Humboldt library © K.H.Reichert/flickr (CC BY 2.0)

Prosperity through knowledge: Germany needs fresh impetus

Labour and capital, once Germany’s primary drivers of growth, no longer ensure the country’s economic might. In the fifteen years ahead it will take technology and knowledge to create prosperity, as technological innovation becomes the sole engine of growth. New business models will be created but risks will also emerge that threaten social solidarity. Germany urgently needs to lay the groundwork for this change or else fall behind the other major economic powers in terms of growth.

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Growth through technological innovation

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