55. Analysis of Start-Up Ecosystems in Germany and in the USA

The start-up ecosystems in Germany and in the USA are different in several dimensions and they have a huge impact on the success of start-ups. In this study the factors that affect the start-up ecosystems are compared. What start-ups consider as critical to their success and how this varies based on the location of the start-ups are analyzed. Using the developed scoring mechanism, the study compares the relative scores of various success factors between the German and American start-ups to identify areas for improvement. The findings suggest that Germany is successful in implementing co-working spaces and incubators but it lacks on accelerator programs. Further, it needs to develop a better support system for their start-ups while the German start-ups themselves need to focus on building a stronger internal team in order to boost the start-up ecosystem.