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That is at odds with the observation that the German Mittelstand arguably carries the country’s economy in large parts. There are many world leaders there, hidi
by diarrhea 3y ago
That is at odds with the observation that the German Mittelstand arguably carries the country’s economy in large parts. There are many world leaders there, hiding in niche markets. For how that lasts remains to be seen.
- mdekkers 3y agoThe German Mittelstand model is indeed successful for those organisations that fit that model. Very often, many of the properties that make the Mittelstand work are not that successful for startups. My personal story is just anecdata, but the German (and European, in general) startup stories are relatively few and far between, so I know I am part of a wider pattern. It is clear that the EU Regulates (and taxes!) whilst the USA innovates. Once I dig myself out of this taxation hole I’m trying again in the USA.