and medium-sized firms (SMEs). While there is little doubt about the significance of technology competence for generating … successful innovations, inhouse R&D activities may be a particular challenge for SMEs due to high risk exposure, high fixed costs …, high minimum investment and severe financial constraints. SMEs may thus opt for refraining from R&D and relying more on …

performance of small and medium-sized enterprises (SMEs). We evaluate the effectiveness of regional, national and European funding … a significant positive effect on SMEs' export performance. For funding programs run by regional authorities, we find … results suggest that public innovation programs should challenge SMEs to go for more ambitious innovations in order to …

This paper investigates the drivers and the effects of the internationalisation of innovation activities in SMEs based … important for international innovation activities of SMEs. Fierce home market competition turns out to be rather an obstacle …

German program that co-funds R&D projects of SMEs in key technology areas called ‘Innovative SMEs'. We employ three …