decrease firm success (as measured by return on sales). Using firm data from the German innovation survey, we find that both …

decrease firm success (as measured by return on sales). Using firm data from the German innovation survey, we find that both …

decrease firm success (as measured by return on sales). Using firm data from the German innovation survey, we find that both …

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 …

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 …

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 …