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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: 1, Insightful) by Anonymous Coward on Sunday June 21 2015, @05:02PM
Those are a bit different things you are comparing. Just because facebook can serve europeans, it's because it's a digital service. A place like silicon valley is a physical place, and people in europe need to go to work. Maybe at some point there's no need to go to work and everyone can work from home, but that is not reality yet. The question is, why in all this time has there not been a place like that in europe (and i don't know if it's needed)?
(Score: 0) by Anonymous Coward on Monday June 22 2015, @03:57PM
But there's no need that a large fraction of the people working in a certain field work all in the same area.