The Data Revolution: Europe’s Chance to Lead in the Digital Economy

Many European policymakers, business people, and citizens lament that the United States has been leading in the Internet economy, while Europe has been slower to adapt. But we should all take heart, says Paul MacDonnell of ITIF’s Center for Data Innovation in EurActiv, because a new era of data-driven innovation is upon us, revolutionizing everything from healthcare to business supply chains. If Europe seizes the moment, it has every opportunity to lead. Doing so will not only mean new jobs in the data economy, but also an array of societal benefits, including reduced energy use, better healthcare, and higher productivity.