From ZDNet.
Excerpt:
"On paper, the idea of synergies between startups and more established companies is a no-brainer. Italy has a strong tradition of manufacturing, especially in small and mid-sized enterprises which are now struggling to keep up with the pace of innovation.
Wouldn't it make sense for them to partner with startups that would function almost as external R&D departments? Unfortunately, things are not so simple."
Italy's stagnant growth in start-ups is a cautionary tale for us in North America as the bureaucracy slowly grows in size and influence.
Excerpt:
"On paper, the idea of synergies between startups and more established companies is a no-brainer. Italy has a strong tradition of manufacturing, especially in small and mid-sized enterprises which are now struggling to keep up with the pace of innovation.
Wouldn't it make sense for them to partner with startups that would function almost as external R&D departments? Unfortunately, things are not so simple."
Italy's stagnant growth in start-ups is a cautionary tale for us in North America as the bureaucracy slowly grows in size and influence.