Easy access to capital helps a lot. In Europe, we've plenty of good schools and universities, but capital is so much more readily available across the pond that

Easy access to capital helps a lot. In Europe, we've plenty of good schools and universities, but capital is so much more readily available across the pond that entrepreneurs who need it readily flock to the SV or NYC in order to get it. It also helps a great deal to have a consumer society that is on a constant lookout for the latest or greatest gadget, product or service. This helps to quickly identify the better options amongst the gazillions that see the day and die each year.