Financial Implications of Technological Progress
Financial Implications of Technological Progress

Summary/Abstract: The study analyses the problem of financing the innovation that is one of the biggest problems facing the companies that want to be innovative. As a consequence, the paper reveals the main forms of funding the technological progress with their advantages and drawbacks. In particular, it is highlighted the role of innovation and research in the performance of SME and, in relation with them, the difficulties for this companies to access funding under crisis conditions.

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