News from 2015-12-10 / KfW Research
What are the hallmarks of consistently successful businesses?
What characterises SMEs that grow strongly over a long period of time? Small and medium-sized enterprises that grow quickly in the long term employ university graduates more often, cooperate with other enterprises and research facilities more frequently and have more foreign operations. They pursue a differentiation strategy more often in which they above all rely on innovations. In order to realise their expansion plans, fast-growing enterprises also invest more often and with higher amounts than other SMEs.
What are the hallmarks of consistently successful businesses?
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