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There's a reason why most entrepreneurial endeavors start in the United States and not in Europe. Bureaucratic laws like this stifle innovation rather than pro

There's a reason why most entrepreneurial endeavors start in the United States and not in Europe. Bureaucratic laws like this stifle innovation rather than promote it. How about we make the EU politicians and lawmakers liable for the laws they pass? If a law they make happens to harm the economy in any way, they'll have to cover any such losses out-of-pocket.

axod 17y ago
This isn't a law. It's a bizarre, stupid suggestion. >> "There's a reason why most entrepreneurial endeavors start in the United States and not in Europe" I'd like to see your data for that one. I really don't think it's due to bureaucracy. Starting up in the UK at least is ridiculously simple, and cheap - £25 will get you a Ltd company.
- gdee 17y ago
  The second paragraph though makes a great point.
- dgallagher 17y ago
  Good question. Note by "entrepreneurial endeavors" I meant start-ups, and not mom/pop "home businesses." Companies which plan to scale to a reasonable size (20-1000+ employees), essentially. I've come to that perception from economic classes I took in college, and from general observation of start-ups. This is a good article which elaborates on entrepreneurial differences between the U.S. and Europe, citing economic, government, and social differences, among other things: http://www.economist.com/specialreports/displaystory.cfm?story_id=13216037 http://www.economist.com/specialreports/displaystory.cfm?sto... Noteworthy quote: "And far fewer start-ups in those countries become big businesses. Janez Potocnik, the EU commissioner for science and research, points out that only 5% of European companies created from scratch since 1980 have made it into the list of the 1,000 biggest EU companies by market capitalisation. The equivalent figure for America is 22%." It's not that doing a start-up in Europe means you're doomed. There's just less of them which make it big. Also, "Europe" encompasses a bunch of different nations with different attitudes and laws. The U.K. is much different than Finland, or Denmark, etc... So bunching them all together as I did isn't entirely fair. If you look at one of the charts in the article, Denmark/Sweden/Finland all in-line with the U.S. when it comes to venture capital. If you look at Europe as a whole at the bottom of the chart, averaging all nations together, you see a much different picture.

axod 17y ago

This isn't a law. It's a bizarre, stupid suggestion. >> "There's a reason why most entrepreneurial endeavors start in the United States and not in Europe" I'd like to see your data for that one. I really don't think it's due to bureaucracy. Starting up in the UK at least is ridiculously simple, and cheap - £25 will get you a Ltd company.

gdee 17y ago
The second paragraph though makes a great point.
dgallagher 17y ago
Good question. Note by "entrepreneurial endeavors" I meant start-ups, and not mom/pop "home businesses." Companies which plan to scale to a reasonable size (20-1000+ employees), essentially. I've come to that perception from economic classes I took in college, and from general observation of start-ups. This is a good article which elaborates on entrepreneurial differences between the U.S. and Europe, citing economic, government, and social differences, among other things: http://www.economist.com/specialreports/displaystory.cfm?story_id=13216037 http://www.economist.com/specialreports/displaystory.cfm?sto... Noteworthy quote: "And far fewer start-ups in those countries become big businesses. Janez Potocnik, the EU commissioner for science and research, points out that only 5% of European companies created from scratch since 1980 have made it into the list of the 1,000 biggest EU companies by market capitalisation. The equivalent figure for America is 22%." It's not that doing a start-up in Europe means you're doomed. There's just less of them which make it big. Also, "Europe" encompasses a bunch of different nations with different attitudes and laws. The U.K. is much different than Finland, or Denmark, etc... So bunching them all together as I did isn't entirely fair. If you look at one of the charts in the article, Denmark/Sweden/Finland all in-line with the U.S. when it comes to venture capital. If you look at Europe as a whole at the bottom of the chart, averaging all nations together, you see a much different picture.