innovation

  Technology is no longer merely a sector of the economy; it has become the economy itself. Over the last three decades, waves of digitization have woven code into every productive process, while the arrival of generative artificial intelligence promises to automate cognition itself and disrupt most industries and professions. During this period, technology companies have become […]

  In March 2000, European Union leaders launched the Lisbon Strategy, an ambitious vision to make the EU the world’s most competitive economy by 2010. The goal was to foster a knowledge-based economy and a seamless internal market. Since then, the commitment has been repeated like a mantra – but the target date has continually been […]

  Conventional wisdom holds that while the United States tends to embrace innovation, the European Union often holds it at arm’s length. Recent events seem to support this: In September, the EU’s General Court ordered Apple to pay 13 billion euros in taxes to Ireland, then later that month the European Court of Justice imposed […]

  In July, the European Commission published its “European Innovation Scoreboard 2024” (EIS), “a comparative assessment of the Research and Innovation performance of EU Member States, other European, and selected third countries.” At first sight, the main results offer a somewhat comforting picture. The scoreboard, overall, shows that the European Union countries do innovate. In […]