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20
In an age of a growing digital economy,
Europe’s prosperity is created, not
inherited. The future of Europe
depends on a competitive mindset
and a willingness to gain advantage
against the world’s best competitors in the U.S. and China
Scaling the heightsFor all the talk about Europe’s innovation struggles, the continent has no lack of great ideas or, indeed, start-ups. It is during the process of scaling up that companies generally struggle.
“SMEs and growing companies struggle to find the capital they need to scale up due to smaller-risk capital markets.
Later-stage venture capital investments were 20 times higher in the US than the EU in 2015.”
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