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Pre-University Paper from the year 2019 in the subject Business economics - Company formation, Business Plans, grade: 15, , language: English, abstract: This paper sets out to examine the differences between the founding culture and external conditions for startup companies focusing on digital products in Germany and the United States. The aim is, simply put, to find the recipe for success in the startup world. Therefore, in a first step, special emphasis is put on the external conditions influencing startups, in particular legal questions and education in the field of entrepreneurial action and thinking. Secondly, internal conditions, as the influcence and role of co-founders and the importance of work culture are examined. In a third and final step, light is shed on supporting forces for startups, in particular financial funding and networking conditions. The paper finishes by drawing a conclusion from the findings earlier on, stating that there remains much to be learned for German companies from the United Stets.
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