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August 22, 2017
Region:
Analyst:
In Germany, the number of successful technology start-ups with a novel product is lagging behind in an international context. Considering the key role of start-ups in innovative entrepreneurship and their contribution to the real economy, reasons and key points of action to increase start-up activity should be identified. Excessive red-tape is a major hindrance and mainstream political parties are aiming to reduce excessive bureaucracy in start-up creation. Improved access to bank lending and venture capital investments are necessary to broaden post-launch funding alternatives. Brexit could be boon especially for the start-up scene in Berlin if relocation formalities are lowered. Enhancing a “can-do” culture and taking entrepreneurship among immigrants into account in policymaking have paramount importance, too. The Nordic start-up ecosystem provides important takeaways to boost start-up creation. [more]
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