Technology and Financial Structure: Are Innovative Firms Different?
We use data on publicly traded U.K. firms to investigate whether financing choices differ systematically with R&D; intensity. As well as looking at a balance sheet measure of the debt/assets ratio, we also consider the probability of raising finance by issuing new equity, and the shares of b...
| Main Authors: | , , , |
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| Format: | Journal article |
| Language: | English |
| Published: |
MIT Press
2004
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