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      An Italian preview of evidences in accessing EU funds by the SMEs. Social and economic development leveraging in the R&D and Innovation capabilities

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      Academicus International Scientific Journal
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          Abstract

          An overview of the Italian scenario has been developed considering the driving role SMEs play in the economic structure of the country and the pioneering function they have played in R&D and Innovation of Italy and of the whole Union in general. Through secondary data provided by various sources, such as the Cordis database, Istat and CIS 2018 we have done the analysis of regional disparities, which is also evident in the access to the European funds for research and innovation of SMEs. The purpose of this paper is to highlight the position held by Italy in relation to the opportunities offered by the European Union in the field of R&D and innovation, reflecting the changes that can be undertaken by the Italian national policy to serve as a bridge between the European institutions that offer these types of funds and SMEs and to better guide the latter towards the appropriate resources based on their distinctive characteristics which constitute a great development potential.

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          Oslo Manual 2018

          (2019)
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            Small and Medium-Sized Enterprises (SMEs): The Engine of Economic Growth through Investments and Innovation

            Small and medium-sized enterprises (SMEs) are crucial for local economic development, playing a noteworthy role in job creation, poverty alleviation and economic growth, but they encounter many funding barriers. The purpose of the current paper is to investigate the impact of investments and innovation on territorial economic growth, as measured by turnover, for Romanian active enterprises, especially SMEs, over the period 2009–2017. By estimating several log–log linear regressions, the quantitative outcomes provide support for a positive influence of investments on turnover. The association was confirmed both for all active enterprises at the national level, as well as for micro, small, middle-sized and big companies. As regards expenditures on innovation, a positive impact on turnover was acknowledged for all enterprises and particularly for big companies, but there was an absence of any statistically significant relation in the case of SMEs. The impact of firm size on turnover was positive for all active enterprises at the national level, along with active micro-units. Also, the estimation results show a positive impact of the number of active micro-units on territorial economic growth. The empirical findings are relevant to managers and policymakers in order to stimulate, encourage and offer support to SMEs’ development through their strategies.
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              The Impact of Horizon 2020 on Innovation in Europe

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                Author and article information

                Contributors
                (View ORCID Profile)
                Journal
                Academicus International Scientific Journal
                Academicus Journal
                20793715
                23091088
                January 2023
                January 2023
                : 27
                : 117-142
                Affiliations
                [1 ]Sapienza University, Italy
                Article
                10.7336/academicus.2023.27.08
                a8b51862-5ee8-4eb5-b59b-262605b3a8f8
                © 2023

                https://creativecommons.org/licenses/by-nc/4.0/

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