Innovate Europe:

Competing for Global Innovation LeadershipJune 20th 2019

2

Digital Europe

overview

Innovate

Europe

Pan-European

Declaration

Start-up/Corp.

Collaboration

Corporate-startup collaboration21 Pan-European approach

Enabling government and public institutions43 Innovation funding

Entrepreneurial talent65 Data access and protection

Gender diversity87Digital education, reskilling and

upskilling

Harmonized legislation and standards109Digital infrastructure and

interoperability

The European Way of Innovation (detailed next)

4

Adoption DemandSupply

Talented, educated,

diverse and mobile

workforce

Engages in life-long learning

and is ready to adapt to new

technologies and

opportunities

Entrepreneurs &

foundersBring complementary skills

and innovative ideas that

multiply as connections are

improved across Europe’s

local ecosystems

Resource owners

and providersProvide capital and data to

fuel growth and scale up

across borders

Global tech giantsProvide platforms for

scale and train talent

Academic

institutions

Create, disseminate and share

knowledge on technologies who

ideally help to train entrepreneurs

Infrastructure providers

Provide the physical links between all

stakeholders, help overcome distances and

increase speed of scale

Ecosystem builder

Public or private actors that help

link stakeholders with each other

and foster collaboration beyond

the local context

Innovation adopting corporates

Adapt to and grow in the Fourth Industrial Revolution and

help scale innovation across Europe and to international

markets

Create enabling and

stable environment, unify

European markets and

set impulses for cross-

border scaling

Public figures and

legislators

Role model innovation and

adopt innovative services in

order to ease cross-border

collaboration

Public institutions

Private

consumersDemand and use

innovation

Innovate

Europe

5

SOURCES: Global Competitiveness Report, World Economic Forum (September 2017); Fostering Innovation-Driven Entrepreneurship Report, World Economic Forum (June 2014);

MGI: "How artificial intelligence can deliver real value to companies" (June 2017); The Economist: "Chinese and US tech giants go at it in emerging markets" (July 2018); Silicon

Valley Competitiveness and Innovation Project (2016 Update); Small Business: "The Secrets of Successful Silicon Valley Startups"; Martin Moore: "Tech giants and Civic Power",

King's College London (April 2016)

• Abundance of STEM talent and highly innovative

regions

• Proven track record of cross-border collaboration

and standardization

• Leading industrial clusters with strong SMEs and

multinationals, e.g. automotive, health care

• Ambitious government action

• Fragmented markets

• Persistent competitiveness and innovation gaps

among European member states

• Europe being outperformed in R&D investment in

key technologies; difficulty to commercialize R&D

• Lack of “own” internet giants and fewer unicorns

than in comparator economies

While Europe faces some challenges

in catching up to other regions ...

... it has clear strengths it can build on

to develop its own innovation model

Pan-European Innovation

Change Data

Dynamics

Public-

sector

leadership

Leverage

Industrial

assets

Boost

Talent

6

7

Annual Meeting of the New Champions

Dalian, China

Innovate Europe