10.04.2005: German microtechnology enterprises lack money for innovation

The acquisition of capital is the largest innovation and growth barrier for the German microtechnology enterprises. Altogether, 70 % of the enterprises are (rather) strongly affected by capital procurement difficulties. Consequently, high development costs are the second largest obstacle for the companies’ success. The lack of standards and norms proves to be far less problematic: scarcely 30 % of the enterprises feel rather strongly that this is a barrier.

Source: Member Survey of the IVAM Microtechnology Network, March 2005.