In this paper, we estimate the effect of subsidies granted by the Flemish government(northern region of Belgium) on R&D spending and R&D employment in recipient firms. As econometric treatment effects studies…
In this working paper we analyse bank screening with regard to the use of hard and soft information. We are interested in differences in the effect of an external credit rating on the use of bank finance, the…
Contributions to Edited Volumes and Conference Proceedings
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2012
Young Innovative Companies (YICs) recently gained attention in economic literature and in European policy. YICs are small, young and highly intensively engaged in innovation activities. Due to these…