I thought i had found an answer after seeing the following article that UK is indeed innovating but is loosing out by selling the innovation very early..otheriwise we can see the next google in UK
http://business.timesonline.co.uk/tol/business/in...
The same thing applies to other countries such as Finland where we have not seen another success coming since Nokia got its marketshare in the mobility space (with issues as of now). I think it is also about risk taking and culture in Western Euro...
It could be population, but even more extreme than you're giving it credit for.
Remember that a lot of the population is required just to sustain the rest of the population, whereas new tech startups are often in new territory that doesn't includ...
While working in Silicon Valley for several years, it became very apparent there is a complete "ecosystem" driving the entrepreneurship. Great universities (Stanford, Berkeley, UCSF, etc.), a ton of money (VC) and a very interconnected workforce (...
Could it be as simple as population? There are just more people in the U.S. UK = 60M; US=300M. Five times as people = five times as many ideas. The same is true for Canada. Canada = 30M; US=300M = ten times as many ideas.
But wait, that fails. Wh...
I think Peter's point is a very important factor.
I perceive there's a significant difference between the way that typical UK and US natives regard risk and, for that matter, conformity. I think it's profoundly cultural. Many UK businesspeople wi...
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