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Europe’s innovation slowdown and the 50-year startup gap

Europe: where innovation goes to take a well-deserved 50-year nap and leads the world in exporting nostalgia.

From The future of European competitiveness report: Europe is stuck in a static industrial structure with few new companies rising up to disrupt existing industries or develop new growth engines. In fact, there is no EU company with a market capitalization over EUR 100 billion that has been set up from scratch in the last 50 years, while all six US companies with a valuation above EUR 1 trillion have been created in this period.

Europe’s innovation slowdown and the 50-year startup gap

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