why do US companies dominate the internet businesses?

Question

i asked the following question here a couple of minutes ago and recieved a huge respons to the post
Why do you think the US are dominating the internet business?

I will like you to give 10 reasons why you think US companies are in complet dominion of all viable internet business : yahoo , google , ebay ,amazon , paypal , msn , youtube , myspace etc . why do you think is hard for start ups to come from countries that are not US . what is the magic ingredient found in the US that is not found else where . what is the magic wand that the US has that is hard to be copied else where .
why is it that Europe , china , india canada can't make it ?
Give your reasons in 10 precise answers
you can check some of the respons below
http://answers.yahoo.com/question/index?...

the whole thing boils down to :open market innovation , VC , . my question is , if all this are true why can't canada and UK be also on the lead

Answer 1

Because they know what money maker is, where and how.

All the best!/

Answer 2

The US actually dominates most industries because of our success after WW II. This is something you won't hear from many sources because of bigotry and prejudice around the world.

Immediately after WW II, the US engaged US businesses to help in rebuilding both Europe and Asia, and the revenues generated created megalithic companies and industries in the US. Many US companies were so large that they found themselves with policy making power over foreign governments, and the US government often had to step in and regulate relationships.

US influence has been decreasing steadily over the last 6 decades as countries recovered and as their economies grew. It's only natural that other countries should be shaking off US influence beginning about 1970 or 1980 as they emerge from the catastrophic damage of the war.

Of all the countries in the world, the US has had the only steady industrial economy for more than 60 years (the US, England and Japan are the only countries with advanced economies older than 100 years, and of the three, the US survived the war undamaged).

It's not just about open market innovation. The US has the most advanced securities markets and attracts investors from all over the world, we consume 25% of the world's resources and therefore create a great deal of demand, we have immense natural resources that are largely untapped, and we're sitting on an extremely valuable piece of real estate.