The upside in times of downturn

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The current macroeconomic reality has had an end-to-end impact on Germany’s start-up ecosystem. Start-ups at every stage of maturity have been affected. The shape of the impact, however, varies. While the various macroeconomic forces described above have negatively affected some aspects of the German start-up ecosystem, they have revealed opportunities in other areas—for the start-up ecosystem and the German economy as a whole. Following is a detailed breakdown of the impact on key aspects and areas.

Autoren:

Sven Smit is chairman of the McKinsey Global Institute and  senior partner in McKinsey’s Amsterdam office. Karel Dörner and Max Flötotto are senior partners in McKinsey’s Munich office, where Tobias Henz is a partner. Eike Reus is an associate partner  in the Berlin office. 

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