While they are important investments, the experience in 1995 and 1996 shows us that an investment boom is bound to be cyclical, which sometimes takes the form of large-scale stock adjustment. Therefore, it is important whether investment by IT users is sustainable.
This compares with a share of around two-thirds in the case of large businesses. Small businesses continue to use loans from banks for most of their debt funding because it is often difficult and costly for them to raise funds directly from capital markets.