While these European digital champions have some of the highest GDP per capita globally, they are home to just 14 percent of the total EU population and 18 percent of its GDP. What they do illustrate, however, is that the foundations for a European Tech Powerhouse are already here — just not at scale.
And while this is reason for optimism, we shouldn’t ignore the many factors that seem to be eroding the EU’s position in the global tech race. This competition is ultimately a race for progress, wealth and geostrategic influence, and its importance for Europe’s future cannot be…