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Keywords: Financial constraints
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Journal Articles
European Journal of Innovation Management (2022) 25 (6): 804–820.
Published: 22 June 2022
... the impacts of digital finance on enterprises' innovation performance by looking at Chinese companies listed on the SME and GEM boards from 2011 to 2018 to build an econometric model to test our hypotheses. The mediating effect of government subsidies, the moderating effect of financial constraints...
Journal Articles
Do financial constraints moderate the relationship between innovation subsidies and firms' R&D investment?
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European Journal of Innovation Management (2022) 25 (2): 347–364.
Published: 30 December 2020
...Enrique Acebo; José-Ángel Miguel-Dávila; Mariano Nieto Purpose The purpose of this paper is to analyse whether the effect of innovation subsidies on firms' R&D investment varies depending on whether the firm is suffering from financial constraints. Design/methodology/approach To address...
Journal Articles
European Journal of Innovation Management (2020) 23 (2): 291–313.
Published: 25 September 2019
... and access to external finance. Asymmetric information has been recognized as a generic source of market failure in buyer–seller commodity markets (Akerlof, 1970) as well investor–investee capital markets (Myers and Majluf, 1984). Financial constraints can stem from asymmetric and imperfect...
