In der Langfristperspektive hat im Bereich der kleineren und mittleren Unternehmen (KMU) die Innovationsdynamik nachgelassen. Dies gilt vor allem für solche Segmente der mittelständischen Wirtschaft, die typischerweise weniger stark auf eigene Forschung und Entwicklung setzen. Um entsprechende...

This contribution is concerned with the spread of new products in small and medium-sized enterprises in the manufacturing sector. Based on an empirical study it is analyzed according to which factors planned product launches are either genuine market novelties or products that are new from the...

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...