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At the core of the problem is that the European market is not homogenous, so building a big company is way harder. * There's a significant overhead in expandin
by RivieraKid 13y ago
At the core of the problem is that the European market is not homogenous, so building a big company is way harder.
* There's a significant overhead in expanding across borders because of different laws, language, culture, etc. That could even mean having to hire lawyers and business developers for every country.
* The pool of potential employees is smaller. Perhaps there's someone that would be a perfect fit for your startup, but he lives in a neigbouring country, so he's less likely to apply / want the job.
* For the above reasons, the investments are way lower, because startups have lower probability of becoming big.
Do you think it's possible to fix or mitigate this problem? What can the EU do to make operating across borders as easy as possible?