{"id":11361,"date":"2016-06-05T09:00:12","date_gmt":"2016-06-05T07:00:12","guid":{"rendered":"http:\/\/cms.munich-startup.net\/?p=11361"},"modified":"2016-06-03T15:50:40","modified_gmt":"2016-06-03T13:50:40","slug":"kfw-start-up-monitor-2016-quality-instead-of-quantity","status":"publish","type":"post","link":"https:\/\/cms.munich-startup.net\/en\/11361\/kfw-start-up-monitor-2016-quality-instead-of-quantity\/","title":{"rendered":"KfW Start-up Monitor 2016: Quality instead of quantity"},"content":{"rendered":"

How does a strong labor market affect start-up activity in Germany? It's very direct, as the current KfW Start-up Monitor 2016 found in its representative survey on start-up activity in Germany.
\n<\/strong><\/p>\n

\"Dr.<\/a>
Dr. J\u00f6rg Zeuner, Director of KfW, Head of Department of Economics and Chief Economist<\/figcaption><\/figure>\n

Just like the DIHK Founder Report<\/a> The 2016 KfW Start-up Monitor concludes that start-up activity in Germany declined significantly last year. The number of founders fell by 152,000, or 17 percent, to 763,000 compared to the previous year. The Start-up Monitor clearly attributes this decline to the strong labor market. The unemployment rate also fell by a further 0.4 percentage points, resulting in a disproportionately lower number of "emergency start-ups due to a lack of better alternatives," which fell by 28 percent to 207,000.<\/p>\n

"The very good situation on the labor market is inhibiting start-up activity. The positive aspect is that there have never been so few emergency founders,"<\/p><\/blockquote>\n

said Dr. J\u00f6rg Zeuner, Chief Economist of KfW, on the occasion of the presentation of the KfW Start-up Monitor 2016.<\/p>\n

Positive: Number of innovative start-ups is increasing<\/h3>\n

Another positive finding from the KfW Start-up Monitor is that the number of innovative start-ups has increased slightly by 6% to 95,000. What exactly constitutes an innovative start-up?<\/p>\n

The director of KfW, Dr. Zeuner, says:<\/p>\n

"Innovative start-ups are of great importance to our competitiveness because of their investments in research and development and their greater longevity. The number of start-ups has decreased in quantity, but structurally gained in quality."<\/p><\/blockquote>\n

One in five founders is a \u201cdigital\u201d founder<\/h3>\n

The 2016 KfW Start-up Monitor also attempts to shed light on the significance of digital technologies for entrepreneurs. The result: Entrepreneurs who use digital technologies to create new markets or conquer established markets now account for a substantial portion of the start-up activity. One in five founders (21 %) is a "digital" founder, meaning their offerings are exclusively available through digital technologies.<\/p>\n

The business models are diverse: Digital founders include app providers, operators of web portals, online retailers, software developers, and even web designers. The advantage of digitalization is evident in market access: While the founders are predominantly regionally focused (40% are national), 70% of "digital" founders target the national or international market directly.<\/p>\n

Use of external capital increases slightly<\/h3>\n

Overall, founders (65%) used financial resources somewhat more frequently in 2015 (2014: 62%), with 23% relying on external sources such as banks, private investors, or family and friends (2014: 21%). External capital is usually in the microfinance range up to \u20ac25,000 (15% of founders). However, the proportion of founders using higher levels of external capital has increased in recent years, reaching a record high of 8% in 2015.<\/p>\n

It is encouraging that in 2015 a quarter fewer founders had financing difficulties (from 20 to 15).<\/p>\n

\u201cFounders will always be more affected by financing difficulties than established entrepreneurs, as they usually have no entrepreneurial history and are often unable to provide collateral.<\/p><\/blockquote>\n

said Dr. Zeuner. He emphasized once again that KfW has a strong economic interest in ensuring that promising ideas do not fail due to lack of financing. He sees the development banks, not least of all, as having a duty to support start-up financing.<\/p>\n

The complete KfW Start-up Monitor 2016 can be viewed here<\/a><\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"

How does a strong labor market affect start-up activity in Germany? The current KfW Start-up Monitor 2016 found this to be very direct, as the representative survey on start-up activity in Germany revealed. Just like the DIHK Start-up Report, the KfW Start-up Monitor 2016 concludes that start-up activity in Germany declined significantly last year. ...<\/p>","protected":false},"author":24,"featured_media":11368,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[5634,1],"tags":[1720,1719,157],"acf":[],"yoast_head":"\nKfW-Gr\u00fcndungsmonitor 2016: Qualit\u00e4t statt Quantit\u00e4t - Munich Startup<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cms.munich-startup.net\/en\/11361\/kfw-start-up-monitor-2016-quality-instead-of-quantity\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"KfW-Gr\u00fcndungsmonitor 2016: Qualit\u00e4t statt Quantit\u00e4t - Munich Startup\" \/>\n<meta property=\"og:description\" content=\"Wie wirkt sich ein starker Arbeitsmarkt auf die Gr\u00fcndungst\u00e4tigkeiten in Deutschland aus? 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