INSUBCONTINENT EXCLUSIVE:
European sovereignty.The report calls for urgent action, recommending an investment of 4-5% of GDP annually in innovation, amounting to 800
companies call Europe home.In artificial intelligence, the EU trails far behind, with the US filing 2,198 AI patents in 2021, China 1,584,
and the entire EU a mere 1,074.European startups receive a paltry 14% of global venture capital investments
Opportunities and Systemic Challenges
share increased from 3.8% in 2015 to 9% in 2020, with aims for 70% self-sufficiency by 2025.The contrast is stark
His story provides a ground-level view of the challenges facing European entrepreneurs.Despite $60 million in funding, a 200-strong team,
European media showered praise on Silicon Valley startups while ignoring homegrown alternatives.Companies like Springstar specialized in
helping US startups navigate the European market, offering connections and expertise that local entrepreneurs had to develop from
measures might even make it easier for US companies to dominate the European market further.The challenges are formidable
year for small firms, further stifle innovation.Glimmers of Hope and the Need for ActionYet, there are glimmers of hope
need a more fundamental shift in its approach to innovation and sovereignty?The answer could decide if the next generation of European
entrepreneurs thrives or struggles under global tech giants.Without fixing governance, sovereignty, and strategic issues, Europe risks
Crisis: A Tale of Missed Opportunities and Systemic Challenges
