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 article examines how SMEs finance their innovations. Against the background of financial theoretical considerations, the focus is on the share of internal funds, bank loans and subsidies on the volume of innovation expenditure. Particularly in the case of small as well as highly innovative...

This paper examines the financing of innovations in small and medium sized enterprises. In contrast to other existing studies, the focus is on the proportion of bank credits and internal funds as parts of innovation expenditures. The regression results indicate financing constraints due to...

This article examines the impact of innovation on employment growth in innovating small and medium enterprises using a quantile regression approach. The key findings are that innovation has a positive effect on employment in both growing and shrinking firms. The impact of innovation on employee...