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  <title>EP4: Hydrogen vs Electric? Europe’s Real Problem Is Hesitation in a Race for Innovation</title>
  <description> For 35 years, Dr. Rainer Balbach built automotive supply chains for Daimler AG Mercedes-Benz across Germany, India, Singapore, Egypt, and Russia. From deep-drawing aluminum to high-pressure die casting that replaced 150 sheet metal parts with one, he&amp;amp;nbsp;witnessed&amp;amp;nbsp;firsthand how innovation struggles against organizational resistance.&amp;amp;nbsp;   In this episode, Rainer tells host Sasan Hashemi what nobody wants to admit: Europe stopped promoting entrepreneurs and started promoting controllers. The engineers who built empires were replaced by consultants who worship spreadsheets. Meanwhile, Singapore became a paradise for innovation.&amp;amp;nbsp;    The technology&amp;amp;nbsp;isn't&amp;amp;nbsp;the&amp;amp;nbsp;problem. Europe has world-class engineering. The problem is cultural: we stopped acting like entrepreneurs and started acting like auditors.&amp;amp;nbsp;   We're&amp;amp;nbsp;not failing because we&amp;amp;nbsp;can't&amp;amp;nbsp;innovate.&amp;amp;nbsp;We're&amp;amp;nbsp;failing because we&amp;amp;nbsp;won't.&amp;amp;nbsp;  </description>
  <author_name>Beyond Cost</author_name>
  <author_url>https://beyondcost.libsyn.com/</author_url>
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