Creating Regional Wealth in the Innovation Economy: Models, Perspectives, and Best Practices

Chapter 10. Munich — The Hidden Champion: Creating an Entrepreneurial Culture with State Government in Partnership with Business

Tradition and Diversity Are the Key — Germany's Undenied Technology Capital

The city of Munich is the capital of the Free State of Bavaria, which is one of the 16 Länder (states) that make up the Federal Republic of Germany, the largest economy within the European Union. Germany has approximately 82 million inhabitants; after Berlin and Hamburg, Munich is Germany's third largest city, with a population of approximately 1.2 million. Since the 1950s, Bavaria and especially the Munich region have emerged as the most important high-tech region in Germany, competing with greater London on a European level, and with Silicon ...