Publicação
Private financing, R&D, and export activity: evidence from Portugal
| dc.contributor.author | Bação, Pedro | |
| dc.contributor.author | Martins, António | |
| dc.contributor.author | Portela, Miguel | |
| dc.date.accessioned | 2026-03-30T15:25:51Z | |
| dc.date.available | 2026-03-30T15:25:51Z | |
| dc.date.issued | 2026-05-01 | |
| dc.description.abstract | Using firm-level data for Portugal, 2006–2021, we investigate linkages between private financing — private equity (including venture capital) and private debt — and firms’ exporting and innovation. Combining matching and regression procedures, we find that private financing is associated with exporting and R&D activity. Firms financed by private equity are more likely to export and to export a larger share of their sales. They also exhibit higher propensity to allocate employees and funds to R&D, and to channel a larger share of investment into it. Private debt is likewise positively related to innovation inputs and exports, but both effects are limited to the extensive margin. | eng |
| dc.identifier.citation | Bação, P., Martins, A., & Portela, M. (2026). Private financing, R&D, and export activity: evidence from Portugal. Economics Letters, 263, Article 112876. https://doi.org/10.1016/j.econlet.2026.112876 | |
| dc.identifier.doi | 10.1016/j.econlet.2026.112876 | |
| dc.identifier.eid | 105035677271 | |
| dc.identifier.issn | 0165-1765 | |
| dc.identifier.other | e776d969-6063-4a42-b247-8faffa4b11ce | |
| dc.identifier.uri | http://hdl.handle.net/10400.14/57432 | |
| dc.identifier.wos | 001717468400001 | |
| dc.language.iso | eng | |
| dc.peerreviewed | yes | |
| dc.rights.uri | http://creativecommons.org/licenses/by/4.0/ | |
| dc.subject | Exports | |
| dc.subject | Private debt | |
| dc.subject | Private equity | |
| dc.subject | Research and development (R&D) | |
| dc.title | Private financing, R&D, and export activity: evidence from Portugal | eng |
| dc.type | research article | |
| dspace.entity.type | Publication | |
| oaire.citation.title | Economics Letters | |
| oaire.citation.volume | 263 | |
| oaire.version | http://purl.org/coar/version/c_970fb48d4fbd8a85 |
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