The article isn't based on any sort of objective measurement, so we can't say objectively that europe has less technological innovation, only subjectively. I l

The article isn't based on any sort of objective measurement, so we can't say objectively that europe has less technological innovation, only subjectively. I live in Belgium, and in my opinion I've had plenty of opportunity to do interesting innovative work. 6 years ago I wrote an SVG renderer in actionscript, on top of a DXF-to-SVG convertor in PHP. 5 years ago I wrote my own rich web grid component, backed by a metaquery system that allows users to point-and-click together arbitrary filters. 3 years ago I switched to a web app architecture of javascript components over JSON-RPC services. IMHO, that was interesting and innovative work, but you've never heard of the product it went into (myMCS), because the company I work for focuses on the european market and has decided to do that without seeking external financing. That's typical of european tech companies. They operate on a local market, and they take on less risk so they don't grow as aggressively. That doesn't mean there's less innovation, just that it's less visible.