From my own experience: There is no job market for economists* in German tech companies. One of the reason why the German big players missed the move from business processes to business models.
*Economics = VWL
H/t @abhishekn
papers.ssrn.com/sol3/papers.cf…
*Economics = VWL
H/t @abhishekn
papers.ssrn.com/sol3/papers.cf…
"Business process" is about optimizing the enterprise as a production function. "Business model" is about optimizing the enterprise as a market participant. Germany as a tech economy is really good at the former, and has created a specialized labor market around it.
Business process is the realm of industrial engineering. Business modeling is the realm of industrial organization, a field that is still almost completely unknown in Germany, more than twenty years into the internet era.
With a labor market in industrial engineering and adjacent degrees (innovation management, industrial computer science...) that dwarfs the market for (IO) economists, it's no surprise that Germany is a world leader in enterprise and business process software...
...but is almost completely rudderless, and arguably 20 years behind, when it comes to integrating business models into their value chain. The required expertise simply isn't there, and unlike the U.S. (pre-Trump), Germany isn't set up to absorb missing competencies from abroad.
Here's a pretty accurate indictment of the labor market for economists in Germany. "Since few job postings are addressed expressly to economists, look for job postings for business majors, social scientist or consultants."
staufenbiel.de/magazin/jobsuc…
staufenbiel.de/magazin/jobsuc…
