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A model for assessing the contribution of innovative SMEs to economic growth: The intangible approach

Miguel González-Loureiro () and Jose Pita-Castelo

Economics Letters, 2012, vol. 116, issue 3, 312-315

Abstract: Three components govern the impact of intangible management on the growth of SMEs: human, structural and relational capitals. The relationship with the institutional system of innovation (ISI) is novel. The results highlight that the ISI does not satisfy the needs of SMEs fully.

Keywords: Intangible capital; System of innovation; Innovative SMEs; Economic growth; Innovation-driven growth (search for similar items in EconPapers)
JEL-codes: M1 M2 O1 O4 (search for similar items in EconPapers)
Date: 2012
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DOI: 10.1016/j.econlet.2012.03.028

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