R&D activity and financing constraints: Evidence from Turkey

R&D activity and financing constraints: Evidence from Turkey

We analyze the relationship between financing constraints and firms’ R&D activity using a rich and comprehensive firm-level balance sheet and income statement data set of manufacturing firms in Turkey for the period 1996 to 2013. Using a firm-specific, time-varying financing constraints index, w...

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Bibliographic Details
Main Authors:	Gezici Armağan, Orhangazi Özgür, Yalçın Cihan
Format:	Article
Language:	English
Published:	Economists' Association of Vojvodina 2020-01-01
Series:	Panoeconomicus
Subjects:	r&d investment financing constraint credit constraint internal funds cash flow turkey
Online Access:	http://www.doiserbia.nb.rs/img/doi/1452-595X/2020/1452-595X1800011G.pdf

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