Startups

Start-Up Germany At A Glance

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The rate of Germans, which founded a company last year, fell again in 2015. Only 1.5% of the population between the ages of 18 and 64 dared to jump into self-employment, according to the KfW Start-Up Monitor. Thus, the lowest value of 2012 was reached again last year. Does Germany have to adjust to losing its economic strength in the near future? A closer look at the numbers of KfW suggests that it is not so far then yet.

According to the monitor, the number of innovative founders increased slightly by 6%. In absolute terms, this was 95,000. These companies have great hopes of politics and business. Because they are the ones who are trusted to gain international importance in the medium term. For a country that has little natural resources, the raw material innovation is fundamental. It is, therefore, no coincidence that the increasingly concrete efforts on the part of politicians to promote entrepreneurship. At the same time, the financing situation of start-ups should be improved. For here, the Federal Republic still has a lot of catching up to do in international comparison.

Stumbling block market

A major challenge for a start-up is the robust German labor market. According to the Federal Employment Agency (BA), the number of unemployed in Germany fell to 4.9 million in September. Although the statistics of the BA use in some places often criticized methods for collecting the numbers, it does highlight the problem of the labor market for – especially innovative – foundations. For well-educated young people are in the economy mostly numerous well-paid jobs to choose from. And corporations are significantly more responsive to the demands and needs of their professionals. Flexitime, home office and other flexible working hours and place arrangements are no longer exceptions. Under these auspices, these highly qualified people for the topic of founding, It is difficult to get enthusiastic about working long hours and insecure as well as (in the beginning) low incomes. This is also shown by the fact that the number of emergency founders has reached a historic low, according to the KfW Start-up Monitor. In 2015, only 27% of companies were created due to a lack of acquisition alternatives. In total, that’s 207,000 foundations. Five years ago, the founders of emergencies and founders, ie the proportion of those who wanted to implement a concrete business idea, were in balance. In 2008, companies founded due to a lack of acquisition alternatives even outweighed each other. According to the KfW start-up monitor, the proportion of emergency founders has reached a historic low. In 2015, only 27% of companies were created due to a lack of acquisition alternatives. In total, that’s 207,000 foundations. Five years ago, the founders of emergencies and founders, ie the proportion of those who wanted to implement a concrete business idea, were in balance. In 2008, companies founded due to a lack of acquisition alternatives even outweighed each other. According to the KfW start-up monitor, the proportion of emergency founders has reached a historic low. In 2015, only 27% of companies were created due to a lack of acquisition alternatives. In total, that’s 207,000 foundations. Five years ago, the founders of emergencies and founders, ie the proportion of those who wanted to implement a concrete business idea, were in balance. In 2008, companies founded due to a lack of acquisition alternatives even outweighed each other.

Shivam Singh
Founder of the TechGrits, has always looked at technology as a piece of knots. From an early age connected to the technological world, this is literally your dream job.

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