As far as people with higher degrees are concerned, migration is a net-sum gain for Germany and a safeguard against “brain drain.”.
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Germany’s universities get high marks for innovation.
The automotive metropolis of Stuttgart is spearheading a shift from gasoline and diesel toward electricity and hydrogen. Companies from the field of e-mobility can capitalize on the restructuring that is taking place in Baden-Württemberg, for example as suppliers to car makers.
The health care division of world-renowned German company Bosch announced on March 26 that it has developed a test kit for COVID-19 and nine other viral respiratory illnesses.
The country’s many centers of research excellence will now be centrally linked to speed efforts to combat the pandemic.
A special fund committed to increasing the number of women within Berlin’s start-up scene. That’s the idea of 43-year-old Israeli investor Mali Baum from Tel Aviv.
Munich fintech start-up IDnow has raised 40 million USD from New York investor Corsair capital. The company says it plans to use the windfall to open further offices in France and Britain.
Bremen has become a hotspot for 3-D printing, and one of its brightest lights is Materialise NV from Belgium.
German government ministries and a state bank have commenced a “Special Plan 2020” to save companies from bankruptcy because of the virus.