Why is there no Silicon Valley in Europe? - VisualPolitik EN

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Silicon Valley is today the mecca of innovation and investment in new companies and products. Its consolidated position as a driver of new inventions and breakthroughs has become the envy of the world. The European Union, faced with the lack of novelties born in its territory, wants to imitate the Valley model in order to be able to place itself alongside the great world powers: the United States and China.

The European Union's path to creating new products and systems has stalled over the years, and the Union knows it, having become the Detroit of the globe. The push for measures to create technology hubs has begun, but it faces several problems, such as the lack of a unified military and industry.

But the war situation in Ukraine could change the course of the European Union, it could redirect its path and move from becoming the world's Detroit to possibly becoming the world's Silicon Valley. However, there are many efforts to be made by all the countries of the Union.

Why has the European Union lagged behind the United States? How is the Union becoming the Detroit of the world in terms of innovation? Is the Ukraine war the big opportunity for the Union to take off? In this video we tell you about it.

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