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Keywords: GMM-SYS
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Journal Articles
Do financial constraints moderate the relationship between innovation subsidies and firms' R&D investment?
Available to Purchase
European Journal of Innovation Management (2022) 25 (2): 347–364.
Published: 30 December 2020
.... Specifically, the authors use the GMM-SYS technique to regress and measure the marginal effects of innovation subsidies size on firms' R&D investment and the influence of firms' financial constraints. Findings The results of this work indicate that financial constraints negatively moderate the effect...
