Archivo Abierto Institucional de la Universidad Carlos III de Madrid: Debt financing and R&D investments

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Please use this identifier to cite or link to this item: http://hdl.handle.net/10016/6515

Google™ Scholar. Others By: Martínez-Ros, Ester - Tribó, Josep A.

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Title:	Debt financing and R&D investments
Author(s):	Martínez-Ros, Ester [emros] Tribó, Josep A. [joatribo]
Publisher:	Universidad Carlos III de Madrid. Departamento de Economía de la Empresa
Issued date:	Jun-1999
URI:	http://hdl.handle.net/10016/6515
Abstract:	Our model shows that firm's debt-equity ratio decreases with R&D investment returns, firms' R&D specialization degree, and internal funds availability. Our basic hypothesis is that firms specialized in R&D assimilate faster than others their R&D investment.
Serie / Nº.:	UC3M Working papers. Business Economics 99-39-09
Keywords:	R&D Debt financing
JEL Classification:	G32 O32
Appears in Collections:	DEE - Working Papers. Business Economics. WB Economists Online

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