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Drawn the socio-emotional wealth perspective, this paper investigates the relationship among CEO power, innovative investment and family board involvement in family enterprises. Secondary data on listed Chinese family small- and medium-sized enterprises from 2015 to 2019 was accessed via the...
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This paper analyzes the importance of equity finance for the R&D activity of small and medium-sized enterprises. We use information on almost 6000 German SMEs from a company survey. Using the intensity of banking competition at the district level as instrument to control for endogeneity, we find...
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Although small and medium-sized enterprises' (SMEs) involvement in the innovation process is a long standing issue and recently has resurged in the relevant literature, building and sustaining innovation is a hard and non linear work. The purpose of the paper is to explore the propensity of SMEs...
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