News from 2014-10-13 / KfW Research
Falling sales expectations curb SME innovation activity in Germany
Sales expectations in an industry are crucial for the innovation activity of small and medium-sized enterprises. This applies above all to the launch of product imitations. By contrast, process innovations and new products on the market are less dependent on industry sentiment. The gloomier economic outlook at present is likely to result in a further decline in the German innovation rate.
Falling sales expectations curb SME innovation activity in Germany
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