But to be honest, I am dismayed with how the ecosystem works in the EU. Billions upon billions of funding for research, some of it good and (let's face it) a lot of it not so good. But either way, no commercialization will result out of all this fundamental research. Any commercialisable results will be spun into startups in the US and China decades before any EU entity follows their path. The many scientists trained with this funding; many of them will end up in the US, and maybe of them will end up in European companies, but not in any position that would make them use any of their acquired skills.
At a time when the EU economy is falling behind so evidently, I'm frustrated that we have these people in power proposing the same old paradigms that don't really benefit the continent.