News from 2020-06-02 / KfW Research

SMEs are responding creatively to the coronavirus crisis

Many small and medium-sized enterprises are responding creatively to the coronavirus crisis, with 43% adapting their product/service offerings, sales method or business model. When combined with businesses that still plan to do this, that percentage even rises to 57%. Companies that were hit particularly hard by the crisis and those that have previously innovated are leading the charge.

SMEs are responding creatively to the coronavirus crisis

Contact

KfW Research

KfW Group

Palmengartenstrasse 5-9

60325 Frankfurt

Germany

research@kfw.de

To KfW Research
Economic Research

Economic Research

Economic development in Germany and around the world, studies on topics relevant to society such as environmental and climate protection, demography, globalisation, innovation and sustainability, impact of KfW promotional programmes.

Read more