Dr. Burton Lee leads a broad overview of the state of innovation policy in Europe today and where it is heading in the next 2-3 years.
The European Commission’s Director-General of Research and Innovation places innovation as the focal point of EU economic growth.
While several countries in Europe have higher broadband penetration than the United States, recent claims by the European Commission that the EU leads the world in broadband are unsubstantiated
The 2009 report finds that while the U.S. still leads the EU in innovation-based competitiveness, it ranks sixth overall and last in progress over the last decade.
After a long period over which Europe was catching up to the United States in productivity, this trend has reversed. Lower levels of investment in information and communications technology (ICT) and less effective use of existing ICT explain a significant share of the lower rates of productivity growth in the European Union over the last decade when compared to the United States. The report argues that regaining robust productivity growth will be critical for EU nations over the next several decades as they struggle with a myriad of challenges, including an aging population.