study are (1) that being an innovating SME exacerbates financial constraints and (2) that strengthening SMEs’ participation … in European public tenders would not contribute to lowering SMEs’ financial constraints. On the contrary, complementary … constraints. This study investigates whether public procurement mitigates or exacerbates financial constraints of enterprises with …

relationship is inversely U-shaped. Additionally, I investigate the moderating effect of firms' financial constraints and … moderating role of financial constraints. Various robustness tests corroborate the findings. This study contributes to the …

relationship is inversely U-shaped. Additionally, I investigate the moderating effect of firms’ financial constraints and … moderating role of financial constraints. Various robustness tests corroborate the findings. This study contributes to the …