What makes germany economically successful

It is mostly used to keep drinks like coffee and tea hot but can also be used for cooling purposes. Increases the effect of teeth cleaning with a brush. Toothpaste contains abrasive particles and active substances to combat dental diseases like caries and periodontosis. Germany is not only regarded as the country of great innovations in green technologies — groundbreaking inventions include the motorbike, the tram and the car.

In , Germany topped the European rankings, with 67, patent applications. But the lack of up-and-coming qualified workers is an obstacle. In order to further strengthen its ability to innovate, Germany is therefore partly dependent on the immigration of highly qualified professionals.

In short: smart people are important now and will continue to be so in the future, regardless of whether they come from Germany or from far away. Compared with other European countries, that is a considerable proportion. This is not so much the case in other countries and in some, the German word has even been taken up into the local language because there is no exact equivalent for it.

They range from small, innovative software-smiths to globally operating mechanical engineering firms right through to venerable old artisan businesses, and beyond. In purely statistical terms, any business with fewer than employees is a small and medium-sized enterprise, or SME.

In that case, it means that the owner or owners take the business decisions largely on their own — and assume the risks and liability. Moreover, many SMEs take an active role in their regions by sponsoring education, culture and sport. The principal sales argument for their products and services is not usually one of price, but the quality and the large number of innovations that have found practical implementation.

A large number of these companies are the European or worldwide market leaders in their sector. Within the usually fairly small, internal structures of these companies, numerous employees working in various disciplines, such as development, production, sales and service, are involved in the innovation processes and so play their part in innovation too.

In fact, truly innovative products are often the work of so-called hidden champions. Since many are tucked away in the provinces, their contribution is sometimes overlooked.

Quite a number of them employ a workforce of several thousand people. As employers, they are prized, since they tend to take a long-term view and generally provide secure and well-paid jobs. Main focus of the economic policy. Diverse research opportunities.

These, defined as companies that employ no more than people - the so-called "Mittelstand" - are the backbone of the German economy. They stand for 99 percent of the approximately three million companies in Germany, most of them family-owned.

Since the family's whole life is invested in the company, they keep it in Germany. Most of these families have a good cushion of capital, and so don't float their company on the market. That makes long-term planning more of a possibility. You don't expand faster than is good for the company.

Having a good product is often no longer enough to compete with low-wage economies in Asia. The "Made in Germany" now includes a number of extra services. One guarantee for the success of the "Germany Model" is advanced technologies. Germany is practically forced to innovate, because it doesn't have any real natural resources.

As many as 11 percent of German workers are employed in high-tech industries - far more than the EU average. While dreaming is allowed in the field of research, only hard facts count when it comes to infrastructure. But here, too, Germany passes the stress test. Only a few countries in the world can boast such well-developed networks in energy, telecommunications, roads, rail, and aviation.

Every European country is within a few hours' journey of Berlin - and the country's geographical location may well make up the final piece of the puzzle. That, and the moderate climate.

Arts and Architecture. Creativity and Fashion. Communication and Media. Town and Country. Earth and Climate. Landscapes and Habitats. Resources and Sustainability. Energy transition. Let us explain. Ready for export: cars wait for shipping in Emden. The important role of industry In Germany the share of industry in gross value added is Open economy Judging by the importance of foreign trade for gross domestic product GDP , Germany is the most open economy among the G7 states.

High performing medium-sized enterprise Medium-sized enterprises form the heart of the German economy. Strong economic centres The most important economic centres in Germany are the metropolitan regions of Munich high tech , Stuttgart vehicle construction , Rhine-Neckar chemicals, IT , Frankfurt am Main finance and Hamburg port, aircraft construction, media. The government-subsidized businesses to reduce working hours.

That kept people employed during the recession, although only part-time. Merkel and Putin enjoyed a relatively cordial relationship. Merkel arrived just one week after Russia cut off gas supplies to Belarus, which carried the main pipeline to Europe.

Russia does not want to jeopardize German foreign direct investment in Russia or bilateral trade. Putin also agreed to:.

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