Search

Article Information


Has Germany Finally Fixed its High-Tech Problem? The Recent Boom in German Technology-Based Entrepreneurship
Lehrer, Mark
42/4  (Summer 2000): 89-107

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.

 

California Management Review

Berkeley-Haas's Premier Management Journal

Published at the University of California for more than sixty years, California Management Review seeks to share knowledge that challenges convention and shows a better way of doing business.

Learn more
Follow Us