Unleash liquidity constraints or competitiveness potential: The impact of R&D grant on external financing on innovation
This paper uses Korea's internal data on R&D programs to analyze how the receiving of R&D impacts the amount of subsequent external financing for technological innovation received by R&D firms. We address sample selection and endogeneity issues that arise when estimating the impact...
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| Format: | Article |
| Language: | Spanish |
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Elsevier
2022-09-01
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| Series: | European Research on Management and Business Economics |
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| Online Access: | http://www.sciencedirect.com/science/article/pii/S2444883422000018 |