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Where is Europe's Silicon Valley?

posted by martyb on Sunday June 21 2015, @10:42AM   Printer-friendly
from the on-the-other-side-of-the-mountain dept.

kaszz writes:

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.)

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  • (Score: 4, Insightful) by Anonymous Coward on Sunday June 21 2015, @11:36AM

    by Anonymous Coward on Sunday June 21 2015, @11:36AM (#199034)

    Because here it's not allowed to exploit workers with 80+hr workweeks.

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  • (Score: 4, Insightful) by c0lo on Sunday June 21 2015, @03:33PM

    by c0lo (156) Subscriber Badge on Sunday June 21 2015, @03:33PM (#199096) Journal
    Oh, I see... Still... how else do you crash your stock exchanges when a dotCom bubble comes to bust? I mean, look, without Twitter, with a stock valued at zillions but which doesn't show sign of profitability any time soon, how do you start an investor panic?
    (grin)
    --
    https://www.youtube.com/@ProfSteveKeen https://soylentnews.org/~MichaelDavidCrawford

    • (Score: 4, Insightful) by davester666 on Sunday June 21 2015, @06:12PM

      by davester666 (155) on Sunday June 21 2015, @06:12PM (#199145)

      Your banks do a good job, by loaning/investing money to those dotcoms in the US...

      • (Score: 3, Insightful) by Phoenix666 on Monday June 22 2015, @10:20PM

        by Phoenix666 (552) on Monday June 22 2015, @10:20PM (#199619) Journal

        The funny thing is that the true cycle is VCs hoping to unload their Series A investments on another round of rich suckers at some multiple greater than or equal to 5. So it's really a bunch of rich guys scamming each other. That developers and the company founders get worked to death and discarded is incidental to the process.

        --
        Washington DC delenda est.