Rola Kreditanstalt für Wiederaufbau we wspieraniu finansowania małej i średniej przedsiębiorczości w Niemczech

Abstract

Innovationness is a factor conditioning survival and development of enterprises in market economy. Small and medium sized enterprises are usualy more open to initiating innovations, thanks to ability to quickly react to market changes. Udertaking such innovations requires large capital. The major obstacle to making innovations is the need to have a sufficent self capital and unwillingness of commercial banks to give credit to this group of enterprises. A way of solving the problems mentioned above is for the government to provide protection for such enterprises, of which Germany can be an example. Thanks to wide range of credit offers, Kreditanstalt für Wiederaufbau successfuly supports the small and medium sized enterprise sector in Germany.