A Roadmap for Europe to Succeed in the Digital Economy

This report outlines strategies for Europe to lead in the digital economy, emphasizing the need for innovation-friendly policies and investment in emerging technologies like AI and IoT.

(Generated with the help of GPT-4)

Quick Facts
Report location: source
Language: English
Publisher: Center for Data Innovation
Authors: Eline Chivot
Geographic focus: Europe, Eu Member States

Methods

The research method involved analyzing the current state of digital innovation and adoption in Europe, comparing it with other global markets, and providing policy recommendations to enhance Europe's competitiveness in the digital economy.

(Generated with the help of GPT-4)

Key Insights

The report presents a comprehensive strategy for Europe to excel in the digital economy by fostering digital innovation and adoption, particularly in enterprise-level industries. It stresses the importance of harmonized, innovation-friendly policies and regulations across the EU to keep pace with global competitors, particularly in Asia Pacific and North America. Recommendations include pursuing technological leadership in emerging digital technologies, creating a regulatory framework conducive to the digital economy, investing in research, nurturing a digital-ready population, and spearheading technology policies. The report highlights the need for EU policymakers to address online platform fairness, online hate speech, privacy, competition, innovation, and European competitiveness in AI and IoT. It also suggests that EU member states should coordinate their efforts and national strategies to efficiently invest in R&D, transfer research into commercial innovations, and create a harmonized regulatory environment.

(Generated with the help of GPT-4)

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