Lack of capital for high-tech growth companies is a major weakness in Germany’s innovation system, becoming a critical competitive disadvantage especially during digital transformation. This transformation demands radical technological innovations, new business models, and rapid growth. Acatech, in collaboration with KfW and Deutsche Börse, brought together various stakeholders from the financial sector, high-tech growth companies, industry leaders, and academics to assess the situation and develop actionable strategies for policy, business, and academia.
The study’s recommendations extend beyond mobilizing traditional venture capital. It also explores alternative financing options and particularly addresses the interfaces between high-tech growth companies, established corporations, and academic institutions. These interfaces are key to securing a competitive position for Germany in the digitalization of industry.
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