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This article focuses on the changes in attitude and venture capital provision that the author believes are necessary to rekindle the spirit of entrepreneurship in Europe. The article goes on to discuss technology clusters and the role of stock markets. It then describes the way the Cambridge‐based Amadeus venture capital company sets about the venture capital process. It concludes with a plea for entrepreneurship centres to be set up in each university and for some changes in government policy.
Hermann Hauser (Wed,) studied this question.