Report (via ITIF)
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After converging with the
U.S. for over 40 years, since 1995 Europe has fallen farther and farther
behind in productivity. This report discusses how lower rates of information
and communication technology (ICT) investment by companies in Europe have
played a key role in this dynamic, and analyzes the factors driving it. In
particular, over-regulation in areas like the labor market and IT (e.g.
privacy) and a desire to grow Europe's IT industry through such ill-advised
policies as supporting a "European Cloud", hurt, not help,
broad-based adoption of ICT. To get growth back on track, Europe needs to
focus not on growing IT companies, but on policies that encourage ICT
adoption throughout the entire economy.
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Monday, June 2, 2014
Raising European Productivity Growth Through ICT
Topics:
ICT Applications,
ICT Research,
Industry News,
James Jones
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