Arora A Fosfuri A and Gambardella A 2001 Markets for Technology MIT Press

Arora a fosfuri a and gambardella a 2001 markets for

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Arora, A., Fosfuri, A. and Gambardella, A. (2001). Markets for Technology . MIT Press, Cambridge, MA, USA. Arrow, K.J. (1962). “Economic welfare and the allocation of resources for invention”, in Nelson, R. (Ed.), The Rate and Direction of Inventive Activity . Princeton University Press, Princeton, NJ, USA. Audretsch, D.B. and Lehmann, E.E. (2004). “Financing high-tech growth: The role of banks and venture capitalists”. Schmalenbach Business Review , (56), pp. 340–357. Auerbach, A.J. (1984). “Taxes, firm financial policy, and the cost of capital: An empirical analysis”. Journal of Public Economics, (23), pp. 27-57. Avnimelech, G. and Teubal, M. (2004). “Emergence and development of venture capital in Israel and the role of policy: a macro / microeconomic perspective”, in Bartzokas, A. and Mani, S. (eds.), Financial Systems, Corporate Investment in Innovation and Venture Capital. Edward Elgar, London, UK. Bank of England. (2001). Finance for Small Firms – An Eighth Report . Domestic Finance Division, Bank of England, London. Bergemann, D. and Hege, U. (1998). “Venture capital financing, moral hazard, and learning”. Journal of Banking and Finance, (22), pp. 703-735. Bhagat, S. and Welch, I. (1995). “Corporate research and development investments: International comparisons”. Journal of Accounting and Economics, (19), March-May. Bhattacharya, S. and Ritter, J.R. (1983). “Innovation and communication: Signalling with partial disclosure”. Review of Economic Studies, (50:2), pp. 331-346. Blair, M.M. and Litan, R.E. (1990). Corporate Leverage and Leveraged Buyouts in the Eighties , Brookings Institution, Washington, DC, USA. Blass, A.A. and Yosha, O. (2003). “Financing R&D in mature companies: An empirical analysis”. Economics of Innovation and New Technology , (12:5), pp. 425-447. Bond, S., Harhoff, D. and Van Reenen, J. (1999). “Investment, R&D, and financial constraints in Britain and Germany”. Institute of Fiscal Studies Working Paper No. 99/5, London. Bougheas, S., Görg, H. and Strobl, E. (2001). “Is R&D financially constrained? Theory and evidence from Irish manufacturing”. Review of Industrial Organization , (22:2), pp. 159-174.
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26 Volume14 N°2 2009 EIB PAPERS Brown, J. R. and Petersen, B.C. (2009). “Why has the investment-cash flow sensitivity declined so sharply? Rising R&D and equity market developments”. Journal of Banking and Finance, (33): pp. 971-984. Brown, J.R., Fazzari, S.M. and Petersen, B.C. (2009). “Financing innovation and growth: Cash flow, external equity, and the 1990s R&D boom”. Journal of Finance , (64:1), pp. 151-185. Brown, W. (1997). “R&D intensity and finance: Are innovative firms financially constrained?”. London School of Economics Financial Market Group, London, UK. Canepa, A. and Stoneman, P. (2008). “Financial constraints to innovation in the UK: evidence from CIS2 and CIS3”. Oxford Economic Papers , (60), pp. 711-730. Campbell, J. Y., Lo, A.W. and MacKinlay, A.C. (1997). The cconometrics of financial markets . Princeton University Press, Princeton, NJ, USA. Cho, S. (1992). “Agency costs, management stockholding, and research and development expenditures”. Seoul Journal of Economics , (5:2), pp. 127-152.
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