Behind the Myth of the Mittelstand Economy. The Institutional Environment Supporting Small and Medium-Sized Enterprises in Germany

Author
Jorg Meyer-Stamer, Frank Waltring
Content Type
Working Paper
Institution
Institute for Development and Peace
Abstract
The existence of highly dynamic and successful small and medium-sized enterprises (SME) is one of the characteristic features of the German economy. They have been, and continue to be, a growth and a job machine. Their strong performance has raised interest in other countries, with less dynamic SME, which are keen to strengthen their SME sector. Learning from the German experience appears as a promising exercise.
Topic
Economics, Industrial Policy
Political Geography
Europe, Germany