Horizon 2020? Yes, lots of paper was pushed and lots of fantastic reports written. It promised more breakthroughs and discoveries, but it only delivered tons of reports printed on dead trees.
Maybe so, and I'm not going to say Horizon 2020 is equivalent to Silicon Valley investment.
But it has funded lots of small companies doing R&D, which I thought was the subtopic here comparing with DoD funding, which also involves lots of paper and fantastic reports...
The issue with Europe is that it's all decentralized by nature. They can't expect a company in Prague or one in Madrid to move to Strasbourg, unless given strong incentives, which the EU is pretty loathe to give.
But it has funded lots of small companies doing R&D, which I thought was the subtopic here comparing with DoD funding, which also involves lots of paper and fantastic reports...