European economy-the SMEs. The CMU aims at improving the framework conditions for SME financing, at strengthening bank lending …-for various financial instruments from debt to equity. This article explains the SME financing-related objectives of the CMU by … mittlere Unternehmen (KMU), des sogenannten Rückgrats der europäischen Wirtschaft, zu erleichtern und zu erweitern. Die …

classes across all sectors and all EU Member States, we identify different innovation profiles based on a firm's R …&D investment and/or innovation activities. We find that "basic" firms - i.e. firms that do not engage in any type of R&D or … innovation - are more common among young SMEs, while innovators - i.e. firms that do R&D and introduce new products, processes or …

economy through innovation, job creation, economic growth, increased competition and improved corporate governance …