职称：Assistant Professor of Finance at NEOMA
方式：Zoom会议 会议号：830 6975 5208
主题：The Financing of Innovation
简介：In this presentation, I will provide an overview of how financial markets can affect innovation activities at the firm level. The focus of earlier empirical studies was to examine how much innovating firms were financially constrained. However, there is growing evidence that the choice of financing, equity versus debt, can have a bearing on innovation outcomes. After reviewing these stylized facts, I will briefly discuss the economic theories that aim to explain these facts.