Sussex University’s Paul Nightingale and Alex Coad ask why Britain hasn’t created a world-beating California-style tech company:
Over the last 30 years innovation and entrepreneurship have become increasingly prominent concerns for successive UK governments. And yet our record is mixed, to say the least. The economist David Storey has calculated that we spend about £8bn a year supporting small firms in the UK. Having spent this money we should be asking: where are our Googles?
The answer, of course, is that the number of people setting up companies has nothing to do with the creation of innovative high-growth firms. Increasing the former doesn’t make the latter any more likely.
The Demos article led me to Muppets and Gazelles a paper Nightingale and Coad wrote in December. Here, they describe the typical British startup:
The typical entrepreneur is more like someone who starts from an underprivileged position (people with good jobs are…
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Utopia, you are standing in it! 
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