2020

A Reform Strategy for Germany

Reprint No. 2020:33

Author(s): Mark Sanders, Mikael Stenkula, Michael Fritsch, Andrea M. Herrmann, Gresa Latifi, Balázs Páger, László Szerb, Elisa Terragno Bogliaccini and Michael WyrwichYear: 2020 Title: The Entrepreneurial Society – A Reform Strategy for Italy, Germany and the UK Chapter: 7Editor(s): Mark Sanders, Axel Marx and Mikael StenkulaPublisher: SpringerCity: Berlin Pages: 163–202

A Reform Strategy for Germany Mark Sanders, Mikael Stenkula, Michael Fritsch, Andrea M. Herrmann, Gresa Latifi, Balázs Páger, László Szerb, Elisa Terragno Bogliaccini and Michael Wyrwich


In this chapter, we outline a reform strategy to promote a more entrepreneurial society in Germany. Germany has developed a successful model of capitalism in which high productivity growth is driven by on-the-job learning and firm-specific skill accumulation. The economy is rooted in a strong and regionally embedded Mittelstand, which supports an export-oriented industry mainly based on incremental innovations, but which is less conducive to more radical innovation.We, therefore, suggest a reform agenda forGermany that encourages more entrepreneurial experimentation with the aim of facilitating radical innovation, both in incumbent and new firms. Germany’s entrepreneurial talent should be encouraged to take on more risk, the education system could promote initiative, creativity and a willingness to experiment, and a more equal playing field between dependent employment and self-employment/employer could be created.


Reference:
Sanders, Mark, Mikael Stenkula, Michael Fritsch, Andrea M. Herrmann, Gresa Latifi, Balázs Páger, László Szerb, Elisa Terragno Bogliaccini and Michael Wyrwich (2020), "A Reform Strategy for Germany". Chapter 7, pp. 163–202 in Mark Sanders, Axel Marx and Mikael Stenkula, eds., The Entrepreneurial Society – A Reform Strategy for Italy, Germany and the UK. Berlin: Springer.

Mikael Stenkula

Contact

Ph: +46 8 665 4530
Mob: +46 700 44 87 27
mikael.stenkula@ifn.se

Interdisciplinary European Studies

The European Union and the Return of the Nation State

9783030350048_200x_the-european-union-and-the-return-of-the-nation-state.jpg

This book explores the complex and ever-changing relationship between the European Union and its member states. The recent surge in tension in this relationship has been prompted by the actions of some member state governments as they question fundamental EU values and principles and refuse to implement common decisions seemingly on the basis of narrowly defined national interests.

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