Earlier quoted context omitted.
The UK had a small but modern computer industry in the 1980s, via Acorn and the resulting ARM chips that are world-beating today. It also had firms like RIM, Sinclair etc. Until ARM was sold to SoftBank it was the primary British high tech computer firm. Little known fact - ARM is one of the very few European tech firms that incentivised its employees with equity sharing. It was and still is standard for firms outsid…
How much of Acorn even having a chance is consistent with your correct as far as I know history of the British economy, with socialism only being (partly) rolled back by Thatcher? I'd also note that Apple et. al. were also subject to similar macroeconomic headwinds, although our inflation rate's peak was "only" 15%. Bad luck indeed, although looking at the details of e.g. the Acorn Electron which had that production…
I think the general macro-economic and social conditions may explain why Acorn was rare, whereas the US birthed many such companies. But then again, the UK has less than a quarter of the population of the USA, so presumably that right there should slash the number of companies.
I've also done a focus switch in this discussion, from all of Europe to just the UK. The rest of Europe was still very messed up outside of west Germany and the small northern states, either dictatorships, or just exited from dictatorship, or were France:
https://uramericansinparis.wordpress.com/2010/12/15/france-i...
West Germany gave birth to SAP in 1972, UK gave birth to Acorn and a few other small computer firms that didn't really make it, only SAP and ARM still survive and only one independent. I don't know of any big French tech firms from this era, but maybe there is one.
So I guess Acorn and maybe SAP are the exceptions that highlight just how dire conditions were in most of Europe at this time.