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73 points

Based on the comments it looks like Europeans weren’t ready to hear some of these things. 😉 Let me pile on…

Innovation in Europe is stiffled due to a risk-averse culture, complex regulatory environments, fragmented markets across different countries, limited access to venture capital, and a tendency for established companies to be less receptive to new ideas from startups, making it harder for innovative companies to scale up (compared to the US).

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0 points

Ain’t no way you gonna put all of Europe into that statement. You do understand that each country have their own system, policies and regulatory laws?

The problem here is that what you’re saying is maybe true for a handful of countries while completely false and inaccurate for a handful of others.

We’re not one single entity. Your statement is just not accurate as a whole.

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6 points

From what J can see innovation is happening just fine

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-3 points

Tell me one big innovation of the last 30 years where Europe is leading

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9 points

na-euv

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-6 points

Yea my healthcare one quickly got down voted. Someone used GPT to try to disprove it. I’m even a big propilonent of public healthcare, but you can’t assume it is perfect.

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43 points

regulatory environments

Regulations are written in the blood of the victims.

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-4 points
*

Some are, sure. I think most on Lemmy support those kinds. While I enjoy the effects, USB-C mandates aren’t written in blood, and I suspect the majority of regulations are of that variety.

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16 points

The USB-C mandate is a direct result of it being actively ignored by Apple. The way to universal chargers, first through micro USB and then USB C was also championed by the EU but only as a loose industry agreement or so. Definitely not enough to reign in Apple which is why it was now made mandatory.

The main motivation was to reduce electronic waste due to every device having a different charger and often not even standardising in the same company.

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6 points

And other regulations are written by the lobbyists of big companies.

Here in Germany we have so many regulations that don’t help anyone, except big companies who can circumvent or deal with them.

I don’t want to reduce environmental or worker protection, but we need to simplify a lot of regulations so that the time to do the paperwork is reduced, one of the solutions should be good digitalisation.

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9 points

Start-ups in the US benefit from an immediate market of 400 million people. The EU should be able to enjoy a similar benefit but you are right about the red tape. Obviously Brexit in the UK was a total anathema to that as well.

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44 points

at least the fragmented markets, limited venture capital and closed-mindedness of established compagnies are relatively well known and recognised, wouldn’t say Europeans aren’t ready to hear it

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9 points

I was actually thinking the first two were the more detrimental, and are the reason behind lack of VC and closed minded companies. The fragmented markets is irritating, but overcomeable.

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2 points

yeah I think I’d agree with that, hut I’m risk-averse myself so can’t go pointing blame at others

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6 points

Rather have stifled innovation than innovation running rampant like what the US is doing.

With stifled innovation you only get through if you have an actual good idea instead of just an idea that makes money.

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2 points
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