Advance Conference – International Web and StartUp Conference in Cologne - September 19 & 20, 2011, Cologne (Germany)

Of course, there are hundreds of successful European, truly innovative startups out there. But a perceived couple of thousands are – more or less – clones of their respective US-origins. From an individual economic point of view there is nothing wrong with copycats. However, from a macroeconomic perspective the predominant funding of copycats in Europe widens the gap between the two continents in terms of economic power … on a battleground, which is regarded as the fastest growing industry of our time. This panel argues the need for a more balanced climate for funding copycats AND true innovations.