[1] See http://www.intelligentcommunity.org/index.php?src=news&r... and http://www.brainportdevelopment.nl/en/news/brainport-eindhov..., although I tend to take this "studies" and competitions with a healthy grain of salt.
People don't live in SF and work in San Jose much, either.
That said, my underbelly feeling is that Eindhoven is getting a nice startup scene, slowly swelling, though mostly focused on devices and not so much on software. But in all honesty I don't think there's much of a difference. Whether my startup buddies make html5 apps or the next revolution in fitness machinery, we face much of the same kinds of problems.
I think that a startup that grows a fair bit past ramen profitability has a lot to offer to these kinds of people. The biggest problem is how to get the word out.