Innovation capability, credit constraint and the cyclicality of R\&D investment

DOI10.1016/J.ECONLET.2020.109705MaRDI QIDQ2659947zbMATH OpenOpenAlexFDO

Authors Jianpo Xue, Junwei Zheng, Chong K. Yip

Publication date 29 March 2021

Published in Economics Letters (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1016/j.econlet.2020.109705

zbMATH Keywords

innovation capabilityR\&D investmentwealthcredit constraintcyclicality

Mathematics Subject Classification ID

Production theory, theory of the firm (91B38)

Recommendations

• Composition of R\& D and technological cycles
• R\&D policy in a volatile economy
• Optimal research and development and the cost of business cycles
• Industry evolution and R\&D externalities
• Value and risk dynamics over the innovation cycle

Cited in

(4)

• Research on the internal financing mechanism in the innovation chain
• Value and risk dynamics over the innovation cycle
• Optimal research and development and the cost of business cycles
• Composition of R\& D and technological cycles

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