Chapter 7 A Reform Strategy for Germany Mark Sanders, Mikael Stenkula, Michael Fritsch, Andrea M. Herrmann, Gresa Latifi, Balázs Páger, László Szerb, Elisa Terragno Bogliaccini and Michael Wyrwich Abstract In this chapter, we outline a reform strategy to promote a more entrepreneurial society in Germany. Germany has developed a successful model of capitalism in which high productivity growth is driven by on-the-job learning and firm-specific skill accumulation. The economy is rooted in a strong and regionally All authors acknowledge financial support from the European Union’s Horizon 2020 research and innovation program under grant agreement No 649378. László Szerb and Balázs Páger also acknowledge support from the National Scientific Research Fund of Hungary (OTKA/NKFI grant no. 120289 titled as Entrepreneurship and Competitiveness investigations in Hungary based on the Global Entrepreneurship Monitor surveys 2017–2019). Mikael Stenkula also gratefully acknowl- edges financial support from Jan Wallanders och Tom Hedelius stiftelse and from the Marianne and Marcus Wallenberg Foundation. M. Sanders (B) · E. Terragno Bogliaccini Utrecht School of Economics, Utrecht University, Utrecht, The Netherlands e-mail:
[email protected] E. Terragno Bogliaccini e-mail:
[email protected] M. Stenkula Research Institute of Industrial Economics, Stockholm, Sweden e-mail:
[email protected] M. Fritsch Friedrich Schiller University of Jena, Jena, Germany e-mail:
[email protected] A. M. Herrmann Copernicus Institute of Sustainable Development, Utrecht University, Utrecht, The Netherlands e-mail:
[email protected] G. Latifi TUM School of Management, Technical University of Munich, Munich, Germany e-mail: gresa.latifi@tum.de B.