Financing Innovation and R&D

For more info about our services contact : help@bestpfe.com

Table of contents

1 Introduction
2 Literature review
2.1 Innovation
2.2 Innovation and economic growth
2.3 R&D characteristics
2.4 Financing Innovation and R&D
2.4.1 Equity financing of R&D
2.4.2 Debt financing of R&D
2.4.3 Financing R&D with internal resources
2.5 Background literature related to financing constraints
2.6 A framework for innovation requirements and results
3 Methodological considerations and data description
3.1 R&D regression as an empirical approach
3.2 Investment-cash flow sensitivity and its limitations
3.3 Description of the variables
3.4 Data source and sample characteristic
4 Results
4.1 R&D investment in high-tech publicly listed firms
5 Discussion
5.1 financing of R&D in small high-tech Swedish firms
5.1.1 General characteristics of R&D investments
5.1.2 R&D pro-cyclicality in aftermath of the global financial crisis
5.1.3 Firms age
5.2 Financing constraints and R&D investments
5.3 Role of firms and other institutions in reducing financing constraints
5.4 limitations of the study
6 Conclusion
References