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- Title
Has Germany Finally Fixed Its High-Tech Problem? THE RECENT BOOM IN GERMAN TECHNOLOGY-BASED ENTREPRENEURSHIP.
- Authors
Lehrer, Mark
- Abstract
The Recent Boom in German Technology-Based Entrepreneurship Mark Lehrer Since 1997, Germany has witnessed an unprecedented boom in high-tech start-ups and IPOs. Long considered a "desert" for high tech and entrepreneurship alike, Germany has witnessed a spectacular mushrooming of technology-based firm foundings in the past three years, transforming the country from a laggard to the clear leader in European high-tech entrepreneurship. Though seeming to come from nowhere and confounding the conventional wisdom about Germany's strengths and weaknesses, the take-off in German high-tech did not come overnight, but instead capped a good three decades of trial-and-error in high-tech sponsorship policies. This article puts the current high-tech boom into perspective by retracing the historical evolution of Germany's technology policies.
- Subjects
GERMANY; HIGH technology industries; NEW business enterprises; TECHNOLOGICAL innovations; ECONOMIC development; VENTURE capital; INNOVATIONS in business; INNOVATION management; BUSINESS planning; ENTREPRENEURSHIP
- Publication
California Management Review, 2000, Vol 42, Issue 4, p89
- ISSN
0008-1256
- Publication type
Article
- DOI
10.2307/41166055