... traditional sectors and national contexts. Practical implications Entrepreneurs and managers of low-technology firms should focus on technological innovation and more specifically on co-creation of novel production technologies in order to sustain strong competitive advantages and enhance performances...

...Ronen Harel; Dan Kaufmann Purpose – The purpose of this paper is to study the funding difficulties of innovative SMEs in traditional sectors (ISTS) and asks whether current conditions represent a financing market failure. Design/methodology/approach – The study explores the financial tools...