This case is aboutÂ IT, POLICY
PUBLICATION DATE: July 01, 2000 PRODUCT #: CMR181-HCB-ENG
Has Germany Finally Fixed Its High-Tech Problem?: The Recent Boom in German Technology-Based EntrepreneurshipÂ Case Solution
Since the year 1997, Germany has seen an unprecedented boom in high tech start ups and IPOs. Long considered a “desert” for high tech and entrepreneurship likewise, Germany has seen a dramatic mushrooming of technology-based business founding in the previous three years, transforming the state from a laggard to the clear leader in European high tech entrepreneurship.
Even thoughappearing to come from nowhere and confounding the conventional wisdom about the strengths and weaknesses of Germany, the takeoff in German high tech didn’t come overnight, but limited an excellent three decades of trial and error in high tech sponsorship policies. This post sets the present high tech boom into view by retracing the historic development of the technology policies of Germany.