This paper sets out to examine the differences between the founding culture and external conditions for startup companies focusing on digital products in Germany and the United States.
The aim is, simply put, to find the recipe for success in the startup world. Therefore, in a first step, special emphasis is put on the external conditions influencing startups, in particular legal questions and education in the field of entrepreneurial action and thinking. Secondly, internal conditions, as the influcence and role of co-founders and the importance of work culture are examined. In a third and final step, light is shed on supporting forces for startups, in particular financial funding and networking conditions.
The paper finishes by drawing a conclusion from the findings earlier on, stating that there remains much to be learned for German companies from the United Stets.
Inhaltsverzeichnis (Table of Contents)
- Introduction
- External conditions influencing startup companies
- Legal basis and bureaucratic effort:
- Various accesses for startups:
- Education in the field of Entrepreneurial Action and Thinking:
- Internal conditions affecting startup companies
- The meaning of the co-founder:
- Why work culture can decide the life and death of a startup
- Supporting forces for startups:
- Expanding Network Connections
- Mentorship
- Financial Funding
- Conclusion:
- Who is Arian Ney?
- Source Directory:
Zielsetzung und Themenschwerpunkte (Objectives and Key Themes)
This paper aims to analyze the key factors that differentiate startup enterprises in the field of digital products in Germany and the United States. It examines the success of US-based startups like Google, Amazon, Facebook, and Apple (GAFA) and seeks to understand why a comparable German startup hasn't emerged since SAP was founded in 1972.
- External conditions influencing startup companies
- Internal conditions affecting startup companies
- The role of supporting forces for startups
- The importance of education in entrepreneurial action and thinking
- Comparison of the startup ecosystems in Germany and the United States
Zusammenfassung der Kapitel (Chapter Summaries)
- Introduction: This chapter introduces the topic of startups and entrepreneurship, focusing on the success of GAFA companies and the question of why Germany hasn't seen a similar level of success.
- External conditions influencing startup companies: This chapter examines factors that affect startups beyond their control, such as legal frameworks, bureaucratic effort, access to talent, and education in entrepreneurship. It compares these factors in Germany and the US.
Schlüsselwörter (Keywords)
This work focuses on the startup ecosystem, entrepreneurial action, digital product development, external and internal conditions influencing startups, and the comparison of Germany and the United States. It particularly highlights factors like legal frameworks, access to talent, education in entrepreneurship, and work culture.
- Quote paper
- Mohamad Ali Mohamad (Author), 2019, Startup Enterprises in the Field of Digital Products in Germany and the United States. What is the Difference?, Munich, GRIN Verlag, https://www.grin.com/document/498967