In most countries of Europe we have a lot of laws to "protect" employees and current companies, making it harder in the first place to even create companies and hire people. But that's also true for others places in the world
Yes generalizations are never true. Even talking about one country is a generalization and you will fail at making a statement about it. The best way to not make a mistake is to not say anything
Europe is a 750 million people continent
There is no good reason to separate Europe from Asia, it's all one big continent. Your theory is also flawed :(
> In most countries of Europe we have a lot of laws to "protect" employees and current companies, making it harder in the first place to even create companies and hire people
There's no such things as generally "harder to create companies" in Europe.
It's simply harder to create global multi billion conglomerates with an easy trigger for layoffs.
So generally, that's true, there are less multi billion global conglomerates with an easy trigger for layoffs than in the US.
But
USA has 2.2 companies registered per 1,000 people
Most European countries have more than that, Netherlands is at 7.1, UK at 7.4, Bulgaria 6.7, Denmark 5.2 etc.
> There is no good reason to separate Europe from Asia, it's all one big continent
Eurasia is a super continent, Europe is a landmass, which is either considered a continent in its own right or a subcontinent of Eurasia
Thanks for giving me the chance to explain this topic once again.
If anything, it's easier to create companies. Since the market is fragmented, if your business isn't reliant on network effect, it's generally easier to get by.
The massive plumbing companies in the US do not yet exist in my country. I feel this is changing, but fair competition is still enforced at the local level, so i might be wrong.
Nobody really care about little entrepreneurs it seems (especially not those politicians who claims they do), but i have the impression that the weakening of local courts is a prelude to a change towards a more anglo-saxon model. Like i said, i might be pessimistic and hopefully wrong.
Yes generalizations are never true. Even talking about one country is a generalization and you will fail at making a statement about it. The best way to not make a mistake is to not say anything
There is no good reason to separate Europe from Asia, it's all one big continent. Your theory is also flawed :(