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The biggest obstacle to European success in the digital economy is a lack of entrepreneurial culture, according to a panel of European investors and entrepreneurs.

Speaking at an event in Berlin yesterday, the panel decried Europe’s lack of hunger, its antisuccess culture and called for changes in education to encourage young people to look at entrepreneurialism rather than head for a big corporation and a steady job.

While Germany has traditionally been Europe’s economic powerhouse, even Germany was not aligned with successful business practices in the new economy. Indeed Germany’s greatest strengths — its methodical and deliberate approach to business — may yet be one of its biggest weaknesses, said panel member Eran Davidson, president and CEO of HassoPlattner Partners.

 

To read the full, original article click on this link: Lack of Entrepreneurial Culture Seen as Europe’s Biggest Obstacle - Tech Europe - WSJ

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