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Maybe it's because Silicon Valley occurred first, and then oppressed most of Europe's "native" companies? It seems that there are some massive sources of wealth for tech companies, such as search, social networks, and e-commerce companies. In Europe, these have all been supplanted by Google, Facebook, and Amazon respectively. In China, on the other hand, these companies were free to grow and establish their own nexuses of tech talent. As a result, China is the closest to having the Silicon Valley of <x>. Perhaps Europe should take a page from China's (and the US now, I suppose) playbook? |