Europe’s economic challenge is multifaceted, but as ITIF President Rob Atkinson writes for The Telegraph, one simple step all European governments can take to improve economic performance would be to stop favoring small firms.
ICT-intensive firms in Europe suffered no productivity slowdown during the Great Recession while their counterparts that invested less in ICT did, writes John Wu in Innovation Files.
Platforms should remove indisputably illegal content. But as the Center for Data Innovation’s Nick Wallace writes for EUobserver, forcing platforms to remove less obviously illegal content would threaten lawful free speech.
Please join the Center for Data Innovation for an overview of a new report outlining how the GDPR will impact the development and use of AI, and a panel discussion about what Europe should do to support increased AI development and adoption.
The EU’s new data privacy rules, the General Data Protection Regulation (GDPR), will have a negative impact on the development and use of artificial intelligence (AI) in Europe, putting EU firms at a competitive disadvantage compared with their competitors in North America and Asia.
The Internet of Things offers myriad benefits to European society. But the European Union’s forthcoming ePrivacy Regulation could throw sand in the gears of progress. As Nick Wallace writes for EUobserver, policymakers should narrow the scope of the regulation while they still have the opportunity.
Germany’s Federal Network Agency recently issued a blanket ban on children’s smartwatches that offer an audio link. As Nick Wallace writes, the agency’s position is not only bad for children, but suggests that German regulators might ban other smart devices that make up the Internet of Things.
Since countries have different laws on the limits to free speech, none should be allowed to censor social media beyond its borders. The ECJ should make that clear when it decides the Glawischnig case.
The EU’s General Data Protection Regulation (GDPR) ostensibly outlaws barriers to the flow of personal data between EU countries, and in September 2017, the European Commission published a draft regulation for a similar rule on non-personal data transfers. Yet a plethora of questions remain. How should policymakers address the remaining obstacles to data flows outside the union?
ITIF's Center for Data Innovation submitted comments to the Article 29 Working Party, the advisory body of European privacy regulators, on its guidelines regarding algorithmic decision-making and the General Data Protection Regulation (GDPR).
ITIF's Center for Data Innovation submitted comments to the European Commission in response to its recent impact assessment on “fairness in platform-to-business relations,” a study to investigate practices by online platforms—digital services that cater to two-sided markets—in their relations with other businesses.
European product innovators—firms that release new goods and services into the market—increased their employment by 8.5 percent during recessions (versus 12 percent during booms), writes John Wu in Innovation Files.
If the EU intends to build a Digital Single Market home to the next generation of tech companies, then it needs consistent policies that allow businesses in all sectors to take advantage of online advertising.
The average technology-based Italian businesses located in a science park cluster produced 5 additional patents when compared to a similar business not located in a science park, writes John Wu in Innovation Files.
Data innovation is making a major contribution to Europe’s economy, but there are stark variations between countries. This report uses a variety of indicators to measure data innovation in the EU and rank its 28 member states, identifying why some countries are ahead, and what others can do to catch up.
As a host of new digital technologies have emerged over the last decade, data has become a key driver of economic growth, social progress, and innovation. But what is the true state of data innovation in the EU, and how do European national economies compare in their use of and support for data?
The European Commission is set to release a report this week on corporate tax reform. According to news reports, it will recommend that the European Union make unilateral changes to the way its members tax large international companies. If these reports are accurate, European leaders should reject the report’s proposals.
When French fishing boats adopted a new fishing net design, it improved the quality of fish harvest by 29 percent and decreased fish prices by 23 percent.
The Center for Data Innovation emphasizes the fact that there is little to no evidence to support hyperbolic fears about AI in its response to a call for evidence by the select committee on artificial intelligence of the UK’s House of Lords.
The European Banking Authority recently proposed banning third-party financial services firms from using software to automatically collect consumer data from banks. That would limit innovation by enabling financial institutions to unfairly restrict their customers’ ability to share data with companies whose services often compete with those of the banks.
Among Irish firms, a 10 percent increase in R&D investment per employee raised productivity by 12 percent, writes John Wu in Innovation Files.
Foreign-owned Spanish manufacturing firms were 15 percent more productive from 1998 to 2012 than locally-owned firms, writes John Wu in Innovation Files.
“4.0 innovation” is something both sides of the Atlantic should not only welcome, but do everything possible to accelerate.
German laws criminalizing hate speech and defamation are already some of the most restrictive in Europe, writes Nick Wallace in The Local. But a new bill going through the Bundestag, intended to combat hate speech, will create powerful incentives for online platforms to suppress content that is not even illegal, and inhibit the development of data-driven tools that offer more sophisticated ways of fighting extremism.
In the EU, increasing R&D investment by one percent creates 30 percent more employment in high-tech firms than medium-tech firms, writes John Wu in Innovation Files.