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manufacturing SMEs. By focussing on self-reported innovation the study achieves a wider coverage of the effects of SME innovation …. Combining these two results and comparing the outlays on SME innovation policy with the estimated effects suggests that policy … was efficient as well as effective. There is evidence that SME tax credits were expensive compared with earlier support …
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Conventional wisdom suggests that small businesses are innovative engines of Schumpetarian growth. However, as small businesses, they are likely to face credit rationing in financial markets. If true then policies that promote lending to small businesses may yield substantial economy-wide...
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Conventional wisdom suggests that small businesses are innovative engines of Schumpetarian growth. However, as small businesses, they are likely to face credit rationing in financial markets. If true then policies that promote lending to small businesses may yield substantial economy-wide...
Persistent link: https://www.econbiz.de/10013032373
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