innovation - are more common among young SMEs, while innovators - i.e. firms that do R&D and introduce new products, processes or … new to the market. To further explore why young SMEs are not more active in innovation, we explore their access to finance … classes across all sectors and all EU Member States, we identify different innovation profiles based on a firm's R …

market. To further explore why young SMEs are not more active in innovation, the authors explore their access to finance. It … classes across all sectors and all EU member states, the authors identify different innovation profiles based on a firm’s R …&D investment and/or innovation activities. Basic firms - i.e. firms that do not engage in any type of R&D or innovation - are more …

they matter. We first characterize YICs in the sample of innovation active firms. We show that firms that combine newness … financial constraints, both internal and external, as an important factor hampering their innovation activities, significantly … more so than other innovation active firms. This access to finance problem is an often used motive for government …

relationship between productivity growth, innovation and digital technology adoption plays out is particularly important for the …Research and development is seen as a key contributor to growth because it generates knowledge, leading to new or … improved products through product innovation, and makes firms more efficient at producing goods through process innovation …