Short summary
Only 5% have a plan to start a company in DE. (1) Lack of an entrepreneurial mindset; (2) struggle funding process.
Long summary
In Germany, for instance, too few people decide to start companies. Only 5 percent of the population have plans to start a company. Experts give two reasons for this. The first is a lack of an entrepreneurial mindset. Second is the obstacles in the funding process, such as the fear of financial insecurity or the absence of entrepreneurial knowledge.
Citation
Berger-de Leon, Markus, Karel Dörner, Max Flötotto, and Tobias Henz. Entrepreneurship Zeitgeist 2030. New York: McKinsey & Company, 2021
Source
McKinsey
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