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Keywords: Debt financing
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Journal Articles
Journal:
Baltic Journal of Management
Baltic Journal of Management (2019) 14 (4): 698–715.
Published: 18 October 2019
...Ling Zhang; Sheng Zhang; Yingyuan Guo Purpose The purpose of this paper is to compare the effects of equity financing and debt financing on technological innovation, and prove that the enhancement of a financing system’s risk tolerance for technological innovation can enhance the innovation risk...
