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Adverse selection and financing of innovation: is there a need for R&D subsidies?
16 references·16 citing·31 second hopsampled
Adverse selection and financing of innovation: is there a need for R&D subsidies? (2009)Adverse selection and financing of innova…Credit Rationing in Markets With Imperfect Information (2007)Credit Rationing in Markets W…The Financing of Research and Development (2002)The Financing of Research and…Financial Intermediation, Loanable Funds, and The Real Sector (1997)Financial Intermediation, Loa…Capital-Market Imperfections and Investment (1997)Capital-Market Imperfections …R & D and Internal Finance: A Panel Study of Small Firms in High-Tech Industries (1994)R & D and Internal Finance: A…Reputation Acquisition in Debt Markets (1989)Reputation Acquisition in Deb…Deposit Insurance, Risk, and Market Power in Banking (1988)Deposit Insurance, Risk, and …Screening vs. Rationing in Credit Markets with Imperfect Information (1985)Screening vs. Rationing in Cr…The market for “lemons”: quality uncertainty and the market mechanism (1984)The market for “lemons”: qual…Financial Intermediation and Delegated Monitoring (1984)Financial Intermediation and …Corporate Financing and Investment Decisions When Firms Have InformationThat Investors Do Not Have (1984)Corporate Financing and Inves…Corporate financing and investment decisions when firms have information that investors do not have (1984)Corporate financing and inves…Credit Rationing in Markets with Imperfect Information (1981)Credit Rationing in Markets w…Informational Asymmetries, Financial Structure, and Financial Intermediation (1977)Informational Asymmetries, Fi…INFORMATIONAL ASYMMETRIES, FINANCIAL STRUCTURE, AND FINANCIAL INTERMEDIATION (1977)INFORMATIONAL ASYMMETRIES, FI…The Market for "Lemons": Quality Uncertainty and the Market Mechanism (1970)The Market for "Lemons": Qual…Government innovation subsidies, green technology innovation and carbon intensity of industrial firms (2024)Government innovation subsidi…Can direct innovation subsidies relax SMEs’ financial constraints? (2022)Can direct innovation subsidi…The effects of government subsidies on new energy vehicle enterprises: The moderating role of intelligent transformation (2020)The effects of government sub…Government subsidies, R&D investment and innovation performance: analysis from pharmaceutical sector in China (2020)Government subsidies, R&D inv…Strategic knowledge management within subsidised entrepreneurial university-industry partnerships (2019)Strategic knowledge managemen…The impact of government-supported participative loans on the growth of entrepreneurial ventures (2018)The impact of government-supp…The effect of GVC embeddedness on productivity improvement: From the perspective of R&D and government subsidy (2018)The effect of GVC embeddednes…The certification effect of government R&D subsidies on innovative entrepreneurial firms’ access to bank finance: evidence from China (2018)The certification effect of g…The firm-level innovation impact of public R&D funding: Evidence from the German renewable energy sector (2017)The firm-level innovation imp…The distinct signaling effects of R&D subsidy and non-R&D subsidy on IPO performance of IT entrepreneurial firms in China (2017)The distinct signaling effect…Signaling through government subsidy: Certification or endorsement (2017)Signaling through government …Dipping in the policy mix: Do R&D subsidies foster behavioral additionality effects of R&D tax credits? (2015)Dipping in the policy mix: Do…Tax incentives… or subsidies for business R&D? (2014)Tax incentives… or subsidies …Market failures and the additionality effects of public support to private R&D: Theory and empirical implications (2013)Market failures and the addit…Bank Competition and Collateral: Theory and Evidence (2012)Bank Competition and Collater…Picking the winner? Empirical evidence on the targeting of R&D subsidies to start-ups (2011)Picking the winner? Empirical…Increases in risk and in risk aversion (1974)Risk Sharing and Incentives in the Principal and Agent Relationship (1979)The Benefits of Lending Relationships: Evidence from Small Business Data (1994)Financial Dependence and Growth (1996)Monitoring and Reputation: The Choice between Bank Loans and Directly Placed Debt (1991)Credit Cycles (1997)Liquidity Risk, Liquidity Creation, and Financial Fragility: A Theory of Banking (2001)Tracing the Impact of Bank Liquidity Shocks: Evidence from an Emerging Market (2008)Deciphering the Liquidity and Credit Crunch 2007–2008 (2009)The arbitrage theory of capital asset pricing (1976)Moral Hazard and Observability (1979)Bank Runs, Deposit Insurance, and Liquidity (1983)Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Determinants of corporate borrowing (1977)The Determination of Financial Structure: The Incentive-Signalling Approach (1977)The Capital Structure Puzzle (1984)The Determinants of Capital Structure Choice (1988)Event Studies in Economics and Finance (1997)Job Market Signaling (1973)The Role of the State in Financial Markets (1993)Understanding Financial Crises: A Developing Country Perspective (1996)Social Media Brand Community and Consumer Behavior: Quantifying the Relative Impact of User- and Marketer-Generated Content (2012)The Evolution of Cooperation (1981)The Resource-Based Theory of Competitive Advantage: Implications for Strategy Formulation (1991)The Cash Flow Sensitivity of Cash (2004)CEO Overconfidence and Corporate Investment (2005)Corporate social responsibility and access to finance (2013)Initial Public Offerings and Underwriter Reputation (1990)The Economic Consequences of Legal Origins (2008)A Survey of Corporate Governance (1997)Information asymmetry, corporate disclosure, and the capital markets: A review of the empirical disclosure literature (2001)
this work references cited by second hop· second hop is a sample of the most-cited connections

References

  • 1970The Market for "Lemons": Quality Uncertainty and the Market Mechanism22,977 cited
  • 1984Corporate financing and investment decisions when firms have information that investors do not have18,936 cited
  • 1981Credit Rationing in Markets with Imperfect Information12,762 cited
  • 1984Financial Intermediation and Delegated Monitoring8,393 cited
  • 1984Corporate Financing and Investment Decisions When Firms Have InformationThat Investors Do Not Have6,535 cited
  • 1977INFORMATIONAL ASYMMETRIES, FINANCIAL STRUCTURE, AND FINANCIAL INTERMEDIATION4,056 cited
  • 1997Financial Intermediation, Loanable Funds, and The Real Sector3,910 cited
  • 1977Informational Asymmetries, Financial Structure, and Financial Intermediation3,772 cited
  • 1997Capital-Market Imperfections and Investment2,600 cited
  • 1984The market for “lemons”: quality uncertainty and the market mechanism2,323 cited
  • 2002The Financing of Research and Development1,800 cited
  • 1988Deposit Insurance, Risk, and Market Power in Banking1,782 cited
  • 1989Reputation Acquisition in Debt Markets1,627 cited
  • 2007Credit Rationing in Markets With Imperfect Information1,562 cited
  • 1985Screening vs. Rationing in Credit Markets with Imperfect Information

Only edges whose both ends are imported exist here. Widen the year window, or show the whole map. Back to the work

1,432 cited
  • 1994R & D and Internal Finance: A Panel Study of Small Firms in High-Tech Industries1,284 cited
  • Cited by

    • 2017The distinct signaling effects of R&D subsidy and non-R&D subsidy on IPO performance of IT entrepreneurial firms in China222 cited
    • 2020Government subsidies, R&D investment and innovation performance: analysis from pharmaceutical sector in China202 cited
    • 2020The effects of government subsidies on new energy vehicle enterprises: The moderating role of intelligent transformation186 cited
    • 2014Tax incentives… or subsidies for business R&D?176 cited
    • 2017The firm-level innovation impact of public R&D funding: Evidence from the German renewable energy sector138 cited
    • 2018The certification effect of government R&D subsidies on innovative entrepreneurial firms’ access to bank finance: evidence from China131 cited
    • 2011Picking the winner? Empirical evidence on the targeting of R&D subsidies to start-ups129 cited
    • 2022Can direct innovation subsidies relax SMEs’ financial constraints?126 cited
    • 2012Bank Competition and Collateral: Theory and Evidence105 cited
    • 2013Market failures and the additionality effects of public support to private R&D: Theory and empirical implications94 cited
    • 2024Government innovation subsidies, green technology innovation and carbon intensity of industrial firms85 cited
    • 2015Dipping in the policy mix: Do R&D subsidies foster behavioral additionality effects of R&D tax credits?84 cited
    • 2017Signaling through government subsidy: Certification or endorsement74 cited
    • 2018The impact of government-supported participative loans on the growth of entrepreneurial ventures72 cited
    • 2018The effect of GVC embeddedness on productivity improvement: From the perspective of R&D and government subsidy70 cited
    • 2019Strategic knowledge management within subsidised entrepreneurial university-industry partnerships62 cited