07/2024 – Industrial Dynamics
ZEW Monthly // 2024The interplay between business start-ups and closures is a key driver of economic transformation. In the face of geopolitical uncertainties and challenges like digitalisation and sustainability goals, examining these dynamics is becoming increasingly important. Currently, many companies report difficult conditions for doing business in Germany.
The July edition of our ZEW Monthly on “Industrial Dynamics” addresses topics such as technology, competitiveness, and business closures. Blockchain technology is currently used only in selected clusters in Germany, Austria, and Switzerland. Some sectors are seeing a significant rise in closures. In 2023 alone, around 176,000 companies were closed in Germany. On a positive note, the R&D tax credit has become a success story in the machinery industry.