external environment for innovation and places it in the larger context of national innovation systems. Based on a study of …

"Innovation is key to technology adoption and creation, and to explaining the vast differences in productivity across … and within countries. Despite the central role of the entrepreneur in the innovation process, data limitations have … restricted standard analysis of the determinants of innovation to consideration of the role of firm characteristics. The authors …

find that competition has a negative effect on innovation, especially for firms further from the efficiency frontier, and … we do not find support for an inverted U effect of competition on innovation. The authors show that the supply chain of … multinational enterprises and international trade are important channels for domestic firms' innovation. They detect no evidence …

SME growth performance and productivity is currently poor, and these related challenges must be simultaneously addressed … finance contributes significantly to SME performance in terms of employment, sales, and investment. Specific interventions in … the form of credit guarantees and credit line financing of financial institutions dedicated to support SME financial …