European Startup Monitor Country Report Germany. Introduction
|
|
- Benedict Singleton
- 7 years ago
- Views:
Transcription
1 German Startup Association Author: Lisa Schreier European Startup Monitor Country Report Germany Introduction Though innovative entrepreneurs are one of the largest creators of jobs and stand as catalysts for the small medium enterprises of tomorrow, they somehow still are not given the correct representation or appreciation in political and legal frameworks found in the sustainable economic development of the Federal Republic of Germany and Europe. The results of the German Startup Monitor (GSM) conducted in 2014 underline the need to deal more intensively with this special type of business where entrepreneurs found companies because of their own passion rather than out of necessity due to lack of employment alternatives. These startup founders look for market gaps, develop new technologies, create new business models and optimize processes, and therefore more attention should be given to the beneficial work that they do. Expanding from the work of the German Startup Monitor, the European Startup Monitor aims at creating a stronger entrepreneurial spirit in society and strengthening the innovative power of startups in the European economy. In 2013, German startups created approximately 419,000 full-time equivalent jobs. Especially in such young companies, radical innovations are developed, which contribute to such a surge in the demand for and creation of jobs. However, every third startup fails within the first three years, and in Germany, fewer entrepreneurs have an interest in founding their own company than in any other European country. Within Germany, four regions have been identified as hubs for startups, namely: Berlin, Hamburg, Munich and the Rhine-Ruhr region (abweichende Schreibweise, s.u.). 1
2 Germany in comparison to other European countries Measuring the total early-stage entrepreneurship activity (TEA), which refers to the startup activities of the total population, in 2013 Germany was in 22 nd place out of 26 innovation-based economies, the value of 5.3% (number 20 of 24). The "European barometer", which reflects the results of an opinion poll amongst young Europeans between the ages of 16 and 30 came to a similar result. According to this study, 72% of respondents are not interested in establising a company. 2
3 Founders Women in startups are also still dramatically underepresented. Only 10.7 percent of the founders are female, which represents a decline of 2.1 percentage points compared to the previous year. In comparison, startups founded or co-founded by women in Hamburg (11.6%) are more common than in Munich (9.0%) and the metropolitan region Rhine-Ruhr (8.9%) and Berlin (10.7%). While the number of startups founded by women has increased by 4.6%, compared to men, more women have founded a company without a team. On 21.7% of male founders have founded a company by themselves. Age: The founders surveyed are on average 34.9 years old Education: A possible explanation for different founding strategies may be found in the duration of educational training: 81.2% of participants come from a scientific background and have completed at least a Bachelors degree. The regional comparison shows that founders in Munich more often completed a university degree (87.0%) compared to founders in Berlin (83.0%), Hamburg (81.7%) and in the Rhine-Ruhr region (79.9%). About 8.6% of all founders started but did not finish a university degree. The main courses of study for founders are mostly business related; though Munich has many founders who are engineers (11.8%). Salaries: Based on the DSM, a monthly gross income of 2,519 EUR for founders was determined, which is higher than the national average salary. Founders in the Rhine Ruhr area earned the most with EUR per month followed by founders in Hamburg (3,119 EUR), Munich (2,818 EUR) and Berlin (2,637 EUR). An increase in salary can be seen over time. In later stages, the average gross income was 6,5550 EUR per month. 3
4 Economic Indicators Sales development and planning: In the last full fiscal year, almost half of the startups generated revenues of more than 250,000 Euros. 17.1% of the startups generated an annual turnover of over 1 million Euros. 7.6% achieved more than 5 million Euros, but still 10% of the startups did not generate any revenue. In the first 12 months of foundation, every fourth founder did not depend on external investments. The most important sources of capital to finance their startups come from appropriate savings (82.5%), followed by "friends and family" (32.7%), state subsidies (29.1%), business angels (28.2%) and venture capital (21.4%). Incubators (10.9%) and bank loans (10.2%) play only a minor role in startup funding. Human Resources Startups employ an average of 14.5 people (excluding the founder). In addition, if the average number of founders is added, 16.8 jobs are created per startup. Also the comparison of the regional ecosystems is interesting: Founders in Hamburg employ on average 24.3 people, and Berlin startups have on average 23.2 employees, which is less than the average of employees found in the Rhine-Ruhr metropolitan region (approx staff) and Munich (approx employees). The employment effect of startups (without founders) becomes even clearer taking into account the startup phases. Startups in the seed-stage offer an average of 1.8 jobs (N = 193), in the startup stage an average of 5 (N = 397), in the growth stage an average of 26.5 (N = 241) and in the later stage an average of 181 employees. Political and Legal Environment Economical framework conditions to create and strengthen the ecosystem have an important influence on the startup landscape. On the basis of five questions, founders had the opportunity to express their satisfaction with political support. On average, the regional government was evaluated as 'sufficient' same result given to the federal government. In 4
5 response to the question to what extent the policy understands the specific needs of startups, the result was particularly negative. Overall, German founders feel misunderstood by politicians, which is reflected by their poor evaluation rating. These results are supported by the survey of 50 experts in the course of the Global Entrepreneurship Monitor country report for Germany. In Germany, when it comes to legal conditions, data protection is an important issue. As the internet is so important for startups, new challenges with regard to the regulatory framework conditions arise for legislators. In fact, 29.8% of respondents refer to the current privacy policy in Germany as difficult. To strengthen the competitiveness, attracting international experts is a topic of importance for German founders. Even though the foundation of the EU made working internationally much easier, there are still serious legal hurdles for 24.5% of the founders to overcome. Cultural Acceptance of Entrepreneurs The German culture tends to not accept the failure of founders. German entrepreneurs are socially influenced not to pursue a second or third chance if their startup has already failed since failure is often associated with weakness and personal fault. This link represents a serious obstacle in their confidence to first found a company. However, German founders are very open to inviting foreign specialists, and the social status of founders in the society is estimated to be high as well since more than half (50.3%) of study participants classified their social status as (rather) high. About a quarter of the respondents (24.5%) considered it as (rather) low. Conclusion Though German founders are 90% male, university educated and found in teams, the share of female founders is expected to grow within the next few years. The geographical hubs for startups in Germany are Berlin (39%), Hamburg (8%), Munich (8%) and the Rhine Ruhr area. For the German startup ecosystem, all kinds of business models and catagories of startups can be found (for example 21.1% in software, 12.3% E-commerce, 10.5% mobile web applications). 5
6 The German society has a low tolerance for failure and the legal and political environment is making the perceived situation of founders difficult. Even though initial financing is sufficient, startups face difficulties in accessing growth capital. However, despite limits in growth and underpresentation in political and legal frameworks, startups in Germany still significantly contribute to job creation and generate significant revenue for the German economy, and therefore more attention should be given to the economic and socio-economic benefits of startup foundation and growth within Germany and beyond. 6
Germany. nderstand. needs to. startups
nderstand Germany needs to startups 2015 Press conference: Deutscher Startup Monitor 2015 Berlin, 22 September 2015 Deutscher Startup Monitor (DSM) is a joint project of the Bundesverband Deutsche Startups
More informationFrance Chapter. Salary by Employment Level, Education Level, Sex, Age, and Years Experience...2
Society for Technical Communication France Chapter 2006 France Salary Survey The France Chapter of the STC recently surveyed people working as technical communicators in France about their salaries. The
More informationWhat European Incubators Can Learn From Their American Counterparts: An Analysis of the Critical Success Factors for a Startup Incubator
Journal of Tourism and Hospitality Management, ISSN 2328-2169 January 2014, Vol. 2, No. 1, 40-47 D DAVID PUBLISHING What European Incubators Can Learn From Their American Counterparts: An Analysis of the
More informationELEFTHO : Supporting Business Incubators & technology parks.
ELEFTHO : Supporting Business Incubators & technology parks. Region of Central Macedonia Task Page 1 of 14 Contents Description of policy... 3 Name of the policy... 3 Responsible body... 3 Implementation
More informationDigital Heart of Europe: low pressure or hypertension? State of the Digital Economy in Central and Eastern Europe
Digital Heart of Europe: low pressure or hypertension? State of the Digital Economy in Central and Eastern Europe Author: Jan Klesla Editors: Maria Staszkiewicz and Milan Zubíček ICT VALUE ADDED share
More informationGraduate Entrepreneurial Intention in Turkey: Motivators and Obstacles. Nurdan Özarallı Marmara University, Istanbul, Turkey
Graduate Entrepreneurial Intention in Turkey: Motivators and Obstacles Nurdan Özarallı Marmara University, Istanbul, Turkey ENTREPRENEURSHIP Entrepreneurship has long been recognized as one of the tools
More informationEBA REPORT ON THE BENCHMARKING OF DIVERSITY PRACTICES. EBA-Op-2016-10 08 July 2016
EBA REPORT ON THE BENCHMARKING OF DIVERSITY PRACTICES EBA-Op-2016-10 08 July 2016 BENCHMARKING OF DIVERSITY PRACTICES AT THE EU LEVEL Benchmarking of diversity practices at the European Union level List
More informationEntrepreneurship in Egypt
It s fine to celebrate success but it is more important to heed the lessons of failure. Bill Gates Entrepreneurship in Egypt Opportunities, Challenges and Recommendations Egypt Network for Integrated Development
More informationAlain Schmitt Directorate General for Enterprise October 14 th, 2014
Alain Schmitt Directorate General for Enterprise October 14 th, 2014 I. Facts and figures about innovation in France II. Startup financing III. Entrepreneurship culture and ecosystems Worldwide ranking
More informationChapter 6. Financing of innovative entrepreneurs
Chapter 6. Financing of innovative entrepreneurs Ukraine has entrepreneurial talent and a relatively strong risk-taking attitude. These are major ingredients for any policy intervention seeking to promote
More informationA programme of the National Centre for Research and Development
A programme of the National Centre for Research and Development GO_GLOBAL.PL Increasing the scale of commercialisation of research results or development works of Polish companies on global markets 1.
More informationIs there a difference between intrapreneurs and early-stage entrepreneurs in Romania?
Theoretical and Applied Economics Volume XX (2013), No. 6(583), pp. 53-60 Is there a difference between intrapreneurs and early-stage entrepreneurs in Romania? Annamária BENYOVSZKI Babeş-Bolyai University,
More informationWho wants to be an entrepreneur?
Entrepreneurship at a Glance 215 Key findings: Italy Who wants to be an entrepreneur? In all the economies of the world, entrepreneurship is key for economic development and to promoting social integration
More informationPan-European opinion poll on occupational safety and health
PRESS KIT Pan-European opinion poll on occupational safety and health Results across 36 European countries Press kit Conducted by Ipsos MORI Social Research Institute at the request of the European Agency
More informationRBS Enterprise Tracker, in association with UnLtd
RBS Enterprise Tracker, in association with UnLtd 4th Quarter 2013 Populus interviewed 3,789 UK adults, online, between 1 st and 3 rd November 2013 in the latest wave of the RBS Enterprise Tracker, in
More informationSECTOR ASSESSMENT (SUMMARY): MICRO, SMALL, AND MEDIUM-SIZED ENTERPRISE DEVELOPMENT
Women s Entrepreneurship Support Sector Development Program (RRP ARM 45230) SECTOR ASSESSMENT (SUMMARY): MICRO, SMALL, AND MEDIUM-SIZED ENTERPRISE DEVELOPMENT A. Overview 1. Significance of micro, small,
More informationEUROBAROMETER 72 PUBLIC OPINION IN THE EUROPEAN UNION
Standard Eurobarometer European Commission EUROBAROMETER 72 PUBLIC OPINION IN THE EUROPEAN UNION AUTUMN 2009 NATIONAL REPORT Standard Eurobarometer 72 / Autumn 2009 TNS Opinion & Social June 17, 2003 EXECUTIVE
More informationREMARKS BY H.E. MARTHA POBEE ON WOMEN AND YOUTH ENTREPRENEURSHIP IN AFRICA: THE IMPACT OF ENTREPRENEURIAL EDUCATION ON DEVELOPMENT
REMARKS BY H.E. MARTHA POBEE ON WOMEN AND YOUTH ENTREPRENEURSHIP IN AFRICA: THE IMPACT OF ENTREPRENEURIAL EDUCATION ON DEVELOPMENT UNITED NATIONS, NEW YORK, 13TM JUNE, 2016 I thank the co-sponsors for
More informationMinisterie van Toerisme, Economische Zaken, Verkeer en Telecommunicatie Ministry of Tourism, Economic Affairs, Transport and Telecommunication
SME Policy Framework for St. Maarten May, 2014 Department of Economic Affairs, Transportation & P. 1 of 16 TABLE OF CONTENTS 1. Introduction 2. SME Developments in St. Maarten 2.1 Definition 2.2 Government
More informationEuropean Union SME policies. Ulla Hudina
European Union SME policies Ulla Hudina EU Finance Day for SMEs, Athens, 20th January 2009 Supporting SMEs SMEs backbone of EU economy: important players in all value chains; 23 million SMEs (99 % of all
More informationNew Scientist/SRG Salary Survey 2013
New Scientist/SRG Salary Survey 2013 Contents + Background + Objectives + Methodology + Executive Summary + Respondent Profile + Main Findings + Summary of Findings + Appendix Background & objectives +
More informationUNINSURED ADULTS IN MAINE, 2013 AND 2014: RATE STAYS STEADY AND BARRIERS TO HEALTH CARE CONTINUE
UNINSURED ADULTS IN MAINE, 2013 AND 2014: RATE STAYS STEADY AND BARRIERS TO HEALTH CARE CONTINUE December 2015 Beginning in January 2014, the federal Patient Protection and Affordable Care Act (ACA) has
More informationYOUTH UNEMPLOYMENT IN TANZANIA
YOUTH UNEMPLOYMENT IN TANZANIA Tanzania Team Mwanjali,, S; Teye,, A; Shelukindo,, R WBI Labor Market Core Course MARCH 2005 OUTLINE Country profile Background information Employment by major sector Unemployment
More informationBlackstone Charitable Foundation. Request for Proposal for Organizational Grants
Blackstone Charitable Foundation Request for Proposal for Organizational Grants July 2013 Table of Contents I. Purpose... 2 II. Background... 4 III. Grant Areas... 6 IV. Proposal Guidelines... 8 V. Information
More informationGEM Canada Report on. Women s Entrepreneurship
013+2014 Women s Entrepreneurship GEM CANADA REPORT ON WOMEN S ENTREPRENEURSHIP Karen D. Hughes University of Alberta This publication is available on-line at: www.thecis.ca Publication Date: November
More informationCONSULTATION DOCUMENT REVIEW OF THE EUROPEAN VENTURE CAPITAL FUNDS (EUVECA) AND EUROPEAN SOCIAL ENTREPRENEURSHIP FUNDS (EUSEF) REGULATIONS
EUROPEAN COMMISSION Directorate-General for Financial Stability, Financial Services and Capital Markets Union FINANCIAL MARKETS Asset management CONSULTATION DOCUMENT REVIEW OF THE EUROPEAN VENTURE CAPITAL
More informationHAVING REGARD to Article 5 b) of the Convention on the Organisation for Economic Cooperation and Development of 14 December 1960;
THE COUNCIL, HAVING REGARD to Article 5 b) of the Convention on the Organisation for Economic Cooperation and Development of 14 December 1960; HAVING REGARD to the 1976 Recommendation of the Council on
More information2. THE ECONOMIC BENEFITS OF EDUCATION
2. THE ECONOMIC BENEFITS OF EDUCATION How much more do tertiary graduates earn? How does education affect employment rates? What are the incentives for people to invest in education? What are the incentives
More information5. Funding Available for IP-Rich Businesses
20 IP Finance Toolkit 5. Funding Available for IP-Rich Businesses Introduction As the Banking on IP? report notes; SMEs first port of call for finance is often a bank. Figures quoted in the report show
More informationYOUNG GENERATION: BARRIERS TO SETTING UP A BUSINESS IN THE CZECH REPUBLIC
YOUNG GENERATION: BARRIERS TO SETTING UP A BUSINESS IN THE CZECH REPUBLIC CONTENT 1. INTRODUCTION... 1 2. SURVEY RESULTS... 1 3. ANALYSES OF VARIOUS BARRIERS TO SETTING UP A BUSINESS IN THE CZECH REPUBLIC...
More informationACTION ENTREPRENEURSHIP GUIDE TO GROWTH. Report on Futurpreneur Canada s Action Entrepreneurship 2015 National Summit
ACTION ENTREPRENEURSHIP GUIDE TO GROWTH Report on Futurpreneur Canada s Action Entrepreneurship 2015 National Summit REPORTING BACK Introduction Futurpreneur Canada launched Action Entrepreneurship in
More informationAhlers AG, Herford. ISIN DE0005009708 and DE0005009732 INTERIM REPORT
Ahlers AG, Herford ISIN DE0005009708 and DE0005009732 on the first nine months of fiscal 2005/06 (December 1, 2005, to August 31, 2006) BUSINESS DEVELOPMENT IN THE FIRST NINE MONTHS OF FISCAL 2005/06 According
More informationAustria s only Institutional Premium Accreditation 1
Austria INSTITUTIONAL STRATEGIC MANAGEMENT ACCREDITATION 1st BEST CAREER SERVICES SATISFACTION AWARD 2nd BEST EMPLOYMENT RATING AWARD 2nd BEST UNIVERSITY BRAND PERCEPTION AWARD * * Austria s Top University
More informationCoordinated by EBN - European Business and Innovation Centre Network (www.ebn.eu).
This initiative is supported by the European Commission s Directorate-General for Enterprise and Industry and financed under the Competitiveness and Innovation Framework Programme (CIP). Coordinated by
More informationGlobal Gender Pay Gap Survey. United States, Canada, United Kingdom, France, Germany, The Netherlands, Switzerland
Global Gender Pay Gap Survey United States,, United Kingdom,,, The, Overview There has been much discussion of late related to the pay gap between men and women. The World Economic Forum finds that, while
More informationCIMA SALARY SURVEY 2013. Sri Lanka
CIMA SALARY SURVEY 2013 Sri Lanka 1 Foreword This year s annual salary survey of the CIMA community in Sri Lanka highlighted another year of rapid career progression across all areas of a business and
More information3rd European Conference on the Future Internet. 4-7 November, 2015 Hamburg Germany
3rd European Conference on the Future Internet 4-7 November, 2015 Hamburg Germany EUROPEAN CONFERENCE ON THE FUTURE INTERNET WHAT IS IT ABOUT? The European Conference on the Future Internet (ECFI) aims
More informationGraduate Placement Report 2015
Graduate Placement Report 2015 This Graduate Placement Report 2015 is the fourth annual report released by Rotterdam School of Management, Erasmus University (RSM). The results of this survey provide information
More informationThe Kauffman Foundation and LegalZoom STARTUP ENVIRONMENT INDEX. February 2013
The Kauffman Foundation and LegalZoom STARTUP ENVIRONMENT INDEX 2012 February 2013 2013 by the Ewing Marion Kauffman Foundation. All rights reserved. THE KAUFFMAN FOUNDATION Overview The financial crisis
More informationBusiness Angels - an alternative source of financing innovative SMEs
Business Angels - an alternative source of financing innovative SMEs EBAN The European Trade Association for Business Angels, Seed Funds and other Early Stage Investors Jacek Blonski Vice President European
More informationMERCER. TOTAL REMUNERATION SURVEYS 2012 A closer look at regional, industry-specific and gender pay differences in Switzerland
MERCER TOTAL REMUNERATION SURVEYS 212 A closer look at regional, industry-specific and gender pay differences in Switzerland Christa Zihlmann, Geneva Mercer WHO WE ARE A global leader in human resource
More informationsource of financing innovative SMEs
Business Angels - an alternative source of financing innovative SMEs EBAN The European Trade Association for Business Angels, Seed Funds and other Early Stage Investors Jacek Blonski Vice President European
More informationQ: What type of startups is Intel Capital looking to invest in via the Diversity Fund?
The Intel Capital Diversity Fund -- Questions and Answers June 9, 2015 Background: On June 9, Intel Capital announced the Intel Capital Diversity Fund the largest venture fund of its kind to invest $125
More informationYoung Invincibles. New Poll Finds More Than Half of Millennials Want To Start Businesses. Access to Capital and Lack of Know-How Are Key Barriers
Young Invincibles Policy Brief New Poll Finds More Than Half of Millennials Want To Start Businesses Access to Capital and Lack of Know-How Are Key Barriers This research was funded in part by the Ewing
More informationGlobal Leadership Conference 2014. Andrea Vogel EMEIA Market Leader, Strategic Growth Markets
Global Leadership Conference 2014 Andrea Vogel EMEIA Market Leader, Strategic Growth Markets The EY G20 Entrepreneurship Barometer 2013 The power of three Together, governments, entrepreneurs and corporations
More informationJoint conclusions of the Spanish Presidency EU Youth Conference youth employment and social inclusion, Jerez, Spain 13-15 April 2010
Joint conclusions of the Spanish Presidency EU Youth Conference youth employment and social inclusion, Jerez, Spain 13-15 April 2010 Youth Employment is the common theme of the three EU Youth Conferences
More informationReport on the public consultation on the New SME Policy
Report on the public consultation on the New SME Policy 1. Introduction In September 2014, the European Commission launched a public consultation to gather feed-back and ideas on how the Small Business
More informationNursing Education Program of Saskatchewan (NEPS) Employment Survey:
Nursing Education Program of Saskatchewan (NEPS) Employment Survey: Graduates of the NEPS Program in the 2003 2004 Academic Year 5 Year Follow up Prepared for The College of Nursing of the University of
More informationDigital Entrepreneurship Monitor. EC, Dana Eleftheriadou EY, Alessandro Cenderello Brussels, 26 September 2014
Digital Entrepreneurship Monitor EC, Dana Eleftheriadou EY, Alessandro Cenderello Brussels, 26 September 2014 Digital Entrepreneurship Monitor Agenda 1. Overview of national policy initiatives and business
More informationIJPSS Volume 2, Issue 3 ISSN: 2249-5894
A STUDY ON PROBLEM AND PROSPECTS OF WOMEN ENTREPRENEURS WITH SPECIAL REFERENCE TO G. PALANIAPPAN* C. S. RAMANIGOPAL** A. MANI*** ERODE DISTRICT ABSTRACT: Women have been successful in breaking their confinement
More informationMatti Kyrö. International comparisons of some features of
Matti Kyrö International comparisons of some features of Finnish education and training International comparisons of some features of the Finnish education and training system The education system DOCTORAL
More informationSmall Business Environment in Croatia
Small Business Environment in Croatia What do we know about small business environment in Croatia? Zagreb, November 2012. Prepared by: prof. dr. Slavica Singer CEPOR's President of the Board singer@efos.hr
More informationAPRIL 2015. Economic Impact of AIM
APRIL 2015 Economic Impact of AIM Foreword AIM, which is 20 years old this year, has weathered several economic storms over the past two decades, but has remained true to its core purpose of providing
More informationEUROPEAN CHARTER FOR SMALL ENTERPRISES
EUROPEAN CHARTER FOR SMALL ENTERPRISES Small enterprises are the backbone of the European economy. They are a key source of jobs and a breeding ground for business ideas. Europe s efforts to usher in the
More informationCentral African Republic Country Profile 2011
Central African Republic Country Profile 2011 Public Disclosure Authorized Public Disclosure Authorized Public Disclosure Authorized Public Disclosure Authorized Region: Sub-Saharan Africa Income Group:
More informationBULGARIA. Digital Transformation of Small and Medium Enterprises in. DELab UW Country Report April 2016. delab.uw.edu.pl delab@uw.edu.
Digital Transformation of Small and Medium Enterprises in DELab UW Country Report April 2016 delab.uw.edu.pl delab@uw.edu.pl DELAB raport B5 Bulgaria.indd 1 01/04/16 15:13 Authors: dr hab. Katarzyna Śledziewska
More informationTable of Contents. Excutive Summary
Presented by: 1 Table of Contents Excutive Summary I. Introduction II. Methodology III. Results of the Graduate Impact Survey IV. Implications and Outlook V. Literature 2 Executive Summary The Graduate
More informationOCBC BANK TO PILOT NEW FINTECH SOLUTIONS DEVELOPED BY START- UPS IN ITS INAUGURAL ACCELERATOR PROGRAMME
OCBC BANK TO PILOT NEW FINTECH SOLUTIONS DEVELOPED BY START- UPS IN ITS INAUGURAL ACCELERATOR PROGRAMME Three of the eight start-ups completed successful proof-of-concepts for new solutions in wealth management
More informationOctober 2015. The human touch: The role of financial advisors in a changing advice landscape
October 2015 The human touch: The role of financial advisors in a changing advice landscape Table of contents Executive summary 1 Introduction 3 Survey methodology 4 Key findings 5 Interest in working
More informationEmployment of international graduates from Finnish Higher Education Institutions
Employment of international graduates from Finnish Higher Education Institutions KV-kevätpäivät, Lahti, 22 May 2012 Yuzhuo Cai & Yulia Shumilova Higher Education Group, School of Management University
More informationThe Umbrella Concept A New Internationalization Perspective
The Umbrella Concept A New Internationalization Perspective Prof. Dr. Rolf-Dieter Reineke University of Applied Sciences and Arts Northwestern Switzerland (FHNW) Institute of Management Bahnhofstrasse
More informationaustria wirtschaftsservice 2012 06 15 Belgrade Jovo Nedic
austria wirtschaftsservice 2012 06 15 Belgrade Jovo Nedic Agenda About aws aws policy and instruments for innovation Programs and Instrumens for innovative companies Programs and Instrumens for High-Tech
More informationThe Driver Roadmap Where Uber Driver-Partners Have Been, And Where They re Going
The Driver Roadmap Where Uber Driver-Partners Have Been, And Where They re Going Research Highlights And Uber is an attractive option. Uber attracts driver-partners from a wide range of backgrounds Half
More informationAustralia Awards Indonesia. Short Term Award Application Pack
Australia Awards Short Term Award Application Pack Taking Business to the next level A course for leaders, entrepreneurs and innovators of technology-enabled start-ups Page 1 Goals and purpose of Australia
More informationMain trends in industry in 2014 and thoughts on future developments. (April 2015)
Main trends in industry in 2014 and thoughts on future developments (April 2015) Development of the industrial sector in 2014 After two years of recession, industrial production returned to growth in 2014.
More information2015 SPE Membership Salary Survey HIGHLIGHT REPORT. SPE Research speresearch@spe.org
2015 SPE Membership Salary Survey HIGHLIGHT REPORT SPE Research speresearch@spe.org 2015 SPE Membership Salary Survey Highlight Report On 29 July 2015, Society of Petroleum Engineers (SPE) sent invitations
More informationECONOMIC FACTORS AFFECTING COMPENSATION
Unit 4: Total Rewards 41 ECONOMIC FACTORS AFFECTING COMPENSATION Inflation Inflation has a substantial impact on compensation practices. Managing a compensation program is especially difficult during periods
More informationThe Committee is invited to forward the draft Conclusions to the Council (EPSCO) for adoption at its session on 7 December 2015.
Council of the European Union Brussels, 12 November 2015 13766/15 SOC 643 EMPL 423 NOTE from: General Secretariat of the Council to: Permanent Representatives Committee (Part I) / Council No prev.doc:
More informationGE Global Innovation Barometer
GE Global Innovation Barometer 2013 Results Focus Poland 1 Copyright 2012 Daniel J Edelman Inc. GE global innovation barometer methodology Now in its third edition and spanning across 25 countries, the
More informationWomen s Finance in the MENA region
Women s Finance in the MENA region This document is an adaptation by AFAEMME of the report Ready for Growth: solutions to increase access to finance for women-owned businesses in the Middle East and North
More informationApplication for Accelerator Programme September 2014
Application for Accelerator Programme September 2014 Entering the Australian market is a difficult venture. Your company needs to assess the market, establish a presence in the ideal location, build your
More informationTHE ENTREPRENEUR AND EXTERNAL ENVIRONMENT ROLE IN SME S COMPETITIVENESS NICOLAE BIBU, DIANA SALA
THE ENTREPRENEUR AND EXTERNAL ENVIRONMENT ROLE IN SME S COMPETITIVENESS NICOLAE BIBU, DIANA SALA Nicolae BIBU, Professor, PhD Western University of Timisoara, The Economics Faculty Diana SALA, Prof. Assistant,
More informationEntrepreneurship Education at European Universities and Business Schools
Entrepreneurship Education at European Universities and Business Schools - Results of a Joint Pilot Survey - September 2004 by Karen Wilson 1 Contents Survey background and methodology Findings Conclusions
More informationSMEs access to finance survey 2014
EUROPEAN COMMISSION MEMO Brussels, 12 November 2014 SMEs access to finance survey 2014 This memo outlines the results of a survey undertaken by the European Commission to provide policy makers with evidence
More informationStatistics on E-commerce and Information and Communication Technology Activity
Assessment of compliance with the Code of Practice for Official Statistics Statistics on E-commerce and Information and Communication Technology Activity (produced by the Office for National Statistics)
More informationMaster Program in Entrepreneurship and Technology Management in Estonia
Master Program in Entrepreneurship and Technology Management in Estonia J. Andrijevskaja * and T. Mets Centre for Entrepreneurship, Faculty of Economics and Business Administration, University of Tartu,
More informationHow To Help A Cloud Computing Startup In Lithuania
Successful entrepreneurship development&new working places creation - to develop THE three parties in the eco- system Industry Industry desperately needs new innovative solutions, which could be proven
More informationGerman Mittelstand: Engine of the German economy
German Mittelstand: Engine of the German economy Facts and figures about small and medium-sized German firms www.bmwi.de Introduction Economy Exports Employment R&D Financing SME policy Sources Germany
More informationKey Findings of 1999 Infocomm Manpower and Skills Survey
1 SURVEY BACKGROUND 1.1 Survey Objectives Before the formation of IDA, the NCB conducted the IT Manpower & Skills Inventory Survey biennially. This 1999 Infocomm Manpower & Skills Survey is the first joint
More informationSummary of the Research on the role of ICT related knowledge and women s labour market situation
Summary of the Research on the role of ICT related knowledge and women s labour market situation Comparative anlysis of the situation in the five surveyed countries: Analysis of data about employment shows
More informationRiga Facts & Figures. Riga Facts &
Riga Facts & Figures 1 Riga Facts & Figures 2015 2 Riga Facts & Figures TABLE OF CONTENTS 1. General Information...1 2. Economics...4 3. Territory...12 Riga Facts & Figures 2015 Riga Facts & Figures 1
More information1. Financial highlights for the period
betbull, formerly betbull plc, ( betbull ) announces the release of the unaudited group consolidated financial statements for the nine months ended 30 November 2009 1. Financial highlights for the period
More informationBayernLB posts good operating income of EUR 597 million for the first half of 2009
BayernLB posts good operating income of EUR 597 million for the first half of 2009 Operating earnings rise to EUR 2,077 million Consolidated net income after taxes reaches EUR 359 million Return on equity
More informationSTRATEGIC POLICY FORUM ON DIGITAL ENTREPRENEURSHIP. Fuelling Digital Entrepreneurship in Europe. Background paper
EUROPEAN COMMISSION ENTERPRISE AND INDUSTRY DIRECTORATE-GENERAL Service Industries Key Enabling Technologies and Digital Economy Introduction STRATEGIC POLICY FORUM ON DIGITAL ENTREPRENEURSHIP Fuelling
More informationFocus on Europe. Results of a representative survey commissioned by the Association of German Banks ahead of the 20th German Banking Congress 2014
Focus on Europe Results of a representative survey commissioned by the Association of German Banks ahead of the 20th German Banking Congress 2014 April 2014 I. Stronger appreciation of the benefits of
More informationFINTECH CORPORATE INNOVATION INDEX 2015
FINTECH CORPORATE INNOVATION INDEX 2015 Page 01 FOREWORD Nicole Anderson CEO FINTECH CIRCLE INNOVATE The FinTech eco-system is shaping the future of financial services and it s about new entrants, new
More informationManchester City Council Report for Information. Overview and Scrutiny Business Start Up Task and Finish Group 1 February 2012
Manchester City Council Report for Information Report To: Subject: Report of: Overview and Scrutiny Business Start Up Task and Finish Group 1 February 2012 Access to Finance for Start Up Businesses Interim
More informationMassMutual s State of the American Family Chinese Families
MassMutual s State of the American Family Chinese Families Executive Summary Needs-based Strategies To understand the changing landscape of American financial security, MassMutual released the third wave
More informationGE Global Innovation Barometer
GE Global Innovation Barometer 2013 Results Focus Turkey 1 Copyright 2012 Daniel J Edelman Inc. GE global innovation barometer methodology Now in its third edition and spanning across 25 countries, the
More informationGerman Language Teaching and Teacher Training at Colleges and Universities in the US
German Language Teaching and Teacher Training at Colleges and Universities in the US Summary of Results of Online Survey Conducted Between April 7-24, 2003 By Megan Brenn-White May 2003 The survey was
More informationIV. DEMOGRAPHIC PROFILE OF THE OLDER POPULATION
World Population Ageing 195-25 IV. DEMOGRAPHIC PROFILE OF THE OLDER POPULATION A. AGE COMPOSITION Older populations themselves are ageing A notable aspect of the global ageing process is the progressive
More informationOPEN What We Heard January 2014
OPEN What We Heard January 2014 Introduction Table of Contents Overall, Small Business is thriving in Alberta. Small businesses make up 95 percent of all Alberta businesses, and are key contributors to
More informationRural Business Incubator
Erasmus IP European Wilderness Entrepreneurship Rural Business Incubator An unique opportunity for rural socio-economic development! Clara Ruby Pérez Fernández Milos Van Leest Emilian Stoynov Tea Mazić
More informationConference "Competencies and Capabilities in Education" Oradea 2009 EDUCAŢIA ANTREPRENORIALĂ - EDUCAŢIE PENTRU VIITOR
EDUCAŢIA ANTREPRENORIALĂ - EDUCAŢIE PENTRU VIITOR ENTREPRENEURIAL EDUCATION - EDUCATION FOR THE FUTURE Andrada Pandelea 1 Abstract The development of the entrepreneurial spirit among young people is a
More informationREVIEW OF THE SURVEY OF ENTERPRISES ON BUSINESS FINANCING. Second half
+ REVIEW OF THE SURVEY OF ENTERPRISES ON BUSINESS FINANCING 2016 2013 Q1 REVIEW OF THE SURVEY OF ENTERPRISES ON BUSINESS FINANCING Second half ISSN 2424-4791 (ONLINE) REVIEW OF THE SURVEY OF ENTERPRISES
More informationSuccessful Accounting/Financing for Small Business Financing Overview
Successful Accounting/Financing for Small Business Financing Overview Department of Economics Finance, and Decision Sciences University of North Carolina at Pembroke ramin.maysami@uncp.edu 910-987-2311
More informationBy Margaret E. Blume-Kohout, MBK Analytics, LLC, Albuquerque, NM 87109-3367, 67 pages. Under contract number SBAHQ-14-M-0106
RESEARCH SUMMARY Advocacy: The Voice of Small Business in Government February 2016 No. 432 Imported Entrepreneurs: Foreign-Born Scientists and Engineers in U.S. STEM Fields Entrepreneurship By Margaret
More informationExecutive Summary. of the new Italian legislation on innovative startups
Executive Summary of the new Italian legislation on innovative startups 20 th October 2014 Italian Ministry of Economic Development Minister s Technical Secretariat A new industrial policy for economic
More informationBusiness in Ireland. Published by the Stationery Office, Dublin, Ireland. Available from:
An Phríomh-Oifig Staidrimh Central Statistics Office Business in Ireland 2012 Published by the Stationery Office, Dublin, Ireland. Available from: Central Statistics Office, Information Section, Skehard
More information