, the country in the long run has to achieve technological progress through innovation. …

This paper studies the relationship between trade credit and innovation. While trade credit is well researched in the … finance literature, its link to innovation has been neglected in prior research. We argue that innovative small and medium … partners may have incentives to offer trade credit especially to innovative SMEs. The relationship between innovation and trade …

The theoretical effects of labour regulations such as employment protection legislation (EPL) on innovation is … technologically advanced innovation. In this paper we find empirical evidence that both effects are at work - multinational … innovation in countries with low EPL. …

agglomeration economies and geographical proximity as key motors of innovation. According to this research, large core areas have … significant advantages with respect to peripheral areas in innovation potential. Yet, despite these trends, some remote areas of … the periphery are remarkably innovative even in the absence of critical innovation masses. In this paper we examine one …

With the development of a knowledge economy, it is reasonable to assume that the level of innovation should be … have both gone unrecognized in official statistics. Much of the innovation in the construction sector is hidden from …

effect of the composition of economic activity on innovation. We test whether the specialization of economic activity within … together complementary activities, better promotes innovation. The evidence provides considerable support for the diversity …