Migene Gonzalez Wippler the Complete Book of Amulets and Talismans 02
SMEs and SME policy in Germany Dr. Armgard Maria Wippler Head of Section „General issues on SME...
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Transcript of SMEs and SME policy in Germany Dr. Armgard Maria Wippler Head of Section „General issues on SME...
SMEs and SME policy in GermanyDr. Armgard Maria WipplerHead of Section „General issues on SME PolicyFederal Ministry of Economic Affairs and Energy
2
German Mittelstand – an international brand
3
SME = Mittelstand?
Quantitative criteria
< 500 employees
< 50 Mio. € turnover
< 250 employees
< 50 Mio. € turnover or
< 43 Mio. € total assets
SME Mittelstand
“Mindset”
combination of ownership and liability
responsibility• for the success of the company • for staff• for the region
long-term strategy
4
SMEs are the backbone of the German economy
59,4 %
56,5 %
99,6
%
Nearly all enterprises are SMEs 3.7 million SMEs in Germany, a few thousand large ones 99,6 % of all enterprises
SME contribute strongly to economic activity
account for 56,5 % in total net added value
SME are a major driver of employment More than 15 million employees Almost 60 % of all employees 84 % of all trainees
5
What makes the German Mittelstand so successful?
Sector
Internationalization
Size
Innovation
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Success of German SMEsWhere does the state come in? Non-interventionist / competition policy /
regulatory framework
Availability of resources
Interplay between economic policy, self-governing bodies within business and business associations
Internal success factors
• highly qualified workforce
• dual vocational training system
• financial means to invest and grow
• availability of debt and equity capital via commercial sector
• public funding• high degree of
innovation
• R&D infrastructure• Innovation support
schemes• export orientation /
internationalization• foreign trade and
investment promotion
7
Within the dual vocational training systempractical and theoretical training are combined
in-company curriculum and school-based curriculum are coordinated
training content and examinations follow nationwide standards and are continually updated
chambers ensure a high level of quality
Dual vocational training system breeds skilled professionals with needs-oriented qualifications
8
Success of German SMEsWhere does the state come in? Non-interventionist / competition policy /
regulatory framework
Availability of resources
Interplay between economic policy, self-governing bodies within business and business associations
Internal success factors
• highly qualified workforce
• dual vocational training system
• financial means to invest and grow
• availability of debt and equity capital via commercial sector
• public funding• high degree of
innovation
• R&D infrastructure• Innovation support
schemes• export orientation /
internationalization• foreign trade and
investment promotion
Mittelstand spirit: act and grow on its own initiative
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Yes No0
50
100
17
83
Mittelstand relies on established structures
% of companies that received assistance within the last 3 years
No need
Other reasons
0 50 100
68
32
Reasons for not using assistance
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Success of German SMEsWhere does the state come in? Non-interventionist / competition policy /
regulatory framework
Availability of resources
Interplay between economic policy, self-governing bodies within business and business associations
Internal success factors
• highly qualified workforce
• dual vocational training system
• financial means to invest and grow
• availability of debt and equity capital via commercial sector
• public funding• high degree of
innovation
• R&D infrastructure• Innovation support
schemes• export orientation /
internationalization• foreign trade and
investment promotion
11
German Foreign Trade and Export Promotion
information on foreign trade and investments (GTAI)
bilateral chambers of commerce
investment guarantees
multilateral policies for open markets and fair trade
export credit guarantees
foreign trade-fair program
export initiatives
market development program
12
Success of German SMEsWhere does the state come in? Non-interventionist / competition policy /
regulatory framework
Availability of resources
Interplay between economic policy, self-governing bodies within business and business associations
Internal success factors
• highly qualified workforce
• dual vocational training system
• financial means to invest and grow
• availability of debt and equity capital via commercial sector
• public funding• high degree of
innovation
• R&D infrastructure• Innovation support
schemes• export orientation /
internationalization• foreign trade and
investment promotion
13
SME policy: actors at various levels
Government Private sector
political framework conditions
14
Thank you very much for your attention!
Khop Khun Maak Kha!
For further questions: [email protected]