Venture capital is a type of funding that helps innovative companies in high-tech fields. In the US, it has grown a lot, but in Europe, it's not as big. The researchers looked at how venture capital in Europe compares to the US and how it helps innovative European companies. They found that European venture capital doesn't help these companies raise money, grow, or create jobs as much as in the US. The study suggests that Europe should support its venture capital industry more to help it grow and improve.