Growth Strategies

What Makes Asia a Hotbed for Startups and Investments?

Most of the world's innovation will come out of this region by 2050, believes Jeff Katz of HARDWARE.co
Features Editor, Entrepreneur APAC
1 min read
Opinions expressed by Entrepreneur contributors are their own.

 

Over the years, Asia has become a key attraction for private equity, venture capitalists and companies looking for growth and innovation. The growing middle class, high penetration of smartphones, a relatively young population and good disposable income are some of the major factors for the growing worldwide interest.

Berlin-based Jeff Katz, a serial entrepreneur who has built teams at startups such as KIWI.KI, which offers safe, keyless entry system for buildings, and big corporates like Telefónica, says people are flocking to Asia for “market access and market potential”. “Most of the world’s innovation will come out of this region by 2050,” says Katz, who founded HARDWARE.co accelerator in 2013 for entrepreneurs, industry professionals and makers focused on hardware products.

During his recent visit to India as part of Startup AsiaBerlin, an initiative of the German government and led by Berlin-based non-governmental organization enpact e.V. that builds networks with startup founders from geographically diverse ecosystems, Katz spoke to us about what makes Asia so special for Germany.

 

More from Entrepreneur

Grow Your Business at Entrepreneur LIVE! Join us on Nov. 16 in Brooklyn, NY, to learn from legends like Danica Patrick and Maria Sharapova, pitch our editors, meet with investors, and potentially walk away with funding!
Register here

One-on-one online sessions with our experts can help you start a business, grow your business, build your brand, fundraise and more.
Book Your Session

In as little as seven months, the Entrepreneur Authors program will turn your ideas and expertise into a professionally presented book.
Apply Now

Latest on Entrepreneur

My Queue

There are no Videos in your queue.

Click on the Add to next to any video to save to your queue.

There are no Articles in your queue.

Click on the Add to next to any article to save to your queue.

There are no Podcasts in your queue.

Click on the Add to next to any podcast episode to save to your queue.

You're not following any authors.

Click the Follow button on any author page to keep up with the latest content from your favorite authors.