By World Economic Forum August 2015
Europe’s economies, firms and citizens urgently need the economic growth that flows from increased regional competitiveness. The European Commission’s recent Spring Economic Forecast struck a positive and very welcome note by highlighting a number of economic “tailwinds” that are expected to support lending, consumption and investment across Europe. In the context of the high unemployment levels and concerns over rising inequality, it is critical that European leaders across the private and public sectors capitalize on these improving conditions to deliver broad-based growth.
This report, part of the World Economic Forum’s work on Enhancing European Competitiveness, suggests that European firms and political leaders could help achieve this growth by investing time, energy and capital in new forms of innovation, in particular by increasing the number and success rate of innovation-focused collaborations between young, dynamic firms and large, established companies
Download full report here