Credit Conditions Faced by Small and Medium-Sized Enterprises Investing in Research and Development, December 2012
Small Business Branch
Using data from the 2004 and 2007 iterations of the Survey on Financing of Small and Medium Enterprises this report ascertains general characteristics of R&D-intensive firms and assesses their access to financing. While controlling for various firm and owner characteristics, this study produced results suggesting that firms with high levels of R&D intensity appeared more likely to be denied debt financing than firms with no or low levels of R&D intensity.
- Electronic (PDF)
- 978-1-100-21575-4 / 978-0-662-71756-0
Available online only.