Disseminates research on innovation, entrepreneurship and small business.

Disseminating research on innovation, entrepreneurship and small businesses

NEW RESEARCH | Why German small businesses survived the banking crisis

When banking rules were tightened after the 2008 financial crisis, the fear was that small and medium-sized enterprises (SMEs) would find it harder to borrow money. But a new study of German companies shows that bank loans did not decrease – instead, firms increasingly turned to other sources of finance.

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