Financial constraints to innovation in the UK: evidence from CIS2 and CIS3

By Alessandra Canepa, Paul Stoneman. 2007

250 citations recorded by the source corpus.

Subfields: Accounting, Economics and Econometrics

View Paper: https://www.semanticscholar.org/paper/da461d44ef4cfa2007c4fbfbef9ccd083f23510e

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Citations in the corpus

Appropriability mechanisms, innovation, and productivity: evidence from the UK (2014, unknown): “Also, Canepa and Stoneman (2008) report that firms from high-tech industries are more likely to report a project being abandoned or delayed thanks to financial constraints.”
Research and Development, Cash Flow, Agency and Governance: UK large companies (2012, background): “Ughetto (2008) finds an effect for Italian SMEs; Canepa and Stoneman (2008) report a similar effect for UK firms for a broader category of innovation. Hyytinen and Toivanen (2005) identify a financial constraint by investigating the effect of R&D subsidies. However Vecchi et al (2007) find no eviden”
Barriers to innovation and firm productivity (2016, background): “…to engage in innovation activity, the intensity of their investments and the propensity to innovate (Baldwin and Lin 2002; Galia and Legros 2004; Canepa and Stoneman 2008; Savignac 2008; Segarra-Blasco et al. 2008; Tiwari et al. 2008; Iammarino, Sanna-Randaccio, and Savona 2009; Mancusi and…”
Financial Constraints and the Failure of Innovation Projects (2018, unknown): “As a consequence, they are going to suffer from higher information asymmetries (Canepa and Stoneman, 2008; Revest and Sapio, 2012)(4).”
Do financial constraints threat the innovation process? Evidence from Portuguese firms (2011, background): “Again, for the case of financial constraints, Canepa and Stoneman (2008) find that not only financial constraints seem to be higher for smaller firms and in hightech industries in the UK, but also that either the cost or availability of finance are major barriers to innovate.”
Financing constraints, R&D investments and innovative performances: new empirical evidence at the firm level for Europe (2016, background): “…Community Innovation Survey (CIS) of the EU, have offered the use of direct (self-reported) measurements of the presence of financing constraints rather than proxies such as cash-flow sensitivities (e.g. Canepa and Stoneman 2007; Savignac 2008; Czarnitzki and Hottenrott 2011; Lahr and Mina 2013).”
Financial constraints and public funding of eco-innovation: empirical evidence from European SMEs (2018, background): “Financial constraints for R&D projects depend on firm structural characteristics, sectoral/technological contexts and geographical settings (Canepa and Stoneman, 2007; Brown et al., 2012; Cincera et al., 2016; Lӧӧf and Nabavi, 2016).”
Subsidies, financial constraints and firm innovative activities in emerging economies (2017, methodology): “13 Using the 2003Mannheim Innovation Survey, Cappelli et al. (2014) find that pressure from competitors matter for imitation, while customers and research institutions deliver valuable knowledge for sales with market novelties, and there are no significant spillover effects from suppliers.”
A supply chain sustainability innovation framework and evaluation methodology (2018, background): “Investment in R&D for sustainable products (EC5) Amount of financial resources invested as a proportion of total budget to complete research to support sustainable products production. Horbach (2008); Halila and Rundquist (2011); Testa, Iraldo, and Frey (2011); Horbach, Rammer, and Rennings (2012); ”
No money, no honey? Financial versus knowledge and demand constraints on innovation (2017, background): “However, some (Canepa and Stoneman, 2008; Savignac, 2008; Hottenrott and Peters, 2011) employ innovation surveys to access direct information on firms’ perceptions of financing constraints.”
The Financing of Innovative Firms (2010, background): “Using data on UK firms, Canepa and Stoneman (2008) find that the cost and availability of finance matters for innovation, especially for high-technology firms and for the smaller firms in their sample.”
Access to finance for innovative SMEs since the financial crisis (2015, result): “Canepa and Stoneman (2007) suggest that finance is more likely to be a factor hampering innovation for small firms and those in high technology sectors, a finding echoed by studies using different datasets (Czarnitzki, 2006).”