This study tests for financial constraints on R&D investment and how they differ from capital
investment. To identify constraints in the access to external capital, we employ a credit rating …

This paper analyzes the effect of public R&D subsidies on firms' private R&D investment per
employee and new product sales in German manufacturing. Parametric and semiparametric …

Circular economy (CE) describes a concept that aims at saving resources by minimizing the
use of material and energy over the entire life‐cycle of products, including production and …

In this study, we examine the predictive performance of a wide class of binary classifiers
using a large sample of international credit ratings changes from the period 1983–2013 …

Abstract Young Innovative Companies (YIC) gained increasing attention from governments
and scholars owing to their expected high innovative performance and growth …

Purpose–The purpose of this paper is to examine whether socially responsible firms behave
differently from other firms in terms of financial risk using US-based firms from 1991 to 2012 …

This work analyzes the relation between the judicial system and financial constraints,
investigating whether inefficiency in enforcing credit rights can amplify companies' difficulties …

Considering the dearth of research on the impact of sustainability reporting practices on
financial stability in the context of transition economies, this study aims to explore …

This paper empirically investigates a sample of German domestic merger and acquisitions
(M&As) in the 1990s to analyze the importance of a related technology portfolio in the …

We analyze financial constraints on R&D, where we account for heterogeneity among
investments that has been neglected in previous literature. According to economic theory …