Subsidiaries of foreign multinational enterprises (MNEs) are among the top performers of research, development and innovation in many EU and non-EU countries. In some small European countries - examples are…
Building up close main-bank relationships can be beneficial to small and medium sized firms for several reasons. For mature firms, relationship lending eases access to bank finance and positively affects firm…
This article explores whether the heterogeneous costs of disclosure induced by patenting can serve as an explanation for the empirically observed heterogeneity of the propensity to patent across firms. A…
While the benefits of patents for society as well as for patentees have extensively been studied in the theoretical and empirical economics of innovation literature, researchers in recent years have more and…