Audretsch, David B; Elston, Julie A - In: Small Business Economics 9 (1997) 2, pp. 97-110
This paper describes how the German Mittelstand, or small- and medium-sized enterprises, are financed in Germany. The role of the German Mittelstand, both in a static and in a dynamic framework, is described and contrasted with that of the same size group in other leading industrialised...