Firm Innovation in Emerging Markets: The Role of Finance, Governance, and Competition

Volume: 46, Issue: 06, Pages: 1545 - 1580
Published: Dec 1, 2011
Abstract
We investigate the firm characteristics associated with innovation in over 19,000 firms across 47 developing economies. While existing finance literature on innovation is limited to large public firms in developed markets such as the United States, our database includes public and private firms, and small and medium-sized enterprises. We define innovation broadly to include introduction of new products and technologies, knowledge transfers, and...
Paper Details
Title
Firm Innovation in Emerging Markets: The Role of Finance, Governance, and Competition
Published Date
Dec 1, 2011
Volume
46
Issue
06
Pages
1545 - 1580
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