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by piva00 1926 days ago
A lot of tech innovation happened in the EU, the issue is that companies are acquired by the major players as a way to curb competition or acquihire a good team. The issue with tech in the EU has more to do with how different markets are across the Union, not the lack of innovation. Language barriers, cultural barriers and economical barriers are all more varied in the EU than in a market such as the US or China, it's a uniquely European issue on having such large variance in a single market.

What is the metric you are using to gauge innovation in tech in the EU?

1 comments

The first COVID vaccine, Pfizer-BioNTech ... was developed within Pfizer in the EU (Germany to be exact).

The part that made it work, a lipid envelope that keeps the thing running at non cryogenic temperatures, doesn't sound very impressive (though it is), is a Belgian company (Dutch, although I believe located in the French part of the country).

This vaccine, aside from (part of) it's financing is very much European ...