Özşuca, Ekin Ayşe2024-05-302024-05-302023Özşuca, Ekin Ayşe (2023). "Firm Survival in Times of Crisis: Do Innovation and Financing Constraints Matter? Insights from the COVID-19 Pandemic", Eastern European Economics, Vol. 61, No. 5, pp. 421-456.0012-8775http://hdl.handle.net/20.500.12416/8461Utilizing survey data collected over three rounds, this paper investigates the impact of pre-COVID innovation performance, innovation type, sources of knowledge, and the moderating role of financial constraints on survival following the outbreak of COVID-19. The findings pinpoint a strong and positive link between firm survival and innovation, especially process innovation, confirming the ability of innovators to adapt to new conditions as a determinant of survival. Moreover, relying on internal knowledge is found to increase the chance of survival and adaptability to times of crisis. The results further indicate that access to finance strengthens the positive impact of innovation on firm survival/adaptation.eninfo:eu-repo/semantics/closedAccessCOVID-19Credit ConstraintsFirm SurvivalInnovationWorld Bank Enterprise SurveysArticle61542145610.1080/00128775.2023.2221229