I believe there is a lack of startups in New Zealand (the example I'm familiar with) because it simply doesn't make any financial sense to begin a startup[1]. The rewards are not enough to cover the risks.
The USA has a culture of startups because there you often get financially rewarded for winning. Startups are mostly a loser's game in New Zealand (Disclosure: I'm a very minor winner at the startup game over here - I have at least some skin in the game and some practical learning).
Improving regulations would help - however governments seem to lack the skills/incentives/motivation to choose good compromises.
> receive money from people like Marc Andreessen.
Money doesn't actually have morals: the point of money is it allows all of us to choose between morally conflicting choices based on prices and our bank balance. Money is a fungible representation of limited resources. I've never met Marc, but his writing seems fairly disagreeable to me.
Part of the reason Europe is economically losing is that Europe doesn't play economics to win.
Systems have their own emergent properties and Europe seems hell bent on regulating their systems so that European countries gift control to the USA for critical things.
The USA has a culture of startups because there you often get financially rewarded for winning. Startups are mostly a loser's game in New Zealand (Disclosure: I'm a very minor winner at the startup game over here - I have at least some skin in the game and some practical learning).
Improving regulations would help - however governments seem to lack the skills/incentives/motivation to choose good compromises.
> receive money from people like Marc Andreessen.
Money doesn't actually have morals: the point of money is it allows all of us to choose between morally conflicting choices based on prices and our bank balance. Money is a fungible representation of limited resources. I've never met Marc, but his writing seems fairly disagreeable to me.
Part of the reason Europe is economically losing is that Europe doesn't play economics to win.
Systems have their own emergent properties and Europe seems hell bent on regulating their systems so that European countries gift control to the USA for critical things.
[1] https://news.ycombinator.com/item?id=43099056