The implementation of innovation strategies in SMEs is subjected to changes in the economic cycle. The reliability of … growth and less reliable in downturns, which is a signal for SMEs as to how to interpret the business cycle surveys. The use … them think over funding for innovation. …

attempt to search for directions, as well as the power of impact of different phases of the business cycle on the innovation … industrial companies (questionnaire survey) it was stated that in the prosperity phase the implementation of the innovation …, the innovation activity is a less common phenomenon, but is not completely abandoned. Research results did not confirm the …

small and medium-sized enterprises. To this end, using the panel data methodology, we analyse a sample of Spanish SMEs …

attempt to search for directions, as well as the power of impact of different phases of the business cycle on the innovation … industrial companies (questionnaire survey) it was stated that in the prosperity phase the implementation of the innovation …, the innovation activity is a less common phenomenon, but is not completely abandoned. Research results did not confirm the …