Innovation is one of the elements of a firm that contributes to better products and services, better financial performance and quality of life. It is said that innovation is a characteristic of large companies, thanks to financial resources and R&D process. But what about SME’s? Investments too play an important role in enhancing efficiency, future financial results and a company’s perspective. Are innovation and investments relevant for determining the company’s performance and reaction to the actual financial crisis? Are other internal factors relevant? Empirical findings from a survey addressed to SME’s of the Italian Veneto Region show that innovation in SME’s is not strictly related to performance but help for smaller falls in turnover in negative contexts.
Innovazione ed investimenti nelle PMI: quali relazioni con la performance e la crisi economico-finanziaria. Risultati da una ricerca empirica basata sulle PMI del veneto
ROFFIA, Paolo
2011-01-01
Abstract
Innovation is one of the elements of a firm that contributes to better products and services, better financial performance and quality of life. It is said that innovation is a characteristic of large companies, thanks to financial resources and R&D process. But what about SME’s? Investments too play an important role in enhancing efficiency, future financial results and a company’s perspective. Are innovation and investments relevant for determining the company’s performance and reaction to the actual financial crisis? Are other internal factors relevant? Empirical findings from a survey addressed to SME’s of the Italian Veneto Region show that innovation in SME’s is not strictly related to performance but help for smaller falls in turnover in negative contexts.
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