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Large, medium and small enterprises coexist and coexist with the "German Model" to create an invisible champion of innovation and technology

2021-09-30T01:47:28.165Z


In recent years, there has been an upsurge of learning the "German Model" in mainland China, and the government, industry, and academia have joined the discussion. What is the "German model"? Scholars Li Daokui and Roland. Berg in the "Future of the Chinese Economy"


In recent years, there has been an upsurge of learning the "German Model" in mainland China, and the government, industry, and academia have joined the discussion.

What is the "German model"?

Scholars Li Daokui and Roland.

Berger pointed out in "The Road to the Future of the Chinese Economy: Chinese Lessons from the German Model": "Strong manufacturing capabilities, based on first-class products and service industry orientation, paying attention to the corporate governance of stakeholders, attaching importance to the development of small and medium-sized enterprises, and well-experienced A well-trained labor force, advanced infrastructure, and comprehensive structural reforms are the German model that has grown strongly during the financial crisis and contributed to the global economy.” In fact, small and medium-sized enterprises play an important role in the "German model." Role.

This model is also worth learning from Hong Kong.


The German Federal Minister of Economy and Energy Peter Altmaier (middle) held up the heart-shaped "Mittelstand" when inspecting small and medium-sized enterprises.

(Getty Images)

To understand the position of SMEs (Mittelstand in German) in the German economy, we can look at the following figures: More than half of Germany’s output value comes from SMEs.

Germany's population accounts for less than 1% of the world's population, but nearly half of the world's major SMEs are from Germany.

German SMEs are the promoters of innovation and technology. In 2014, more than 40% of them launched a product or market innovation in the market, and became a world-class leader in their focused market or the supply chain of large companies, and they were called "hidden champions." ".

On the other hand, Hong Kong SMEs, in recent years, nearly 70% to 80% of SMEs have lost money, with an average life span of only 3.7 years.

There are five characteristics of German SMEs in order to have strong competitiveness. Although Hong Kong cannot copy over the paper, in fact, there is still room to learn from the teacher. For Hong Kong SMEs, the first step can be to establish " Apprenticeship" begins...

For details, please read the 284th "Hong Kong 01" Electronic Weekly Newsletter (September 27, 2021) "

The Enlightenment of the Role of SMEs in the German Model to Hong Kong

".

If you want to read the full text, please

click here to

sample the weekly e-newsletter, and browse for more in-depth reports.

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the

284th "Hong Kong 01" Electronic Weekly News

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Source: hk1

All news articles on 2021-09-30

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