Germany’s innovation strategy: from export orientation and engineering excellence to technological leadership

The article examines the experience of Germany in the field of creating and developing an innovation strategy. The issues of the historical path of technological development are touched. The issues of the current situation are studied, the trends in the development of the innovation strategy of Germany are reflected. Particular attention is paid to economic indicators that characterize the innovations development. The country’s place in international and European rankings is indicated. The strengths and weaknesses of approaches to innovation are noted. The main regulatory documents describing the key areas of influence and mechanisms for stimulating the innovative economy are indicated. The departments and societies responsible for the policy in the field of innovative development are identified. The paper notes the key targets for assessing the effectiveness of the measures taken in the country. The successful experience of Germany in the field of interaction between industrial enterprises and higher educational institutions is studied, examples of successful acceleration of the most important sectors of the economy are given. Conclusions about the state of the country’s innovation strategy are formulated.

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Publication Details

Journal
ACCOUNTING AND CONTROL
Published
2025-01-01
DOI
https://doi.org/10.36871/u.i.k.2025.10.01.011
Primary Topic
Economic Development and Digital Transformation
Type
article
Field-Weighted Citation Impact
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article

Germany’s innovation strategy: from export orientation and engineering excellence to technological leadership

Elena Sergeevna Balashova, Natalia G. Rakova
ACCOUNTING AND CONTROL
Economic Development and Digital Transformation
article

Germany’s innovation strategy: from export orientation and engineering excellence to technological leadership

Elena Sergeevna Balashova, Natalia G. Rakova
article en

Abstract

The article examines the experience of Germany in the field of creating and developing an innovation strategy. The issues of the historical path of technological development are touched. The issues of the current situation are studied, the trends in the development of the innovation strategy of Germany are reflected. Particular attention is paid to economic indicators that characterize the innovations development. The country’s place in international and European rankings is indicated. The strengths and weaknesses of approaches to innovation are noted. The main regulatory documents describing the key areas of influence and mechanisms for stimulating the innovative economy are indicated. The departments and societies responsible for the policy in the field of innovative development are identified. The paper notes the key targets for assessing the effectiveness of the measures taken in the country. The successful experience of Germany in the field of interaction between industrial enterprises and higher educational institutions is studied, examples of successful acceleration of the most important sectors of the economy are given. Conclusions about the state of the country’s innovation strategy are formulated.

ACCOUNTING AND CONTROLVol. 10
Openalex Percentile: Top 71%
Economic Development and Digital Transformation
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Germany’s innovation strategy: from export orientation and engineering excellence to technological leadership — Elena Sergeevna Balashova, Natalia G. Rakova · ACCOUNTING AND CONTROL (2025) | TGRS Research Map | TGRS