But British capital significantly outstrips competitors on business opportunities.
Munich has been acclaimed as the premier technology hub in Europe in a report from the EU Commission.
The Joint Research Centre, the Commission’s science thinktank, scored regions and cities out of 100 on the basis of their research, innovation and business activities.
Munich was graded at 100, east central London at 97 and Paris at 95, with marks quickly tapering off after the top three. London was judged to be inferior to Paris and Munich in terms of innovation and research, but dominated them in business.
Other British areas performed well, with Cambridgeshire attaining fifth place overall and scoring 78. Oxfordshire and Edinburgh were listed as 19th and 20th respectively, both scoring 51.
The report stresses that computing tends to be highly clustered, with 34 technology hubs being identified across Europe. These tend to be located in industrial areas, have links with prestigious academic institutions and are often based in capital cities.
Over 1,000 regions varying in size, population and politics were scrutinised across an array of metrics, including networking, internationalisation, funding, academics, facilities, growth and employment.