This paper studies the relationship between trade credit and innovation. While trade credit is well researched in the … finance literature, its link to innovation has been neglected in prior research. We argue that innovative small and medium … partners may have incentives to offer trade credit especially to innovative SMEs. The relationship between innovation and trade …

The present study picks up on the aspect of knowledge generation - a key part of every national innovation system - in … can be used to account for the efficiency of an innovation systems. In detail this study provides a quantile regression …

investment and innovation dynamics. The empirical analysis puts the focus on traits of innovation and structural change in …

innovation as well as the project's feasibility. Our analysis of 900 nascent entrepreneurs finds that patents and prototypes … increase the likelihood of obtaining equity finance. Thus, if signals are credible, innovation positively impacts external … that the relation between finance and innovation depends on the stage of a start-up lifecycle. …

fundamental phenomenon' Professor Dr. Norbert Koubek refers to the innovation theory of Joseph A. Schumpeter and to the model of …