Mittelstand enterprises, defined as owner-managed SMEs. We present supporting evidence for the hypothesis that Mittelstand firms … performed more stable throughout the Great Recession than non-Mittelstand firms. We also show that owner-managed SMEs performed … significantly better than SMEs and owner-managed large enterprises. Thus, it is rather the combination of firm-size and owner …

contributes to innovation in source countries. We use changes in the labour mobility legislation within Europe as exogenous …

, reduce their bank lending, lower their investment rate and labor productivity, and reduce their output and TFP growth by …

Small businesses (SMEs) depend on banks for credit. We show that the severity of the Eurozone crisis was worse in … banks while foreign banks' lending to the real sector stayed flat. Hence, SMEs remained dependent on domestic banks and were … sectors and countries with many SMEs vulnerable to global banking shocks …

-sized enterprises (SMEs). We conjecture that easy-to-understand risk ratings conveyed by the platform play a pronounced role in … influencing the borrowing success of SMEs and that more sophisticated financial information and adverse selection are largely … absent in these markets. We introduce a dataset of 414 SME marketplace loans and 8,236 online loan days to test these …

. Despite these positive effects, firms’ fixed asset growth slows down when they get closer to the SMPE threshold. Our study …

activities) affecting the propensity of European small and medium sized enterprises (SMEs) to adopt energy efficiency measures …