This paper explores how innovation is perceived, on the one hand, by the scientific literature and, on the other, by the everyday practice of small and micro enterprises operating in the less developed socioeconomic system of the Greek region of Eastern Macedonia and Thrace. Our aim is to find...

Competition that has been accelerating rapidly in domestic and international markets in last decades compels firms to apply new ideas to their activities in order to increase value on their products and processes. Innovation which is a key driver of a success and survival of enterprises provides...

It is generally accepted that the National Innovation Systems (NIS) are one of the most comprehensive systemic approaches that give insight into innovative and economic performance of a country. This insight is essential for policymakers to develop legislatives for enhancing the innovative...

Innovation has become a key factor to sustainable growth and knowledge economy creation, having impact on the national competitiveness in the regional and global economy. Innovation systems in small, landlocked developing countries are, inherently problematic, characterized by poor business and...

This study examines how industry-specific managerial experience affects firms’ innovation performance in the context of different institutional environments. Based on firm-level data from 27 Central and Eastern European countries we identify a robust positive relationship between...

In many countries tax incentives are a popular means of realizing political, economic and social objectives. The main motive of their application is often to achieve and accelerate the selected activities in the public interest and also stimulate development of industry, and induce growth in...