Contrary to what many think, the EU does even better than the US at
creating high-tech start-ups; however, many European firms whither on
the vine due to a lack of finance.
Yet a simple solution has been lying in plain sight for decades – we
simply need to grasp it. The answer, as with a great many questions, is
money. In each of the past five years, the EU has created more high-tech
start-ups than the US. Nonetheless, many of them fail to scale up,
while some move to greener pastures on the other side of the Atlantic. (...)
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