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Year 2023, Volume: 21 Issue: 1, 25 - 39, 31.03.2023

Havva Gültekin Ayşegül İşcanoğlu Çekiç

https://doi.org/10.11611/yead.1127874

Abstract

References

  • Arellano, M., and Bond, S. (1991). Some Tests of Specification for Panel Data: Monte Carlo Evidence and an Application to Employment Equations. The Review of Economic Studies, 58, 277-297.http://dx.doi.org/10.2307/2297968
  • Audretsch, D.B., Link, A.N. and Scott, J.T.(2002) Public/Private Technology Partnerships: Evaluating Sbir-Supported Research. Research Policy, 31, 145–158.

DOES BETTER ACCESS TO FINANCE LEAD TO HIGHER INNOVATION?

Year 2023, Volume: 21 Issue: 1, 25 - 39, 31.03.2023

Havva Gültekin Ayşegül İşcanoğlu Çekiç

https://doi.org/10.11611/yead.1127874

Abstract

This study mainly focuses on the impact of various financing channels on corporate innovations. For this purpose, three kinds of external financing sources and two kinds of internal financing sources are considered. The study covers 18 Turkis h companies traded in Istanbul Stock Exchange with the highest R&D expenditures of the year 2019. The analyzes are carried out using dynamic panel data analysis. The estimation results show that loans have a negative and statistically significant effect on R&D expenditures. Moreover, according to the findings, there is no statistically significant effect of internal financing on R&D expenditures. The results of the study provide valuable information on how companies finance innovation processes.

Keywords

Innovation R&D Financing Sources.

References

  • Arellano, M., and Bond, S. (1991). Some Tests of Specification for Panel Data: Monte Carlo Evidence and an Application to Employment Equations. The Review of Economic Studies, 58, 277-297.http://dx.doi.org/10.2307/2297968
  • Audretsch, D.B., Link, A.N. and Scott, J.T.(2002) Public/Private Technology Partnerships: Evaluating Sbir-Supported Research. Research Policy, 31, 145–158.
There are 2 citations in total.

Details

Primary Language English
Journal Section Articles
Authors

Havva Gültekin 0000-0002-3157-4635

Ayşegül İşcanoğlu Çekiç 0000-0003-0692-7870

Publication Date March 31, 2023
Published in Issue Year 2023 Volume: 21 Issue: 1

Cite

APA Gültekin, H., & İşcanoğlu Çekiç, A. (2023). DOES BETTER ACCESS TO FINANCE LEAD TO HIGHER INNOVATION?. Journal of Management and Economics Research, 21(1), 25-39. https://doi.org/10.11611/yead.1127874
AMA Gültekin H, İşcanoğlu Çekiç A. DOES BETTER ACCESS TO FINANCE LEAD TO HIGHER INNOVATION?. Journal of Management and Economics Research. March 2023;21(1):25-39. doi:10.11611/yead.1127874
Chicago Gültekin, Havva, and Ayşegül İşcanoğlu Çekiç. “DOES BETTER ACCESS TO FINANCE LEAD TO HIGHER INNOVATION?”. Journal of Management and Economics Research 21, no. 1 (March 2023): 25-39. https://doi.org/10.11611/yead.1127874.
EndNote Gültekin H, İşcanoğlu Çekiç A (March 1, 2023) DOES BETTER ACCESS TO FINANCE LEAD TO HIGHER INNOVATION?. Journal of Management and Economics Research 21 1 25–39.
IEEE H. Gültekin and A. İşcanoğlu Çekiç, “DOES BETTER ACCESS TO FINANCE LEAD TO HIGHER INNOVATION?”, Journal of Management and Economics Research, vol. 21, no. 1, pp. 25–39, 2023, doi: 10.11611/yead.1127874.
ISNAD Gültekin, Havva - İşcanoğlu Çekiç, Ayşegül. “DOES BETTER ACCESS TO FINANCE LEAD TO HIGHER INNOVATION?”. Journal of Management and Economics Research 21/1 (March 2023), 25-39. https://doi.org/10.11611/yead.1127874.
JAMA Gültekin H, İşcanoğlu Çekiç A. DOES BETTER ACCESS TO FINANCE LEAD TO HIGHER INNOVATION?. Journal of Management and Economics Research. 2023;21:25–39.
MLA Gültekin, Havva and Ayşegül İşcanoğlu Çekiç. “DOES BETTER ACCESS TO FINANCE LEAD TO HIGHER INNOVATION?”. Journal of Management and Economics Research, vol. 21, no. 1, 2023, pp. 25-39, doi:10.11611/yead.1127874.
Vancouver Gültekin H, İşcanoğlu Çekiç A. DOES BETTER ACCESS TO FINANCE LEAD TO HIGHER INNOVATION?. Journal of Management and Economics Research. 2023;21(1):25-39.