Some perceive the German Mittelstand as a low growth, low-tech and non-innovative approach while in contrast the Silicon Valley entrepreneurship is regarded as the salvation for a doomed German economy. Is German type family business at the end? In their GLO Research for Policy Note No. 2, GLO Fellow Friederike Welter & André Pahnke argue that research and policy debates should avoid dichotomies such as “Mittelstand versus Silicon Valley entrepreneurship” and instead acknowledge the vibrant diversity and heterogeneity of entrepreneurship.
Friederike Welter & André Pahnke (2019): The German Mittelstand: an antithesis to Silicon Valley entrepreneurship?, GLO Research for Policy Note No. 2.
Pahnke, A.; Welter, F. (2019): The German Mittelstand: antithesis to Silicon Valley entrepreneurship?, Small Business Economics, 52 (2), 345-358.