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That's a double edge sword. I live in Canada and I've been in a position where rules which I suspect were meant to slow down american companies moving in too fa
by BenoitEssiambre 11y ago
That's a double edge sword. I live in Canada and I've been in a position where rules which I suspect were meant to slow down american companies moving in too fast into Canada actually prevented me from having access to markets to sell into.
For example, during the mobile apps gold rush. I had a finished Android app ready to go for almost a year waiting for the "Android Market" (Now the "Play Store") to allow Canadian sellers. I could not sell even in my own country (at least not with any visibility) while my American competitors could accumulate a huge head start. I had to wait for Google to jump through the Canadian regulatory hoops to allow Canadian sellers into their store. It was frustrating as hell.
The other problem is that new technologies often evolve from an ecosystem of other new technologies. If we only have late access to Netflix or Uber or self driving cars, it becomes difficult to be competitive in the technologies surrounding these technological shifts. If you're last to experience newer technologies on a daily basis, you're also last in a position to evaluate and predict where they are going which gives you a significant business disadvantage.
In order to build on top of the leading edge you have to have good access to the leading edge wherever it may originate from.