The article discusses recent advances and future challenges in innovation studies. First, it separately considers four … main strands of research, studying innovation at the organisational, systemic, sectoral and macroeconomic levels. Then … technological and institutional change; the role of demand; and the impacts of innovation on individual and collective welfare …

quantifies the effect of binding financial constraints on the innovation propensity of Italian companies. Once provided a rich … baseline specification for innovation, I analyze the impact of financial constraints by exploiting a survey-based direct … features. My results show firms that are more likely to suffer from financial problems to have a probability of innovation that …

The aim of the study is to analyze the actual demand of SMEs from the Baltic Sea region for innovation support. The … results of the conducted study can help formulate recommendations designed to increase innovation and competitiveness of SMEs … in the Baltic Sea Region in the future. Research activities of this study include: the evaluation of innovation level of …

innovation in business has been done …

The authors demonstrate a problem of innovation support by business support institutions (BSIs) operating in the market … sources of financing. The situation requires further research on the causes of such a low utilisation of BSIs’ innovation …