“Germany hasn’t lost its mojo when it comes to science, but when you want to turn great inventions into products, we fall behind,” said Rafael Laguna de la Vera, the Leipzig-based founding director of the Federal Agency for Disruptive Innovation, known by its German acronym SPRIND. Get it right, and Germany can lead Europe to renewed global relevance botch it, and business leaders warn the country could be reduced to a kind of industrial museum for Chinese and American tourists. and China, with technology as a key dividing line.That reality shows the scale of the challenge for the new government in Berlin as it sets about reinvigorating an ethos of innovation and entrepreneurialism while transitioning from a machinery making powerhouse into the industries of the future. It’s an economic and political liability at a time when the world is being carved into spheres of influence between the U.S. That isn’t just a knock for national self-confidence in a country synonymous with high-end engineering. and Tencent Holdings Ltd., but Germany hasn’t built a globally dominant tech company since business software firm SAP SE was founded half a century ago. has Apple and Inc., China has Alibaba Group Holding Ltd. Grundig, the postwar electronics pioneer, filed for insolvency in 2003.It’s a cautionary tale that speaks to how Germany, the inventor of the automobile, aspirin and the SIM card, has fallen behind global rivals in capitalizing on innovation and building world-leading technology giants. and would go on to become the gold standard for digital music, enabling Apple Inc.’s iPod and earning Brandenburg and his co-inventors at Fraunhofer Institute millions in royalties. The MP3 audio file was later licensed by Microsoft Corp.
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