Physicist-turned-entrepreneur Hermann Hauser has no doubts about the entrepreneurial potential of Europe. He’s dug deep into his own pockets over the past 20 years to fund more than 100 European start-ups. But to survive and grow fast, young technology companies need large pools of capital - and smart management. And both are lacking in Europe.
Giving the first annual Science|Business lecture in the European Parliament on 12 November, hosted by MEP Andrew Duff, Hauser argued that Europe has failed to tap equity as the most effective financing tool to grow its innovative small and medium-sized companies.
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