risky investment projects (i.e., radical innovation). By exploiting the unique situation in China that patenting firms for …

This study addresses the relationship between product innovation and the demand and supply of trade credit. Theoretical … credit demand and supply. Using a sample covering SMEs from 24 European countries this relationship is tested empirically … of trade credit for SMEs. Innovative firms have a higher probability to face credit constraints and therefore have a …

of these enterprises is their difficulty in accessing finance from banks and other financial institutions. The Credit … is a credit guarantee program initiated by the Bangko Sentral ng Pilipinas that enables enterprises and cooperatives to …

In this paper we analyze the access to credit of innovative firms on the price and non-price dimensions of bank lending … in innovative processes. Further, innovative firms have a lower probability of being credit rationed than their non …

substantiation of a comprehensive resource supply of transition to innovative economic growth. The role of credit in economic growth … been proved. The scientific theories of credit of various economic schools (naturalistic, capital-making, institutionalism …, and monetarism) have been studied. The approaches to determining the functional role of credit in the economy, according …