Who speaks of old corporations? Besides, in EU they are exactly like that - very old, multi-generational, usually comes from "original" world-changing invention

Who speaks of old corporations? Besides, in EU they are exactly like that - very old, multi-generational, usually comes from "original" world-changing inventions like ball bearing (SKF) or tram (Siemens), or well, SAP :D. And for innovation, all that's needed is a class of people who are on one hand, set for life and can take risks because they always know that have something to fall back on, and on the other hand, have examples of personal self-made success close to them. All it takes is a lot of people who grabbed their bags less than two generations ago and can inspire their kids to do the same, and/or fund their peers' kids. There are plenty of those in the USA and almost none in EU.