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Financial Dependence and Innovation: The Case of Public versus Private Firms

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NBER2013-12-01 更新2025-01-04 收录
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https://www.nber.org/papers/w19708
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This paper examines the relationship between innovation and firms' dependence on external capital by analyzing the innovation activities of privately-held and publicly-traded firms. We find that public firms in external finance dependent industries generate patents of higher quantity, quality, and
提供机构:
美国国家经济研究局
创建时间:
2013-12-01
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