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| Author: | Canepa, A. Stoneman, P. |
| Title: | Financial constraints to innovation in the UK: evidence from CIS2 and CIS3 |
| Journal: | Oxford Economic Papers
2008 : OCT, VOL. 60:4, p. 711-730 |
| Index terms: | finance innovation surveys United Kingdom |
| Language: | eng |
| Abstract: | This study examines the role financial factors (hereafter as: fin-fcts.) as constraints to innovation in the U.K. using data on individual returns to the second and third Community Innovation Surveys (CIS). It is found that fin-fcts. do impact on innovative activity and that impact is more severe in higher tech sectors and for smaller enterprises. These results extend but largely confirm the results in the literature etc. |
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