With the German economy undergoing a comprehensive transformation process, the Digitalisation and Climate Action Research Unit examines how companies operate in a market environment that is evolving in line with these structural changes.
Firms are currently being impacted by two trends in particular: digital transformation and the government’s climate policy targets. Both necessitate adjustments to business processes which require capital investments. However, these trends also represent opportunities for companies to adapt their products and services, and even their business models, and to position themselves optimally for the future.
For this to happen, it is vital that the framework conditions are set such as to ensure a functioning competition, to facilitate the founding of successful start-ups, and to promote business development. Moreover, the work of our Research Unit is based on the conviction that Germany can only develop sustainably if climate protection is pursued efficiently, energy is generated in an affordable, reliable and environmentally friendly manner and enterprises enjoy access to the necessary resources. If this succeeds, companies in Germany will be able to take advantage of market opportunities and shape their future in an attractive business location.
In recent months, closed motorways, congested seaports and cancelled freight trains have combined with already high energy prices and material shortages to cause exasperation in Germany’s business community.
Innovation ecosystems are increasingly complex and diverse, but there are common markers of core strength. In this report, the Information Technology and Innovation Foundation, the German Economic Institute, the Institute for Competitiveness, and the Macdonald-Laurier Institute benchmark 96 states and provinces across Germany, Italy, the United States, and Canada.
In order to master the ecological transformation of the real economy, many qualified specialists will be needed in the coming years.
A Statement of the G7 countries under the presidency of Germany in June 2022 expressed the intention of establishing an international climate club that is open and cooperative, with aspirations ranging from coordinating ambitious and transparent climate mitigation policies.