Asml is a European company. Arm (was) a European company. Novo Nordisk is a European company.
It’s ludicrous to pretend important ideas only come from the US and China.
Most of the interesting programming languages come from Europe (OCaml, Haskell, Idris, Gleam these days). We're not short on ideas.
Yes we're not that good at creating mega-businesses. And when we manage, said businesses quickly run to the US.
I mentioned software, but didn’t said that I specifically focus on it.
Asml, arm, novo - neither of them are software companies. From what I’ve seen asml wouldn’t work without zeiss, another European company.
This still doesn’t invalidate my premise that software landscape is completely and totally dominated by us/Chinese companies, except probably gaming, where couple of hits can make a studio from any country a world class player, like CD Project Red