News from 2021-01-20 / KfW Research
Coronavirus crisis is hampering innovation, digitalisation sees mixed trend
The coronavirus pandemic caused a superficial push for innovation and digitalisation. However, as the crisis continued, the innovation efforts of SMEs deteriorated. As the crisis continues, this is also a threat to digitalisation. Long-term, strategic projects in particular are likely to be pushed aside or delayed as a result of the difficult financial circumstances.