I'd like to see more innovation in general and if this leads to that its good. But I don't personally think that innovation needs to happen in Germany, so long as it happens somewhere and Germans can do what they do best with it.
I'd like to see more innovation in general and if this leads to that its good. But I don't personally think that innovation needs to happen in Germany, so long as it happens somewhere and Germans can do what they do best with it.
> Uncertainty Avoidance Cultures
How do you explain all of the groundbreaking technologies and processes that have come from Japan and Korea? Both are at the extreme end of uncertainty avoidance.Extremely thick irony here
It's a sad frustration, as there is so much potential here.
I say that as a German doing a startup in Germany. There's upsides as well but it's true.
> the robust legislation and bureaucracy (in a controlling sense) around all financial products
Germany has the world's largest, most liberal, and most liquid listed (<-- read that term twice before you rebut with an unlisted market!) equity structured products market. These products are essentially leveraged equity/FX options packaged as a bond. I'm confused. Can you be more specific about which particular "financial products" you think are excessively regulated in Germany?Hmm... So if people struggle in life and have live from hand to mouth in multiple jobs to support their family and loved ones, they are more innovative?
Also, plenty of people in Germany live hand to mouth now. Poverty has been on the increase due to CoL.
From what examples I can think of right now, innovation actually appears to require a certain level of coziness. I'd say great ideas come from curiosity, and if you're struggling to eat, that's usually limited. The trick is, perhaps, to be cozy, but not so cozy that lifting a finger seems pointless.