EconPapers    
Economics at your fingertips  
 

Are R&D-Active SMEs in the Emerging Markets Financially Constrained? Self-Evaluation Approach

Katarzyna Prędkiewicz () and Paweł Prędkiewicz
Additional contact information
Katarzyna Prędkiewicz: Wrocław University of Economics, Department of Finance

A chapter in The Impact of Globalization on International Finance and Accounting, 2018, pp 27-34 from Springer

Abstract: Abstract The paper aims to examine whether R&D-active companies are financially constrained based on a self-assessment approach. A second aim is to check whether a company’s size has any impact on access to capital for R&D-active firms. The study is based on data collected from more than 400 enterprises operating in Poland. The analysis has confirmed that there is a significant difference between R&D-active companies and their peers with no R&D activity; however, the “size effect” was not strongly proven. It seems that both SMEs and large companies are financially constrained, thereby justifying the direct tools (e.g. grants) used for alleviating the problem of access to capital regardless of the company’s size.

Keywords: Innovation; Financial constraints; R&D (search for similar items in EconPapers)
Date: 2018
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

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:spr:prbchp:978-3-319-68762-9_3

Ordering information: This item can be ordered from
http://www.springer.com/9783319687629

DOI: 10.1007/978-3-319-68762-9_3

Access Statistics for this chapter

More chapters in Springer Proceedings in Business and Economics from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().

 
Page updated 2025-04-01
Handle: RePEc:spr:prbchp:978-3-319-68762-9_3