What Europe needs to do to spur its tech sector is lower taxes.

A 2018 study shows tax increases significantly reduce innovation. A 1% increase in the top marginal income tax rate leads to a 2% reduction in patents and inventors, while a similar increase in corporate taxes causes even larger declines.

The study is quite rigorous too:

https://open.substack.com/pub/maximumprogress/p/tax-cuts-and...