EU funding is typically small government grants or seed money. Investors are culturally a _lot_ more risk averse if comparing with the US.
None of the tech sector in the US would exist without NSF, darpa, and NY,SV investors.
Most of the success stories in the EU have been with companies that secured capital from US funds. The only exception I can think of from the top of my head is Nokia and ASML.
It's only a shadow of its former self.
It's one of the reasons why embedded gigs pay so little in the EU.
"None" is probably a bit much but I agree it rounds to a number close to zero.
Can you prove that there’s a meaningful relationship between people having to spend less time in a physical office and tech company annual revenue? ( spoiler alert: you can’t)
Also, why didn’t you just clearly outline your argument? It seems you’re implying that America is more financially successful than Europe because the US has a toxic addiction to perceived ‘work ethic’.
Not a great example, considering the recent Axx SoCs and M1 SoCs that have transformed Macs as a product and differentiated iPhones from Android were entirely developed in Silicon Valley. Most of the software and hardware engineering happens in the Valley as well.