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Study: Desire for self-employment is declining

2019-08-15T06:37:17.089Z

TIME ONLINE | News, backgrounds and debates


Frankfurt / Main (AP) - The entrepreneurial spirit of the people in Germany is dwindling - few now want to be their own boss.

Only a quarter of the working population had the desire for self-employment in 2018, according to a survey by the state development bank KfW. This is the lowest value since the first survey in 2000. At that time, almost every second (45 percent) wanted to be self-employed.

The good conditions on the labor market and an aging society are important reasons for the dwindling entrepreneurial spirit, it said in the study. For people under 30, however, the desire for self-employment is still relatively strong. More than every third person could have imagined independence in 2018. With increasing age, however, the interest in founding declines due to stronger family and professional dependencies.

A particularly drastic cut could be seen after the beginning of the international financial crisis, it said. In Germany, the readiness for self-employment between 2009 (41 percent) and 2012 (30 percent) decreased significantly. Apparently, the financial crisis had a negative impact on people's attitude to self-employment.

Source: zeit

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