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This paper assesses the role of relationship lending in explaining simultaneously the innovation activity of Small and … SME's increased propensity to introduce product innovation. We further discuss the financial and non-financial channels …
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Cluster policy is recognized as one of the pivotal elements of state-of-art innovation policy. State support for … innovation policy drafting and implementation. Cluster development stimulates trust building and enhances knowledge spillovers … among different organizations in the region. Finally the cluster approach makes innovation policy more systemic by …
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