Sample of real translation (PracTrans always regards confidentiality as one of our top priorities. The following translation samples do not involve any confidential content.)
 
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Spence, who is a senior fellow at the Hoover Institution, blamed Europe’s innovation deficit on underinvestment in an already decentralized R&D landscape, incomplete integration of the single market, lack of key infrastructure like computing power, and limited availability of VC and private equity funds.
胡佛研究所（Hoover Institution）高级研究员斯彭斯将欧洲的创新能力不足，归咎于已经去中心化的研发领域获得的投资不足、单一市场整合不彻底、缺乏算力等关键基础设施，以及可用的风险投资和私募股权基金有限等。
 
Europe can overcome these obstacles and has important advantages, such as the talent coming from its universities and a social safety net that provides the economic security needed for entrepreneurial risk-taking, he noted.
他认为，欧洲可以克服这些障碍，并且拥有重要的优势，例如来自本地高校的人才，以及为承担风险的创业者提供必要经济保障的社会保障系统等。
 
Without a new economic vision, however, traditional industrial sectors that are less innovative will continue dominating, while the best and the brightest will migrate to other countries, he warned.
然而，他警告说，如果欧洲缺乏新的经济愿景，创新能力不足的传统工业部门将继续占据主导地位，而最优秀、最聪明的人则会流失到其他国家。
 
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