I think Silicon Europe it is about public relations.
The R&D budget is at the level of the contributing organizations. Silicon Europe is about "synchronization" of effort and about persuading politicians and the general public in Europe that micro- and nanoelectronics is strategic to the future wealth of the continent.
Once that PR battle is won larger subsidies can flow to help Europe compete against U.S. and Asia.
I feel sure the participants would argue that any such subsidies would be just "leveling the playing field" as other regions tech firms are already subsidized.
And I am equally sure regions would probably cry "foul."
As we unveil EE Times’ 2015 Silicon 60 list, journalist & Silicon 60 researcher Peter Clarke hosts a conversation on startups in the electronics industry. Panelists Dan Armbrust (investment firm Silicon Catalyst), Andrew Kau (venture capital firm Walden International), and Stan Boland (successful serial entrepreneur, former CEO of Neul, Icera) join in the live debate.