Reducing firms’ financial constraints can be an important element for economic growth. Previous scholars have documented various factors that affect firms’ ability to access finance (e.g. Lambert et al., 2007, p. 385). In this study, we investigate the impact of financial reporting credibility in reducing firms’ financial constraints. In addition, we study the role that rule of law at a country level have on the above stated association. We hypothesize that financial reporting credibility decreases firms’ financial constraints. Then, we propose that the ability of financial reporting credibility to reduce financial constraints weakens when rule of law (at a country level) decreases. This is the first study to investigate how the association between financial reporting credibility and financial constraints are affected by rule of law on a country level, to the authors’ knowledge. The study uses 52,381 firms operating in 98 countries that responded to the World Bank’s Enterprise Surveys between the time period 2006 to 2015. Financial constraints are measured through a variable that takes into consideration the perceived amount of obstacles firms are facing in their current operations and the proxy for financial credibility is whether firms have been audited or not. Our moderating term is the World Bank’s rule of law index. By using both regression and matching analysis, we find a significant negative association between financial credibility and financial constraints. This indicates that increased financial reporting credibility leads to less financial constraints for firms. For the moderating effect of the rule of law, the results are insignificant. However, we observe that when the level of rule of law is high, increased financial credibility leads to minor improvements in access to external finance.

Dissertation closely examines the issue of identification and anticipation of skill needs (optimal mix of skills, knowledge, experience and competences) in enterprises. The key objective is to examine existing practices, methods and tools for the identification of future skill needs in enterprises and propose and test a new survey of to obtain information about changing skills needs in selected occupations at European level. The proposed survey verifies the possibility of obtaining information about trends in general (transversal) and occupation specific skills through working tasks as a conceptual unit understandable to employers. The pilot survey is carried out in 9 EU countries with 8500 telephone interviews (CATI method). Conclusions contain analysis of selected data, critical evaluation of the proposed methodology and recommendations for its further use.

Over the past two decades Rwanda has done outstanding work that has promoted female empowerment. The development resulted in a majorit of women in parliament, ensuring girls' education and high female participation in the labor force. An inclusive private sector could further promote sustainable development and help meet the country's emerging goals. The field of literature on how enterprises within the private sector perfrom is borad. Several studies find that women are underperforming, and that accesing finance is a major challenge for female entrepreneurs in developing regions. This paper research if there is a gender gap in sales performance amongst Rwandan enterprises in 2019 and how bank funding affect firms' perfromance in term of annual sales. A cross-sectional study was conducted by utilizing the World Bank Enterprise Survey form 2019 constituting of 365 Rwandan firms. Ths tudy adopts OLS, quantile and interaction regression to examine the relationships between annual sales and gender of the entrepreneur. The results showed a rather large perfromance gap and that bank funding have a substational effect on a firm's perfromance. However, the study could not establish a significant interaction between bank funding and female led firms. In order to diminish the established gap, policies are needed to promote gender equality wihtin Rwandas's formal private sector.

This thesis examines how regional-level factors combined with firm-level factors influence innovation in an emerging economy – India. Past literature has shown that differences in both country contexts and firm-level factors influence innovation. The bulk of this literature tended to focus on developed economies. The handful of studies that have considered contextual differences have studied these at the country-level or within regional blocks such as regions of Europe or Africa. There is a paucity of research, which investigates how differences in state-level factors within a single country combined with firm-level factors influence innovation within firms. Therefore, it is an open question whether the findings derived from developed economies and country-level studies apply equally to emerging economies, particularly at the state level within a single country. Thus, there is a gap in the literature regarding our understanding of the impact of combined state- and firm-level factors on innovation within a single country. This thesis aims to contribute to a better understanding of how state and firm-level factors drive innovation in India, an emerging economy. India is selected because it is a fast-growing emerging economy that is increasingly being integrated into the globalized world economy and thus understanding how these factors influence innovation in an emerging economy would complement the literature that focuses on developed countries. Moreover, India is a huge country with substantial varieties in resources, capabilities, institutions (both formal and informal institutions) as well as ethnic, religious, and cultural varieties. Contextually, these state-level differences are quite different from regions in the developed world where institutional differences tend to be relatively consistent (less varieties). Thus, the insights generated from this study of the Indian context complement prior research by identifying the state and firm factors that combine to drive firm-level innovation. This study also extends the innovation literature by focussing on state-level differences within a single emerging economy, for which there is limited research. The findings could also have practical managerial and policy implications. From a policy perspective, policymakers in India can get a deeper understanding of the relevant factors that influence firm-level innovation so that they can direct policy and resources to promote innovation in their respective states. From a managerial perspective, managers can also get a better understanding of strategies and investments they should take to enhance innovation within their firms. This study is based on data gathered from various sources including the World Bank Enterprise Survey and several sources from within India (Indiastat.com, NCAER State Investment Potential Index, India Innovation Index). The World Bank Enterprise Survey provides firm-level data while state-level data were obtained from the other reputable sources in India. The data were analyzed using logistic regression and multi-level modeling, given that firms are nested within states, thus, we can simultaneously model the micro and macro levels to assess the relevance of the regional context. The results of this study show that regional factors such as regulatory quality, corruption, and rule of law barriers negatively influence innovation in firms that invest in internal R&D to promote innovation. The results also show that regions that devote a higher proportion of their gross domestic product to innovation achieve higher levels of innovation. Further, regions that have higher levels of human capital stock (more skilled workers) and export technology tend to be more innovative. At the firm level, investments in both internal and external R&D and those that have highly experienced managers are more innovative than their peers. These results suggest that governments and policymakers can increase innovative activities of firms by providing a highly skilled labor force, invest heavily in R&D, reduce corruption, regulatory quality, and the rule of law barriers. For firm-level managers, this study indicates that higher levels of managerial capability and greater investments in both internal and external R&D can enhance the technical and innovative capabilities (absorptive capacity) of their firms. This may result in a competitive advantage through increased innovation.