“…Financial adequacy is necessary for SMEs survival and continuous investment particularly toward training, expansion, education and innovation initiations to build strong comparative advantage (Van Gelderen et al, 2008;Dyer et al, 2014;Markovitch et al, 2014;Bernhofer and Li, 2014;Loizou et al, 2015;De Marco et al, 2016;Arrighetti et al, 2016;Aragon-Sanchez, 2017;Gveroski and Jankuloska, 2017;Oliveira and Rua, 2018;Appiah et al, 2021;Gyamfi et al, 2022). Aragon-Sanchez et al (2017) examined how access to resources affects investment intentions.…”