Abstract

Germany needs to return to higher growth and rising employment in the future through greater value creation. The German government’s High-Tech Strategy is the signal for a new innovation policy in Germany. The central plank of this strategy is a partnership between academia and industry. Individual strategies are to be developed for 17 cutting-edge fields of the future. Research funding and framework conditions such as regulation, standardisation and the protection of intellectual property are to be tied into a unified strategic innovation policy. Competitive advantages and, along with them, opportunities for growth depend on new ideas, products and system solutions. The result will be to create jobs and secure living standards both in today’s society and for future generations.

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