UK Business

Europe’s tech industry is lagging behind the US – but it gives the continent a chance to write the rules of the game

Written by Renaud Foucart, Senior Lecturer in Economics, Lancaster University Management School, Lancaster University

The US largely dominates the technology landscape.Sergei Elagin/Shutterstock

Europe invests a lot in research, and publishes and patents many ideas. But it fails to compete with the US and China when it comes to translating its innovation effort into large, global technology firms. The seven largest US tech companies, Alphabet (Google), Amazon,...

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