Determinants of digitalisation and innovation behaviour in the SME sector
News from 2018-12-04 / KfW Research
What factors determine whether an enterprise carries out digitalisation projects or produces innovations? The analysis shows that digitalisation projects are concentrated much less on individual groups of enterprises – classified by age, size and sales region – than innovations. In addition, digitalisation projects depend less on the current business cycle. Nevertheless, they are carried out primarily by young entrepreneurs. This does not apply to the same extent to innovations. Overall, however, SMEs’ digitalisation and innovation activities are influenced by similar factors.