European companies used to dominate markets, but now they are less competitive and grow more slowly, and the size of companies has become a crucial factor. Here is the market capitalization of companies founded over the past fifty years — observe how the United States significantly surpasses the European Union, especially in the field of advanced technology.
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European companies used to dominate markets, but now they are less competitive and grow more slowly, and the size of companies has become a crucial factor. Here is the market capitalization of companies founded over the past fifty years — observe how the United States significantly surpasses the European Union, especially in the field of advanced technology.
Source: International Monetary Fund
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