.E.P.R. Discussion Papers.
- Guney, Yilmaz & Karpuz, Ahmet & Ozkan, Neslihan, 2017. "R&D investments and credit lines," Journal of Corporate Finance, Elsevier, vol. 46(C), pages 261-283.
- Jason Roderick Donaldson & Giorgia Piacentino & Anjan Thakor, 2021.
"Intermediation Variety,"
Journal of Finance, American Finance Association, vol. 76(6), pages 3103-3152, December.
- Jason Roderick Donaldson & Giorgia Piacentino & Anjan Thakor, 2019. "Intermediation Variety," NBER Working Papers 25946, National Bureau of Economic Research, Inc.
- Boikos, Spyridon & Bournakis, Ioannis & Christopoulos, Dimitris & McAdam, Peter, 2023.
"Financial reforms and innovation: A micro–macro perspective,"
Journal of International Money and Finance, Elsevier, vol. 132(C).
- Spyridon Boikos & Ioannis Bournakis & Dimitris Christopoulos & Peter McAdam, 2021. "Financial Reforms and Innovation: A Micro-Macro Perspective," Discussion Paper Series 2021_08, Department of Economics, University of Macedonia, revised Jun 2021.
- Boikos, Spyridon & Bournakis, Ioannis & Christopoulos, Dimitris & McAdam, Peter, 2021. "Financial reforms and innovation: a micro-macro perspective," Working Paper Series 2544, European Central Bank.
- Jan Starmans, 2023. "Technological Determinants of Financial Constraints," Management Science, INFORMS, vol. 69(5), pages 3003-3024, May.
- Yuliyan Mitkov, 2020. "A Theory of Debt Maturity and Innovation," ECONtribute Discussion Papers Series 050, University of Bonn and University of Cologne, Germany.
- McKee, Eric, 2022. "Risk-shifting: Evidence from the 2007 credit crisis," The North American Journal of Economics and Finance, Elsevier, vol. 62(C).
- Hasan, Iftekhar & (Stan) Hoi, Chun-Keung & Wu, Qiang & Zhang, Hao, 2020. "Is social capital associated with corporate innovation? Evidence from publicly listed firms in the U.S," Journal of Corporate Finance, Elsevier, vol. 62(C).
- William R. Kerr & Ramana Nanda & Matthew Rhodes-Kropf, 2014.
"Entrepreneurship as Experimentation,"
Journal of Economic Perspectives, American Economic Association, vol. 28(3), pages 25-48, Summer.
- William R. Kerr & Ramana Nanda & Matthew Rhodes-Kropf, 2014. "Entrepreneurship as Experimentation," NBER Working Papers 20358, National Bureau of Economic Research, Inc.
- Luo, Yonggen & Wang, Deli & Hu, Shiyang, 2024. "Patent collateral and the trajectory of innovation," Pacific-Basin Finance Journal, Elsevier, vol. 84(C).
- Giebel, Marek & Kraft, Kornelius, 2020. "Bank credit supply and firm innovation behavior in the financial crisis," Journal of Banking & Finance, Elsevier, vol. 121(C).
- Shi, Yukun & Zhu, Kairan, 2024. "Unraveling the impact of bank loan spread on corporate innovation: Evidence from China," Economic Modelling, Elsevier, vol. 130(C).
- Diego Comin & Ramana Nanda, 2019.
"Financial Development and Technology Diffusion,"
IMF Economic Review, Palgrave Macmillan;International Monetary Fund, vol. 67(2), pages 395-419, June.
- Comin, Diego & Nanda, Ramana, 2014. "Financial Development and Technology Diffusion," CEPR Discussion Papers 10251, C.E.P.R. Discussion Papers.
- Diego Comin & Ramana Nanda, 2014. "Financial Development and Technology Diffusion," Harvard Business School Working Papers 15-036, Harvard Business School, revised Dec 2018.
More about this item
Keywords
Private Sector Development-Emerging Markets Private Sector Development-Private Sector Economics Science and Technology Development-Innovation Science and Technology Development-Research and Development Finance and Financial Sector Development-Finance and Development;Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:wbk:wboper:36567. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Tal Ayalon (email available below). General contact details of provider: https://edirc.repec.org/data/dvewbus.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.