• Title of article

    Financial syndication and R&D

  • Author/Authors

    Haizhou Huang، نويسنده , , Chenggang Xu، نويسنده ,

  • Issue Information
    روزنامه با شماره پیاپی سال 2003
  • Pages
    6
  • From page
    141
  • To page
    146
  • Abstract
    This paper provides a contractual foundation that solves a class of commitment problems in R&D financing and explains why large corporations having sufficient resources to finance R&D projects alone often choose to finance them through syndicated venture capital.
  • Keywords
    R&D , Commitment problem , Financial syndication
  • Journal title
    Economics Letters
  • Serial Year
    2003
  • Journal title
    Economics Letters
  • Record number

    435218