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Closing The Innovation Funding Gap

While we figure out how to increase German capital investment into venture, which policy changes would help to improve access of German startups to American venture capital regarding early-growth capital access, especially in ‘Made-in-Germany’ deep tech topics? Between 2015 and 2018 US investment into German venture capital-backed companies totaled USD 3.7 billion. During the same time frame German investment into German venture capital-backed companies was USD 3 billion. Given that the US venture capital market is much more developed than its German little sibling, this may come to no surprise. However, VC firms traditionally invest a large share of their capital into their respective home markets. But looking at capital flow in the other direction, from German venture investors into US-based VC-backed startups, an astonishing...

How to Make Liberal Democracy Great Again

Over the last 200 years, Liberalism has been a stunning success story. It brought forward liberty and prosperity for the many instead of privileges for the few. Yet, today liberal thinking and liberal politics are under siege. To regain public support, they need a profound update, offering convincing answers to the major challenges our societies are facing: globalization and digital revolution, climate change and global migration, growing inequality and fear of the future. Liberal democracy is in trouble. If we compare the current political landscape with the liberal awakening of 1989 and the early 90th, when the Soviet Empire collapsed and millions of people all around the globe reclaimed their right to liberty, the situation couldn’t be more different. This was the time when Francis...

Tech training for digital jobs at CAT and PSCC

by Rick Locker October 15, 2019 N/E Knox County, On the Grow A 20-person delegation of Germans and Americans working in education and economic and workforce development visited Pellissippi State Community College and the Tennessee College of Applied Technology Knoxville as part of the American Council on Germany’s initiative, “Transatlantic Cities of Tomorrow: Digitalization and the Future of Work.” The project is a three-year exchange program in which leaders in small- and medium-sized cities in Germany and the U.S. work to develop solutions to common challenges resulting from digitalization and to identify innovative approaches to turning these challenges into opportunities for their local workforces and economies. The delegation included educators, workforce development specialists, information technology experts and representatives from economic development organizations, business incubators and local governments from...

Reflections on 1989 by Ed McFadden

The fall of the Berlin Wall didn’t start in Berlin in November 1989. It started months earlier … in places like Turkey, Poland, and Hungary. In 1989, The Wall Street Journal/Europe’s editorial page, where I worked, was uniquely positioned to cover the events that unfolded in that period. Our editor, Seth Lipsky, had been based in Europe for years, on both the editorial and news sides of The Journal. His wife, Amity Shlaes, a features writer and editor for the page, was in the midst of writing a book on West Germany, and our colleague Peter Keresztes had walked his family out of Budapest in 1956, over the mountains into Austria to escape that communist regime. I was the junior staffer of the office, about...

German and European Politics in Times of Disruption

Dr. Cornelius Adebahr, Political Analyst and Nonresident Fellow at Carnegie Europe, shared his talking points for his opening remarks during his recent tour of Warburg Chapters across the United States. These days in Brussels, there is a minor disruption going on amid the wider, global unrest. Following the European election in May and the constitution of the new European Parliament in July, the President-elect of the European Commission has presented her team. While this does of course become an exercise in navel-gazing with questions of who-gets-what flurrying around the EU’s quarter, it is also a statement of where the Union stands. “The Woman, the Union, and Peace” is a triad that – turning classical realist assumptions about international relations on their head – can help...
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