Economics, Econometrics and Finance
8 years ago

Reducing Information Asymmetry Boosts Technological Innovation in Small Businesses.

Journal of Hunan University
A Number of Issues regarding Technological Innovations in Small- and Medium-sized Enterprises
SU Hen

Paper Summary

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Small- and medium-sized businesses are important for creating new technologies. Having the right information is crucial for these businesses to innovate. However, there are risks when they don't have all the information they need. This can be a problem when they are making deals with other companies. The article suggests ways to solve this issue and make sure everyone has the information they need for successful innovation.