European start-up culture, entrepreneurship and Silcon Vall

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[WILLDEEDY]

Weak analysis of a flawed starting question. Of course I don't see the incredible dominance of the valley as unproblematic for other high tech industry economies but pseudo cultural explanations have to stop. It is massively about structural and (agreed) knowledge sharing in a locale with a 1/3 of the US venture industry. Its origins are in Defence industry spillover, and the Stanford story. The question is still based on a weak understanding of regional advantage.

[mednos]

He might have a point but his examples are not right in most cases.

[poopslogi]

I think it is also the socio-economic culture of Europe which makes it different from US silicon-valley model. The competition is less fierce in EU as compared to US. And also to some extent lack of venture capitalists who are willing to take in risks in investing. On the other hand there are some very elite research groups in European continent, which provides advantage of close collaboration and innovation, this should be exploited and I guess it is happening.

[solveigs77]

I'm from Germany, and here it is really hard to start off something from scratch. What I mainly found out as a big problem to a totally new idea/venture was the tight regulations and existing laws in many aspects. And as I see it, mainly put in place to protect existing big businesses from potential competition. Starting a business in Germany requires to having a lawyer on your side right from the beginning to protect you from the many pitfalls.