Patents as Quality Signals? The Implications for Financing Constraints on R&D
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https://www.nber.org/papers/w19947
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资源简介：
Information about the success of a new technology is usually held asymmetrically between the research and development (R&D)-performing firm and potential lenders and investors. This raises the cost of capital for financing R&D externally, resulting in financing constraints on R&D especially for
提供机构：
美国国家经济研究局
创建时间：
2014-02-01
