In Italy, the strong competitive environment has progressively reduced the credit intermediation role of banks. For Italian banks, SMEs represent the most important segment among the corporate ones and many ICT products/services suppliers are now giving great attention to SMEs, since the market...

This paper merges industrial enterprise database, patent database, and financial licensing data to show that more bank branches near a firm promote its innovation. Mechanism analysis suggests that the reason is that more branches around firms reduce their financing constraints rather than their...

The paper focuses on the territorial shaping of knowledge dynamics as one of the driving forces for innovation. Knowledge dynamics are unfolding from processes of creation, use, transformation and diffusion of knowledge. Due to both the ongoing restructuring of global value chains and the...