The World has many problems waiting to be solved. However current corporations and startup ecosystem are not capable in solving most of them. What we need is a new type of mega corporations. Complex but flexible like a human body. It's lateral as well as vertical integrity would allow to solve problems faster and more effectively. Human body has bones to make it more rigid like corporations, but also has fingers which are flexible like startups. However they are all part of the same body. Finger goes where the arm goes and is flexible at that point. We need new generation of companies which imitates this.
Small firms are limited with what is already available. Therefore they usually only develop the software part of the solution. A company that builds the components as well as the finished product would be more agile and fast to market. The components would only have features that they would use. To maximize the profit. The company would only sell services that utilizes the products the company produces. A clearer example: Firm A provides construction services using its autonomous construction robots. Firm A manufactures most of the components that make up the robot and build the robots using these parts. Firm A do not sell the parts or the robots but provides services that utilize these robots.
Main goal of startup investors are short term profit. Investors profiles are highlighted by their exit values they achieved. We need to maximize the profit in the long run not today. Short term profit maximization does not solve the problems of the society and economical crisis never finishes. Developed countries complain about China's dominance. Small companies with limited resources prefer to manufacture their designs in China. Therefore even West has many startups their production capabilities weaken everyday. Only corporations can invest and establish manufacturing facilities. That is what West needs.
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