News from 2018-05-29 / KfW Research
KfW Start-up Monitor 2018
Start-up activity remains in a trough but growth, innovation and digitalisation are gaining importance
The labour market continues to exert a firm grip on start-up activity in Germany. Despite the cyclical upswing, the number of first-time founders dropped again in 2017. A mere 557,000 persons started a new business of their own – fewer than ever before. What is positive is the renewed improvement in structural quality. Two and a half times more opportunity entrepreneurs than necessity entrepreneurs started in 2017. The number of innovative, digital and high-growth business founders has also grown in both categories. This is a positive sign for the 2017 start-up cohort’s chances of success.
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