Belitz, Heike; Lejpras, Anna - In: DIW Wochenbericht 79 (2012) 49, pp. 20-27
Many small and medium-sized enterprises (SMEs) are unable to finance research and development (R & D) using only their internal resources. However, they have limited access to external financing loans for high-risk R & D projects. Therefore, funding programs initiated by the German government,...