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Analysis of Start-Up Ecosystems in Germany and in the USA

In: Leadership, Innovation and Entrepreneurship as Driving Forces of the Global Economy

Author

Listed:
  • Richard C. Geibel

    (Fresenius University of Applied Sciences)

  • Meghana Manickam

    (Stanford University)

Abstract

The start-up ecosystems in Germany and in the USA are different in several dimensions and they have a huge impact on the success of start-ups. In this study the factors that affect the start-up ecosystems are compared. What start-ups consider as critical to their success and how this varies based on the location of the start-ups are analyzed. Using the developed scoring mechanism, the study compares the relative scores of various success factors between the German and American start-ups to identify areas for improvement. The findings suggest that Germany is successful in implementing co-working spaces and incubators but it lacks on accelerator programs. Further, it needs to develop a better support system for their start-ups while the German start-ups themselves need to focus on building a stronger internal team in order to boost the start-up ecosystem.

Suggested Citation

  • Richard C. Geibel & Meghana Manickam, 2017. "Analysis of Start-Up Ecosystems in Germany and in the USA," Springer Proceedings in Business and Economics, in: Rachid Benlamri & Michael Sparer (ed.), Leadership, Innovation and Entrepreneurship as Driving Forces of the Global Economy, chapter 0, pages 639-649, Springer.
    • Handle: RePEc:spr:prbchp:978-3-319-43434-6_55
    DOI: 10.1007/978-3-319-43434-6_55
    as

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