This book takes an in-depth look at the software industry as a major factor in future global
economic performance. It explores how software-based companies are a significant factor behind
economic growth and serve as important bridge builders between industries. Countries with a
weak and underdeveloped software industry risk being left behind in the 21st century.The book
examines the case of Germany as one of the world's major industrial nations which is facing
loss of competitiveness due to its underdeveloped software sector. It shows how the German
software market is characterized by a multiplicity of small and medium sized companies and
exhibits a shortage of globally dominating companies. This is presented and examined in the
light of Germany being a powerhouse for technologies in sectors other than the software
industry.The book analyzes the current situation and future potential of the German software
industry. Using empirical analysis and internationalcase studies it presents the status quo
and offers recommendations for policy makers. It shows effective management strategies for the
sustainable international growth of software-based companies. The recommendations in this book
are intended to secure Germany's front seat on the express train bound for the second half of
the 21st century.