Read about innovation in Europe and the discussion will quickly turn to the perceived lack of "unicorns" or even "decacorns" (companies with a valuation of at least $ 10 billion).

I don't think this Silicon Valley perspective on innovation is particularly useful.

After all, what good is a decacorn if it only benefits a handful of founders, VCs and banks? What is the point of technology if it doesn't make the world a better place to live in? And how sustainable is it when only a small group of people can harvest the fruits of progress?

Instead, what if we looked at innovation from the angle of daily quality of life, measuring social mobility or a sense of wellbeing? Because these are the true indicators of innovation.