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Europe heads backwards

The Economist has another example of bumbling German bureaucrats pushing Germany back into the Dark Ages. Given the number of Europeans in US high-tech industries, it's pretty clear that Europe lacks opportunity and not talent. Indeed, in the US, it seems that large companies buy much of their innovation, rather than developing it themselves. This means a favourable environment for start-ups is essential to hot technology. This is what Europe lacks.
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Europe heads backwards

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