The overall amount of innovation is absolutely not the same, you can easily compare productivity growth in both regions to see the EU is also lagging there.

Also, the chart does include companies that are European headquartered (like Spotify) unless I’m mistaken.

Even if it didn’t though, don’t you think it’s a problem that a group of 600 million people cant form an attractive enough capital market such that its companies wouldn’t need to go abroad to a group of 300 million people to go public?

This is the weak complacency I’m talking about, as someone living in Europe it’s maddening.

I have no idea how you managed to read "this list is somewhat an artifact of" and "skews against" as a claim that the two would be "the same" if not for what I was pointing out.