Abstract:Research background: Small and medium-sized enterprises (SMEs) play a crucial role in European economic. They are very important for the stability of national economy and for development of innovation. SMEs significantly contribute to innovation because they are under permanent pressure of competitors at the market. On the other hand, innovation in SMEs is hampered by many factors, such as lack of finance, lack of personnel, no experiences, insufficient public policy, etc.
Purpose of the article: The main goal… Show more
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