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▲ niklasrde 4 hours ago

The EU accounts for 14% of global GDP, so accounting for 16% of top 100 in market cap isn't terrible (if we're weighing each in the top 100 equally).

▲eloisant an hour ago | parent | next [-]

and 5% of the population so still not too bad

▲hn_throwaway_99 2 hours ago | parent | prev [-]

It's not like those are independent variables though. The idea is that if Europe were more competitive and did a better job fostering innovation then both its percentage of global GDP and top companies by market cap would be higher.