Morten Lund, Marcel Salathé: Swiss start-up environment lagging behind

Ritah Ayebare Nyakato / Stefan Kyora

03.11.2015 13:25

Although the entrepreneurship ecosystem in Switzerland and Europe at large is developing there are still weaknesses that are hindering the development of start-ups and the entire ecosystem. Skype-founder Morten Lund speaks in an interview about the weaknesses, Macel Salathé gave an impressing talk at Lift Basel. And Bilan asks in an article if Swiss start-ups have to leave the country to be successful. Our start-ups press review.

Last week Skype-founder Morten Lund gave a keynote speech at the Swiss Startups Awards. During his stay in Switzerland he was also interviewed by “20 Minuten”. In the interview, he addresses factors that facilitate success for start-ups and he explains why he thinks that Swiss are too lazy for starting or joining young companies.

Morten Lund: Schweizer sind zu träge für Start-ups
Er hat in über 100 Firmen investiert und war 2009 pleite. Der dänische Unternehmer Morten Lund erklärt, was es für den Erfolg eines Start-ups braucht.

Marcel Salathé gave the closing keynote at Lift Basel. Salathé is Associate Professor at EPFL, School of Life Sciences & School of Computer and Communication Sciences. In his speech at Lift Basel he highlights some of the challenges facing the European business ecosystem. He presumes that Europe is becoming less attractive for young people. He is concerned that unemployment rates are at 10% in some of the southern parts of Europe. As a result many youth would take the opportunity to leave if it came along.

He asserts that the information and communication technology sector is now the dominant economic driver of growth. Of the leading companies not a single European company is represented. This is a clear indication of economic downfall for Europe. Apple, Google, Facebook, Amazon, Uber are some of the leading ICT companies, all American. Moreover not as single European company appears among 20 global leaders of internet companies that are public. And among all publicly listed companies in the digital economy, 83% are American, and a mere 2% are European.

To fix this a change in the psychological environment is neccessary in Europe. Salathé invited the audience to be innovative and to demand the same from other people and from companies. If this change is going to happen, Salathé sees a bright future for start-ups. In a tweet commenting his speech he wrote: "To be clear: I’m extremely bullish on Swiss startups. It’s the psychological environment that’s lagging”.

Marcel Salathé: Creating a European Culture of Innovation

Bilan: Faut-il quitter la Suisse pour réussir?
Doit-on s’expatrier pour assurer le succès de son entreprise? La Suisse est un terrain fertile pour faire naître une start-up, mais elle peine ensuite à offrir un véritable tremplin financier.

Please login or
register to comment

Please login or sign up to comment. Commenting guidelines

Please login or
register to use the
bookmark feature

Principal

24.03.2017
Editorial

Evidence of great potential

Partners

Contributors