Peter Day asks whether Europe really needs big projects such as the Galileo Satellite System to boost innovation.
European politicians are worried about how the continent is falling behind the United States in innovation.
Some of them are placing their faith in big industrial and internet projects to boost the continent's ability to compete. But can taxpayer's money help innovation, or does it actually hinder it?
And does Europe really need a European rival to the current American-run Global Positioning System and its own version of Google?
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