Informal competition effect on smes’ innovation: do credit constraints matter? evidence from eastern european countries

HIGHLIGHTS

SUMMARY

    W includes Size, PART_LARG, FORG_OWN, STAT_OWN, FAM_OWN, AGE, CEO_EXP, FEM_CEO, and CERT_QU. Besides, according to the European in-house innovation Slovakian SMEs less than of the EU and republic explainedwas Commission, in 2018,bythe available SMEwas funding for half innovation inaverage the Slovak thelowest reasonamong behind the thisEU lowmembers. innovating engagement by the financial gap. the PROD_INNO PROC_INNO RAD_INNO GREEN_INNO For the frequency green innovation, registered Table 2. Less than 20% of the Eastern SMEs declared the energy efficiency measures` PROD_INNO PROC_INNO RAD_INNO GREEN_INNO development within their companies. The authors notice an increased frequency . . .

     

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