Evidence on the "funding gap" for investment innovation is surveyed. The focus is on financial market reasons for …

Evidence on the "funding gap" for investment innovation is surveyed. The focus is on financial market reasons for …

Innovation in SMEs exhibits some peculiar features that most traditional indicators of innovation activity do not … capture. Therefore, in this paper, we develop a structural model of innovation which incorporates information on innovation … both process and product innovation. Both these kinds of innovation have a positive impact on firm's productivity …

innovative performance measured as turnover due to innovation, but not between patenting and subsequent employment growth. The …