Europe is now a corporate also-ran. Can it recover its footing?

Post by [deleted] » Sat, Jun 12, 2021, 2:45 AM UTC

xwolfi wrote: post #27

okareaman wrote: post #9

The opening paragraph: In 1984 a besuited 20-something American executive on a visit to France offered Europeans a few tips for corporate success. Entrepreneurs needed to be given a second chance if they failed and government bureaucrats made for lousy investors, he told a television interviewer. His advice was sage. But European companies ruled the global corporate roost alongside those of America and, occasionally,…

As someone who grew up in Normandy, it does little to me obviously. Except the part on what we lack and should do which is still so damn hard to convince people is the solution. People in France care so much more on raising their kids, having good friends, living somewhere fun or interesting, having time away from work than they forget us the little busy bees who have to pay for all that. I gave up after 3 years of w…

Post by duped » Sat, Jun 12, 2021, 2:48 AM UTC

passerby1 wrote: post #51

chrisseaton wrote: post #8

Why are European companies so unambitious ? My whole civilian career I've had to work for North American companies because the European alternatives aren't even attempting to be competitive.

I'm not an economist, but in my opinion a progressive taxation (for employees wages) can be a main limiting factor to this. Ambitions needs motivated employees. They need better wages to work harder. But it's really a steep curve after mid-wage, because taxes are _very_ progressive. So ambitions are just not worth trying.

Post by disabled » Sat, Jun 12, 2021, 2:50 AM UTC

chrisseaton wrote: post #26

erhk wrote: post #25

Earlier quoted context omitted.

Why should research be private? OpenAI comes to mind. Also open source as a whole is in counter to this.

> Why should research be private? Nobody said it should be so who are you asking this question to? Does Europe have a better way to do research that isn't private? Research output suggests that they do not.

Post by lashloch » Sat, Jun 12, 2021, 2:57 AM UTC

xwolfi wrote: post #27

okareaman wrote: post #9

The opening paragraph: In 1984 a besuited 20-something American executive on a visit to France offered Europeans a few tips for corporate success. Entrepreneurs needed to be given a second chance if they failed and government bureaucrats made for lousy investors, he told a television interviewer. His advice was sage. But European companies ruled the global corporate roost alongside those of America and, occasionally,…

As someone who grew up in Normandy, it does little to me obviously. Except the part on what we lack and should do which is still so damn hard to convince people is the solution. People in France care so much more on raising their kids, having good friends, living somewhere fun or interesting, having time away from work than they forget us the little busy bees who have to pay for all that. I gave up after 3 years of w…

Post by analog31 » Sat, Jun 12, 2021, 2:59 AM UTC

ransom1538 wrote: post #72

analog31 wrote: post #64

Earlier quoted context omitted.

Oddly enough I've struggled to find any data showing that the US is actually better for entrepreneurs. It's all anecdotal. I have a small business but it will stay small because I need my day job for health care. Granted, this is but one article: https://www.theatlantic.com/business/archive/2012/10/think-w...

"Oddly enough I've struggled to find any data showing that the US is actually better for entrepreneurs" That literally was what the article was about. Tons of figures/facts in the article.