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Adverse selection and financing of innovation: is there a need for R&D subsidies?

https://doi.org/10.1007/s10961-009-9112-8
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25/25 checkable references clean · checked 2026-07-25

Every reference with a DOI in the deposited reference list resolved to a known work in Crossref or DataCite at the dated check, and none carried a retraction, withdrawal, or removal notice.

12 without a DOI — not checked. A reference deposited without a DOI is never matched by title or guessed at; it stays outside the checked set, and this line discloses that.

The 25 checked references that resolve
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Adverse Selection and Financing of Innovation: Is There a Need for R&D Subsidies?
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Banks versus Venture Capital: Project Evaluation, Screening, and Expropriation
The 12 references without a DOI — listed, not checked
no DOI — not checkedBester, H. (1985). Screening vs. rationing in credit markets with imperfect information. The American Economic Review, 75, 850–855.
no DOI — not checkedBoadway, R., & Keen, M. (2005). Financing and taxing new firms under asymmetric information. Unpublished.
no DOI — not checkedBolton, P., & Sharfstein, D. (1990). A theory of predation based on agency problems in financial contracting. American Economic Review, 80, 93–106.
no DOI — not checkedBond, S., Harhoff, D., & Van Reenen, J. (2003). Investment, R&D and financial constraints in britain and germany. Tech. Rep. No. CEPDP0599, CEP Discussion Paper.
no DOI — not checkedBougheas, S., Görg, H., & Strobl, E. (2001). Is R&D financially restrained? Theory and evidence from irish manufacturing. Tech. Rep. 2001/16, University of Nottingham Research Paper.
no DOI — not checkedDa Rin, M., Nicodano, G., & Sembenelli, A. (2005). Public policy and the creation of active venture capital markets. Tech. Rep. No. 430, European Central Bank Working Paper Series.
no DOI — not checkedGeorghiou, L., Smith, K., Toivanen, O., & Ylä-Anttila, P. (2003). Evaluation of the finnish innovation support system. Tech. Rep. 5/2003, Ministry of Trade and Industry Publications.
no DOI — not checkedHubbard, R. G. (1998). Capital-market imperfections and investment. Journal of Economic Literature, 36, 193–225.
no DOI — not checkedHyytinen, A., & Pajarinen, M. (2003). Small business finance in Finland: A descriptive study. In A. Hyytinen & M. Pajarinen (Eds.), Financial Systems and Firm Performance: Theoretical and Empirical Perspectives, ETLA B:2. Helsinki: Taloustieto Ltd.
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no DOI — not checkedMaurer, S. M., & Scotchmer, S. (2004). Procuring knowledge. In G. Libecap (Ed.), Intellectual property and entrepreneurship: Advances in the study of entrepreneurship, innovation and growth (Vol. 15, pp. 1–31). The Netherlands: JAI Press (Elsevier).
no DOI — not checkedStiglitz, J. E., & Weiss, A. (1981). Credit rationing in markets with imperfect information. The American Economic Review, 71, 393–410.
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