IDEAS home Printed from https://ideas.repec.org/a/fan/polipo/vhtml10.3280-poli2014-004003.html
   My bibliography  Save this article

Credit availability and propensity to innovate of small and medium enterprises

Author

Listed:
  • Andrea Bellucci
  • Ilario Favaretto
  • Germana Giombini

Abstract

We aim to analyze the impact of credit availability on firms? probability to innovate. Using detailed information on more than five thousand five hundred credit lines to small and medium enterprises (SMEs), we find that innovative activities are positively affected by measures of bank loan availability. Further, estimates also show that firms located in an industrial district have higher probability to be innovative than other firms. Our results support the idea that Italian institutions should undertake and reinforce an economic policy oriented to sustain the access to credit of SMEs as a key element for the growth and development of innovative firms.

Suggested Citation

  • Andrea Bellucci & Ilario Favaretto & Germana Giombini, 2014. "Credit availability and propensity to innovate of small and medium enterprises," ECONOMIA E POLITICA INDUSTRIALE, FrancoAngeli Editore, vol. 2014(4), pages 27-50.
    • Handle: RePEc:fan:polipo:v:html10.3280/poli2014-004003
    as

    Download full text from publisher

    File URL: http://www.francoangeli.it/riviste/Scheda_Rivista.aspx?IDArticolo=52552&Tipo=ArticoloPDF
    Download Restriction: Single articles can be downloaded buying download credits, for info: https://www.francoangeli.it/DownloadCredit
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Keywords

    Imprese innovative; probabilit? di innovazione; credito d?accesso;
    All these keywords.

    JEL classification:

    • D22 - Microeconomics - - Production and Organizations - - - Firm Behavior: Empirical Analysis
    • D40 - Microeconomics - - Market Structure, Pricing, and Design - - - General
    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:fan:polipo:v:html10.3280/poli2014-004003. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Stefania Rosato (email available below). General contact details of provider: http://www.francoangeli.it/riviste/sommario.aspx?IDRivista=13 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.