In 2023, almost 24 percent of startup founders cited their reason for founding a new company as not having an alternative form of employment. In contrast, in 2021, only 14.9 percent of respondents cited a lack of employment as the reason they started their company.
According to the source, the respondents surveyed were considered founders if in the previous 12 months they were freelancing or self-employed, either full-time or part-time. This can be understood as founding a new business, as well as taking over or joining an already existing enterprise. The source notes it is irrelevant whether at the time of the survey respondents were self-employed or not.
Reasons for starting a company in Germany from 2017 to 2023
Characteristic
Taking a business opportunity
Lack of employment alternative
Other main reason/ both
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Comment from the source: the information depends on the self-classification of the respondents.
Missing percentage points to 100 percent are probably due to rounding.
The statistic refers to the survey that was conducted by the KfW as part of their startup monitor. Values for previous years were taken from earlier editions of the start-up monitor.
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KfW. (June 17, 2024). Reasons for starting a company in Germany from 2017 to 2023 [Graph]. In Statista. Retrieved July 23, 2024, from https://www.statista.com/statistics/1332024/starting-a-company-reasons-germany/
KfW. "Reasons for starting a company in Germany from 2017 to 2023." Chart. June 17, 2024. Statista. Accessed July 23, 2024. https://www.statista.com/statistics/1332024/starting-a-company-reasons-germany/
KfW. (2024). Reasons for starting a company in Germany from 2017 to 2023. Statista. Statista Inc.. Accessed: July 23, 2024. https://www.statista.com/statistics/1332024/starting-a-company-reasons-germany/
KfW. "Reasons for Starting a Company in Germany from 2017 to 2023." Statista, Statista Inc., 17 Jun 2024, https://www.statista.com/statistics/1332024/starting-a-company-reasons-germany/
KfW, Reasons for starting a company in Germany from 2017 to 2023 Statista, https://www.statista.com/statistics/1332024/starting-a-company-reasons-germany/ (last visited July 23, 2024)
Reasons for starting a company in Germany from 2017 to 2023 [Graph], KfW, June 17, 2024. [Online]. Available: https://www.statista.com/statistics/1332024/starting-a-company-reasons-germany/
