Can the euro zone be as attractive as the United States for industry?

The attractiveness of the United States for industry is strong: High private and public R&D spending; Large private equity funds, large gross issuance of listed shares; Now, the effect of the Inflation Reduction Act, with tax cuts for purchases of electric cars and energy transition equipment produced in the United States. Can the euro zone be as attractive as the United States for industry? The euro zone has well-known disadvantages: low level of R&D spending, small private equity funds, small gross issuance of listed shares; Potential growth in the euro zone is lower than in the United States, which does not help attract industrial investment; But public aid to industry is large in the euro zone: when we add up European and national programmes, we obtain 0.5% of GDP per year of support for the energy transition, against 0.17% of GDP for the IRA in the United States. The France 2030 plan alone represents 0.2% of GDP in aid for the energy transition and the development of new technologies. The European NextGenerationEU fund has allocated 37% of spending to the energy transition, and has a total amount of EUR 800 billion.