Financial constraints and R&D and exporting strategies for Spanish manufacturing firms

Juan A. Máñez, María E. Rochina-Barrachina, Juan A. Sanchis-Llopis and Óscar Vicente-Chirivella ()
Authors registered in the RePEc Author Service: Juan A. Sanchis Llopis () and Maria Engracia Rochina Barrachina

Industrial and Corporate Change, 2014, vol. 23, issue 6, 1563-1594

Abstract: We investigate the role of internal and external financial constraints in the firms’ joint decision to export and invest in R&D. We use objective measures at the firm level such as cash flow and financial costs. We further analyze both if firms’ size and the onset of the current economic crisis have had an impact. We estimate our model with Spanish manufacturing firms for the period 1990–2011, and obtain that both internal and external financial constraints are relevant.

Date: 2014
References: Add references at CitEc
Citations: View citations in EconPapers (15)

Downloads: (external link)
http://hdl.handle.net/10.1093/icc/dtu034 (application/pdf)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:oup:indcch:v:23:y:2014:i:6:p:1563-1594.

Ordering information: This journal article can be ordered from
https://academic.oup.com/journals

Access Statistics for this article

Industrial and Corporate Change is currently edited by Josef Chytry

More articles in Industrial and Corporate Change from Oxford University Press and the Associazione ICC Oxford University Press, Great Clarendon Street, Oxford OX2 6DP, UK.
Bibliographic data for series maintained by Oxford University Press ().