Arbeitspapier
The Rise and Fall of German Innovation
In this paper, we describe the historical co-evolution of innovation and economic growth in Germany since 1871. The country's rise as an industrial power in the late 19th century, through its innovation and entrepreneurial performance, is contrasted with the post-World War II period. This latter period, although it contained the German economic miracle, was nevertheless a period during which innovation went into relative decline. We document this decline and offer four broad, interrelated explanations: (i) an innovation system locked into incremental innovation, (ii) a slowdown in the diffusion of technology, (iii) weaknesses in the education system, and (iv) entrepreneurial stagnation. Implications for policy are noted. Our paper contributes to the growing literature attempting to understand the decline in business dynamism that characterises many advanced economies.
- Sprache
-
Englisch
- Erschienen in
-
Series: IZA Discussion Papers ; No. 14154
- Klassifikation
-
Wirtschaft
Personal Income, Wealth, and Their Distributions
Entrepreneurship
Technological Change: Choices and Consequences; Diffusion Processes
Technological Change: Government Policy
Economywide Country Studies: Europe
- Thema
-
entrepreneurship
inequality
innovation
productivity
technology
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Naudé, Wim
Nagler, Paula
- Ereignis
-
Veröffentlichung
- (wer)
-
Institute of Labor Economics (IZA)
- (wo)
-
Bonn
- (wann)
-
2021
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:41 MEZ
Datenpartner
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Naudé, Wim
- Nagler, Paula
- Institute of Labor Economics (IZA)
Entstanden
- 2021
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