Based on the comments it looks like Europeans weren’t ready to hear some of these things. 😉 Let me pile on…
Innovation in Europe is stiffled due to a risk-averse culture, complex regulatory environments, fragmented markets across different countries, limited access to venture capital, and a tendency for established companies to be less receptive to new ideas from startups, making it harder for innovative companies to scale up (compared to the US).
Start-ups in the US benefit from an immediate market of 400 million people. The EU should be able to enjoy a similar benefit but you are right about the red tape. Obviously Brexit in the UK was a total anathema to that as well.
Based on the comments it looks like Europeans weren’t ready to hear some of these things. 😉 Let me pile on…
Innovation in Europe is stiffled due to a risk-averse culture, complex regulatory environments, fragmented markets across different countries, limited access to venture capital, and a tendency for established companies to be less receptive to new ideas from startups, making it harder for innovative companies to scale up (compared to the US).
Start-ups in the US benefit from an immediate market of 400 million people. The EU should be able to enjoy a similar benefit but you are right about the red tape. Obviously Brexit in the UK was a total anathema to that as well.
Ain’t no way you gonna put all of Europe into that statement. You do understand that each country have their own system, policies and regulatory laws?
The problem here is that what you’re saying is maybe true for a handful of countries while completely false and inaccurate for a handful of others.
We’re not one single entity. Your statement is just not accurate as a whole.