The Germans seem to be losing their entrepreneurial spirit. Fewer and fewer dare to be self-employed. Some sectors are particularly affected.
Interest in company start-ups in Germany reached its lowest level in 20 years last year.
Especially in the catering and retail trade, fewer and fewer people dared to take the step into self-employment, according to a report by the Association of German Chambers of Industry and Commerce (DIHK), about which the editorial network Germany reported.
After the long lockdown phases as a result of the corona pandemic, the uncertainties among founders are great, said DIHK President Peter Adrian. “There is a risk of losing a lot of entrepreneurial spirit,” he warned. “Because it is above all the numerous shops, restaurants and the many small and medium-sized companies that make personal responsibility and entrepreneurship tangible on site.”
decrease of ten percent
The number of potential founders who found out about starting a business in personal discussions with the chambers of industry and commerce fell by ten percent to almost 160,000.
According to the start-up report, however, interest in part-time start-ups has increased, bucking the trend: four percent more people wanted to build up a second line of business in economically uncertain times. And the number of start-ups also increased among larger companies. “This gives hope that our country can rely on innovative and courageous entrepreneurial personalities, despite the current imponderables as a result of the Russian war of aggression in Ukraine,” said Adrian.
Source: Stern
Jane Stock is a technology author, who has written for 24 Hours World. She writes about the latest in technology news and trends, and is always on the lookout for new and innovative ways to improve his audience’s experience.
