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    KfW SME Innovation Report

    Annual report regarding the development of innovative activity among SMEs, based on the KfW SME Panel.

    KfW SME Innovation Report 2024 – Economic activity puts the brakes on innovation activity
    KfW SME Innovation Report 2023 – SMEs’ innovation activity has flatlined
    KfW SME Innovation Report 2022 – Innovator rate fell in the second year of the COVID-19 pandemic
    KfW SME Innovation Report 2020 – Coronavirus crisis is slowing down innovation among SMEs
    KfW SME Innovation Report 2019 – Innovator rate drops to 19%
    KfW SME Innovation Report 2018 – Innovator rate has fallen again
    KfW SME Innovation Report 2017 – Trend towards fewer innovators continues
    KfW SME Innovation Report 2016 – Innovation is concentrated in increasingly fewer enterprises
    KfW SME Innovation Report 2015 – Germany's innovation performance remains low despite slight increase
    KfW SME Innovation Report 2014 – Standstill in Europe is slowing down innovation

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    KfW Research, KfW Group, Palmengartenstr. 5-9, 60325 Frankfurt,

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    Current analyses, indicators and polls on business cycles and the economy, both in Germany and worldwide.

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