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Is R&D financially restrained? : theory and evidence from Irish manufacturing

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dc.creator Bougheas, Spiros P.
dc.creator Görg, Holger
dc.creator Strobl, Eric
dc.date 2001
dc.date.accessioned 2013-10-16T06:21:23Z
dc.date.available 2013-10-16T06:21:23Z
dc.date.issued 2013-10-16
dc.identifier http://hdl.handle.net/10419/2707
dc.identifier ppn:343805367
dc.identifier.uri http://koha.mediu.edu.my:8181/xmlui/handle/10419/2707
dc.description We re-examine the effects of liquidity constraints on R&D investment. In our theoretical section we extend the neoclassical framework of investment in physical capital by introducing R&D and liquidity constraints. We analyse this issue empirically using firm-level data for R&D active manufacturing firms in the Republic of Ireland. Our results provide evidence that R&D investment is financially constrained which is in line with previous studies of US firms.
dc.language eng
dc.publisher Leverhulme Centre for Research on Globalisation and Economic Policy, University of Nottingham Nottingham
dc.relation Research paper / Leverhulme Centre for Research on Globalisation and Economic Policy 2001,16
dc.rights http://www.econstor.eu/dspace/Nutzungsbedingungen
dc.subject ddc:330
dc.subject Betriebliche Forschung
dc.subject Investition
dc.subject Industrielle Forschung
dc.subject Verschuldungsrestriktion
dc.subject Verarbeitendes Gewerbe
dc.subject Irland
dc.title Is R&D financially restrained? : theory and evidence from Irish manufacturing
dc.type doc-type:workingPaper


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