

Disruptive Innovation in Europe with Frank Thelen
24 snips Nov 22, 2023
Prominent entrepreneur and investor Frank Thelen discusses the challenges of disruptive innovation in Europe, focusing on Germany. Topics include the future of the German car industry, AI's potential in precision agriculture, the importance of entrepreneurship, and the need for investment and mindset change to keep pace globally.
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Linear vs. Exponential Growth
- Germans excel at linear optimization, improving existing products step by step.
- However, they struggle with exponential growth, adapting to rapid technological advancements like the US.
Technological Convergence
- Combining technologies like 3D printing, AI, and IoT creates new possibilities.
- Germany has strong research but lacks the founder vision and capital for large-scale ventures.
Europe's Innovation Potential
- Europe possesses strong research institutions and successful first-mover companies.
- However, it needs more investment and faster development to compete with the US and China.