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During the recent European elections, the preparation for which was likely rather confusing for Americans, I often heard here an interesting definition of the typical European: he would have the even-temperedness of the Irishman, the charm of the Prussian, the imagination of a Belgian, the sobriety of a Luxemburger, the flexibility of a Dutchman, the good nature of the Dane, the punctuality of the Italian, the modesty of a Frenchman, and, last but not least, the love-making ability of an Englishman. As a modest Frenchman, I am very flattered to have been invited to address this most distinguished group on innovation in Europe, a very fashionable subject now. In this country, European innovation is continually praised, compared to the U.S. which is viewed as losing its position of technical leadership to Europe and Japan. The paper of C.A. Sears describes what the situation is in Japan, but as far as
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