Promoting Innovation in SMEs

Innovation is the key for productivity and long-term growth. Supporting innovation in SMEs can foster inclusive growth. SMEs are on average less innovative than large enterprises, but some of them can be or become highly innovative and can reach productivity levels above those of large companies. Companies which develop and use their internal strategic resources effectively (e.g. managerial and workforce skills, ICT, R&D, etc.), and collaborate with external partners in the innovation sys...

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