Hacker News new | ask | show | jobs
by Mashimo 1105 days ago
> What is it about Europe that puts it so far behind the US and Asia in innovation?

How far behind is Europe?

1 comments

None of the top tech companies are European, so quite far.
That's true only for a very narrow definition of "tech". If I were to redefine "tech" to only include Formula-1 racing teams and constructors, then suddenly none of the top tech companies are from the US.

Am I right to assume you have never heard of companies like ASML, Spotify, Booking.com, Just Eat (takeaway.com), or Adyen?

And finally, large US companies use their capital to buy out European firms to keep pretending that all "tech" is home-grown. Skype, Nokia, ARM, NXP, SkyScanner, Shazam and Minecraft all started out in Europe.