[jlokier]

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...

[fakedang]

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.