Staatliche Innovationsförderung erklärt Firmen, besonders kleinere Unternehmen, die Hindernissen zur Innovationstätigkeitgegenüberstehen, zu unterstützen. Frühere Studien haben gezeigt, dass staatliche Programme diese Ziele nicht erreichen. Aber in der Vergangenheit wurde hierbei selten...

The evolution of the view and practice of "social partnership" is one basic element in the construction of the European Union. The paper gives an overview on the key actors and institutions of Labour Relations System (LRS) with special focus on the micro- small and medium sized enteprises (SME)....

The evolution of the view and practice of "social partnership" is one basic element in the construction of the European Union. The paper gives an overview on the key actors and institutions of Labour Relations System (LRS) with special focus on the micro- small and medium sized enteprises (SME)....

How do concentration and competition in the European banking sector affect lending relationships between small and medium sized enterprises (SMEs) and their banks? Recent empirical evidence suggests that concentration and competition capture different characteristics of banking systems. Using a...

This paper takes a holistic approach to investigate SME financing patterns in Europe by performing a cluster analysis including 12,726 SMEs in 28 European countries. The results reveal that SME financing in Europe is not homogenous but that different financing patterns exist. The cluster...

Nach dem Zusammenbruch der Sowjetunion haben die ehemaligen Mitgliedstaaten angefangen, ihre Wirtschaftssysteme zu transformieren. Beim Prozess der Transformation von einer Planwirtschaft zu einer Marktwirtschaft handelt es sich um mehr als um einen Prozess der wirtschaftlichen Umwandlung: Er...

One of the main objectives of the new European research and innovation policy agenda is to favour the positive demographics (creation and growth) of EU companies operating in new/knowledge-intensive industries, especially Small and Medium Enterprises (SMEs). These companies play an important...

The vast majority of firms in Europe are micro firms. Still, we know little about their financing patterns. Our paper aims to close this gap. Based on a large European firm-level data set, we find that micro firms differ in their financing patterns from small and medium-sized companies. Our...