Financial Development And Innovation In Small Firms

Financial Development And Innovation In Small Firms / Sharma, Siddharth

This paper uses firm level data from a cross-section of 57 countries to study how financial development affects innovation in small firms. The analysis finds that relative to large firms in the same industry, spending on research and development by small firms is more likely and sizable in countries...

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Hauptverfasser:Sharma, Siddharth
Format: Online-Resource
Sprache:Englisch
Veröffentlicht:Washington, D.C : The World Bank, 2007
Schlagworte:
Erziehung
Access to Finance
Debt Markets
Education
External finance
Finance and Financial Sector Development
Financial Development
Financial market
Financial systems
Firm performance
Informational asymmetries
International Bank
Lenders
Market failures
Microfinance
Science Education
Science and Technology Development
Scientific Research and Science Parks
Small loan
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