Today, entrepreneurs are tackling the global economy and not just the local market. They face unprecedented challenges and threats, as well as remarkable opportunities. Today, innovation and entrepreneurship are about being fast enough. These are just some key points to keep in mind when reading the World Economic Forum’s (WEF) new report “Fostering Innovation-Driven Entrepreneurship […]
Europe’s future is at risk. Future competitive edge, economic empowerment, digital innovation across Europe, as well as the career development opportunities, earnings, and job security of Europe’s next generation are all at risk. Our youth is no longer competing at the national level, and not even at the European Union level. Just like our economy, […]
There are two basic reasons for expecting to find links between quality of education and competitive advantage. A general reason is that living standards have risen so much over the past centuries due to education. The rise of the middle class across the Western world after, but even during, the Industrial Revolution has proven that […]
Big data is no longer a new phenomenon in Europe, we are familiar with it and the challenges it continues to pose. Big data are information assets so complex that they require new forms of processing, but offer such new opportunities that they may enable enhanced decision making, insight discovery and process optimization. I like […]
The quality of public institutions is very important to the economic competitiveness of a country. The Global Competitiveness Report 2013-2014 from The World Economic Forum, lists several factors that hinder the strength and quality of public institutions, and ultimately impose significant economic costs to businesses and slow the process of economic development. These factors include […]
70 percent of start-ups in the EU survive the first two key years of existence. This is good news in comparison with the long-held belief that the majority of businesses actually fail in the first year. In fact, there’s more to be concerned about further down the road.
Youth unemployment in Europe is high
In the EU, youth unemployment is currently at 22% – up from 15% in 2008. European Commissioner for Employment Laszló Andor estimated that high levels of youth unemployment are costing Europe approximately €2 billion per week.
Building a global learning environment for youth