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Financial Constraints on Innovation: A European Cross Country Study
The authors of the report use responses to the second Community Innovation Survey to investigate the relative importance of finance as a constraint to innovation in Europe and also to explore differences across industries, countries, and firm sizes in the importance of any finance constraints. The findings are related to theoretical propositions and existing empirical literature.
Link
http://www.intech.unu.edu/publications/eifc-tf-papers/eifc02-11.pdf