It's not just Italy. Places outside of Silicon Valley, within the USA have the same outlook.
Personally, I think this 'failure as a badge of wisdom' is one of the 'secret' ingredients for the 'Silicon Valley' recipe.
Personally, I think this 'failure as a badge of wisdom' is one of the 'secret' ingredients for the 'Silicon Valley' recipe.
Everywhere has people who have go-nowhere attitudes, but it all depends on the type of people you know, it's not universal. The thing unique to the Valley is that it has people flush with capital that encourage large, repeated, expensive risk taking in tech products with low expectations of success. And, spoiler warning, there is nothing secret about it.
It's a pretty good read. The relevant section regarding Italy: "Thiel’s identification of the indefinite pessimists: modern-day Europeans. 'The world is going to hell in a hand basket, so we might as well as drink and be merry,'"