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If we're talking about computer related tech then it's not even a contest. Pick any number be it total funding, exits, whatever and the US is going to win by an
by auganov 8y ago
If we're talking about computer related tech then it's not even a contest. Pick any number be it total funding, exits, whatever and the US is going to win by an order of magnitude.
Traditional industries are perhaps doing better, not sure. I hear that Europeans tend to be more innovative in manufacturing, factory tech etc. But I wouldn't know enough to have an opinion. If you look at the GDPs something must be going okayish. But it sure isn't startups.
I agree on VCs and capital but that's just a symptom IMO. The risk aversion goes all the way down. So does the conservatism.
Moving to the US is easier than changing the culture.