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The New York Times has a story that delves into a conundrum faced by Europeans: Why are there few, if any, technology companies from Europe with the size and reach of American tech giants like Google, Amazon, and Apple?
The article hypothesizes that, even though employment regulations and other business and legal factors play a role, it's actually deeply-embedded cultural differences that are the primary cause, citing less aversion to risk-taking, less stigma from business failures such as bankruptcies, little or no stigma from leaving and rejoining a company which is seen as disloyal in European cultures, more acceptance of disruptive innovation, and a less rigid educational system that allows individuals to find their own form of success.
(Considering the many indications that US schools now train for tests, not knowledge, perhaps alternatives to school are more attractive.)
Original Submission
(Score: 2, Informative) by Kharnynb on Monday June 22 2015, @06:37AM
There is many Tech/software companies, there just isn't one big physical spot they are focused physically.
Apart from the old giants such as siemens or philips, there is SAP which is huge.
Then there is a lot of smaller companies that do well in their own niches.
Rovio
Spotify
Fsecure
AVG
supercell
raspberry pi
What we don't really have is big monopolist companies, that's sadly a result of the USA's massive consumer market with so little rules.
And of course there's always still Linux, even though it's of course mostly developed all over the place now.
Build a man a fire, and he'll be warm for a day. Set a man on fire, and he'll be warm for the rest of his life.