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INNOVATION AND ECONOMIC PERFORMANCE: the case of Greek SMEs

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  • BENEKI, Christina
  • GIANNIAS, Dimitrios
  • MOUSTAKAS, George

Abstract

The relationship between innovation and economic performance is estimated for Greek SMEs using ICAP 1999 micro data and a CDM four equation model. The empirical analysis shows an unwillingness of the Greek private sector to invest in R&D and the low productivity of innovation.

Suggested Citation

  • BENEKI, Christina & GIANNIAS, Dimitrios & MOUSTAKAS, George, 2012. "INNOVATION AND ECONOMIC PERFORMANCE: the case of Greek SMEs," Regional and Sectoral Economic Studies, Euro-American Association of Economic Development, vol. 12(1), pages 43-54.
    • Handle: RePEc:eaa:eerese:v:12:y2012:i:1_3
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    References listed on IDEAS

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    Cited by:

    1. Bakari, Sayef, 2022. "The Impact of Natural resources, CO2 Emission, Energy use, Domestic Investment, Innovation, Trade and Digitalization on Economic growth: Evidence from 52 African Countries," MPRA Paper 114323, University Library of Munich, Germany.
    2. Anastasios KARAMANOS, 2015. "The Effects of Knowledge from Collaborations on the Exploitative and Exploratory Innovation Output of Greek SMEs," Management Dynamics in the Knowledge Economy, College of Management, National University of Political Studies and Public Administration, vol. 3(3), pages 361-380, September.

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    More about this item

    Keywords

    Greece; CDM-Model; Innovation; Economic performance;
    All these keywords.

    JEL classification:

    • O30 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - General
    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D
    • O34 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Intellectual Property and Intellectual Capital
    • O52 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Europe

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