The German Mittelstand

Page 11

BDI Fact Check | Mittelstand & Family Businesses The German Mittelstand

Corporate character and economic significance

Is the success of the German Mittelstand a foregone conclusion?

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SMEs account for around 54 percent of net value added in Germany (IW Köln 2019a). Strong competitiveness and innovative strength are based on a number of internal and external success factors. To maintain the high international reputation of the label “Made in Germany”, policy makers should understand and support this spe­cial model of success.

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Clear, long-term strategies, reliable networks, resilient ownership structures and financial independence are particularly important for entrepreneurial activity in Mittelstand companies.

Success factors of the German SME sector Source: A.T. Kearney & BDI (2016)

Internationality Corporate stability

Network

Leadership and culture

Product and brand

Success Sales and market intelligence

Socioeconomic environment

Strategy

Production and costs

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Can SMEs take the digitalisation for granted?

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page 27

Are SMEs driving research, development and innovation?

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page 26

Is the SME sector suffering from an increasing shortage of qualified workers?

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page 25

Do disclosure requirements go hand in hand with more and more transparency of company data?

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page 23

Do bureaucracy costs harm Germany as a business location?

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page 21

Is the German tax environment SME-friendly?

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page 16

Can German SMEs be a blueprint for other countries?

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page 7

Is the success of the German Mittelstand a foregone conclusion?

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page 11

Can the German SME sector be captured by a single definition?

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Is successful business succession in SMEs a social challenge?

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page 15

Are financing requirements for SMEs becoming stricter and more complex?

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page 20
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