The features of development of Germany’s innovation economy – the technological leader of the European Union

Abstract

The article presents current analysis that makes it possible to form an understanding of the present state of the German economy, which is based on the consistent development of the innovation sector. The importance of the innovation sector as a driver of Germany’s economic development is noted, its specifics are examined, and promising tools for the innovative development of Germany as a leader of the high-tech sector of the European Union are analyzed.