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Saturday, June 25, 2005
Stephen Wildstrom writes, despite Europe having everything to be a hotbed of high-tech innovation: a highly educated workforce, great universities, a solid legal system, and advanced financial market - it is anything but. The Europe, the Middle East, and Africa, the region is home to only 143 of the world's top 1,000 software companies. Excluding Britain and Israel, just 88 are found in continental Europe. European tech entrepreneurs and investors, are working in hopes of producing a white paper laying out an agenda for a European "innovation ecosystem." The fundamental problem seems to be a culture that fails to reward risk-taking.
Category :Europe |
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