Germany invests 20 times more, as a share of GDP, in industrially-relevant research and development than the U.S.

Germany has adopted an overall innovation stratergy in recent years which explains why Germany has weathered the Great Recession better than the United States. Germany decided to bring government and private companies together to proactively restructure its manufacturing base instead of waiting for market forces to magically arrest the decline. The German companies that are succeeding in the global innovation race are willing to credit the government for its role while too many U.S. companies are trying to go it alone.