Bank Size or Distance: What Hampers Innovation Adoption by SMEs?
Pietro Alessandrini,
Andrea Presbitero and
Alberto Zazzaro (alberto.zazzaro@unina.it)
No 2, Mo.Fi.R. Working Papers from Money and Finance Research group (Mo.Fi.R.) - Univ. Politecnica Marche - Dept. Economic and Social Sciences
Abstract:
A growing body of research is focusing on banking organizational issues, emphasizing the difficulties encountered by hierarchically organized banks in lending to informationally opaque borrowers. While the two extreme cases of hierarchical and non{hierarchical organizations are typically contrasted, what shapes the degree of hierarchy and how to measure it remain fairly vague. In this paper we compare bank size and distance between a bank's branches and headquarter as possible sources of organizational frictions, by studying their impact on small rms' likelihood of introducing innovations. Results show that SMEs located in provinces where the local banking system is functionally distant are less inclined to introduce innovations, while the market share of large banks is only slightly correlated with rms' propensity to innovate.
Keywords: Bank size; Functional distance; Innovation; SMEs (search for similar items in EconPapers)
JEL-codes: G21 G34 O31 R51 (search for similar items in EconPapers)
Pages: 35
Date: 2008-09
New Economics Papers: this item is included in nep-ban, nep-cfn and nep-ino
References: Add references at CitEc
Citations: View citations in EconPapers (11)
Downloads: (external link)
http://docs.dises.univpm.it/web/quaderni/pdfmofir/Mofir002.pdf First version, 2008 (application/pdf)
Related works:
Journal Article: Bank size or distance: what hampers innovation adoption by SMEs? (2010)
Working Paper: Bank Size or Distance: What Hampers Innovation Adoption by SMEs ? (2007)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:anc:wmofir:2
Access Statistics for this paper
More papers in Mo.Fi.R. Working Papers from Money and Finance Research group (Mo.Fi.R.) - Univ. Politecnica Marche - Dept. Economic and Social Sciences Contact information at EDIRC.
Bibliographic data for series maintained by Maurizio Mariotti (maurizio.mariotti@univpm.it).