I imagine that the industry is under comparatively little scrutiny by regulators and the public, and can therefore be as fast-moving and rule-bending[0] as the top SV startups. This combined with less (at least perceived) prudence in Europe might give them the edge over their competition.
unsoundInput|9 years ago
[0] https://news.ycombinator.com/item?id=12855554
jusq2|9 years ago
Even in areas where they do match up tech-wise Auto, Nokia, Airbus/Ariane etc maybe they need a Elon Musk type to do some ass kicking.