It’s Time to Disrupt Europe, Digital First

Written by Kumardev Chatterjee, Founder & President of European Young Innovators Forum

Kumardev Chatterjee, Founder & President of European Young Innovators Forum

Kumardev Chatterjee, Founder & President of European Young Innovators Forum

Over the last 30 years, the European Union has failed in innovation capacity and the main reason is its mindset: in on the one hand, societally, europeans have grown increasingly risk-averse in the last 30 years while on the other, structurally, it has also been slow to encourage and reward risk-taking.

Today, the failure to innovate better and faster particularly in the digital space, is the EU’s principal undoing and the central threat to Europe’s digital future.

Change is not luxury but mandatory. The alternative is significant loss leading to oblivion. It is time to disrupt Europe. Digitally first, starting with Digital Innovation and Entrepreneurship.

How should we do it? The first step is to encourage young people to overcome their traditional risk-aversion and move out of their comfort zone, so they embrace the opportunities and challenges of innovation and entrepreneurship, including failure. In parallel, European governments, businesses, societies and individuals need to support and reward risk-taking by sustaining an ecosystem for entrepreneurs that helps young people acquire the right mentors and access to finance, customers and markets for their ideas and businesses. The European Parliament, and Commission in particular, need to create and adopt an unified regulatory framework that supports the creation of new start-ups from early-stage to growth with specific policy instruments.

The European Young Innovators Forum vision is a Europe that supports startups, particularly the digital ones, and entrepreneurs. Europe for Startups 2020 overarching goals should aim to create and sustain a vibrant digital start-up economy in Europe that generates 10.000 new startups a year and 250.000 jobs, with 2.5% of the job market covered by them and 9.5% of total European GDP from their economic activity (including exits).

Europe needs re-configurations of its non-functional systems and ways of doing business and to generate disruptive change. It needs to create an attitude for Digital First in its innovation and business narrative, as well as an attitude for risk taking. An environment, basically, where failure is embraced and success celebrated.

A Europe that puts digital first will be a Europe that changes the game when it comes to innovation and leadership, boosting prosperity, to be a Europe that works for its citizens and one that they can believe in. This is the Europe the European Young Innovators Forum are striving to build.

Let’s join forces, let’s Disrupt Europe.

Advertising

Advertising

Advertising

Advertising

Advertising

Advertising

Advertising

Advertising

Advertising

Advertising

Advertising

Advertising

Advertising

Advertising

Advertising

Advertising

Featured Stings

Where is heading Putin’s Russia?

Let your fingers do the walking

While EU Open Days 2013 discuss the 2020 strategy, Microsoft shares a glimpse of EU 2060

Post-Brexit muddled times: the resignation of UK’s top ambassador and Theresa May’s vague plans

GradList Launched At TheNextWeb 2014

COP21 Breaking News_03 December: Argentina Accepts KP Amendment

Europe turns out more jobs this summer

China’s 13th Five Year Plan and the opportunities for Europe

LEAGUE OF YOUNG VOTERS LAUNCHES TOOL FOR YOUNG PEOPLE TO COMPARE POLITICAL PARTIES AHEAD OF EU ELECTIONS

European Youth Capital 2018 : Cascais

EU Council: Private web data to be protected by…abusers

Unemployment and stagnation can tear Eurozone apart if austere policies persist

World Summit Awards 2016: Sustainable impact through digital innovation

European Youth Forum demands immediate action & binding agreement on climate change

EU Council agrees to reform the system for motor vehicles but with “restricted” power for the Commission

Gloomy new statistics signify no end to Eurozone’s economic misery

Greece bailout programme: Full agreement after marathon negotiations on debt relief between IMF and Eurozone

SCADA Security Conference 2017 in Prague, Czech Republic

Huawei answers allegations about its selling prices

Is the advent of nationalism to destroy economic neo-liberalism?

Greece: Tsipras’ referendum victory does not solve the financial stalemate of the country and its banks

An expert in the South China Sea issue on an exclusive interview at the European Sting

Brexit Update: EU endorses unprecedented compromise to help Cameron out of the referendum mess he got himself into

Google strongly rejects EU antitrust charges and now gets ready for the worst to come

European Union: More taxes out of less income

ECB’s trillion has to be printed and distributed fast before Armageddon comes

Eurozone: Statistics don’t tell the whole story

Why capital markets have no more reservetions about Eurozone

MWC 2016 LIVE: Orange targets VoLTE and Voice over Wi-Fi; strikes Google partnership

“We are in Europe, but not of it”, from Churchill to Cameron: British Exceptionalism now threatens the entire EU Edifice

Draghi’s top new year resolution: Quantitative Easing

G20 LIVE: “ISIL is the face of evil; our goal is to degrade and ultimately destroy this barbaric terrorist organisation”, US President Barack Obama cries out from Antalya Turkey

How wealthy people transmit this advantage to their children and grand children

Entrepreneurial leadership: what does it take to become a leader?

Trump asked Merkel to pay NATO arrears and cut down exports ignoring the EU

Tackling Youth Unemployment

Impacting society with digital ingenuity – World Summit Award proclaiming the top 8 worldwide

Brexiteer May gets lip-service from Trump and Turkish promises from Erdogan

MWC 2016 LIVE: Ingenu steps up efforts to build LPWA networks across the globe

Economic recovery won’t tackle youth unemployment problem

On Grexit: Incompetence just launched the historic Ultimatum that could open “pandora’s box”

EU takes again positive action on migration crisis while Turkey asks for dear favors in exchange for cooperation

EU Trust Fund for Africa: Can it be beneficial for Italy and tackle the migration crisis in the Mediterranean?

Refugee crisis update: EU fails to relocate immigrants from Greece and Italy

May a parody constitute a copyright infringement? European Court of Justice to give the answer

Germany loves a strong euro; the new Fiscal Councils can deliver despite the Greek chaos and a wider questioning of austerity

The EU checks the multinationals for tax fraud but Britain may sail out of the EU via Panama

The ECB tells Berlin that a Germanic Eurozone is unacceptable and doesn’t work

Alexis Tsipras ready to test Eurozone’s political sturdiness; Up to what point?

EU’s tougher privacy rules: WhatsApp and Facebook set to be soon aligned with telcos

Last-chance Commission: Why Juncker promised investments of €300 billion?

MWC 2016 LIVE: Under Armour learns from “robust community of data”

Alexandre in Czech Republic

“Two Pack” approved: Is democracy chased away from Brussels?

MWC 2016 LIVE: BT chief aims to be at UK 5G forefront

EU seeks foreign support on 5G from Mobile World Congress 2015 as the “digital gold rush” begins

Latest leaked TTIP document confirms EU sovereignty may be under threat

VW diesel scandal and climate change: can increased independent car checks lead to cleaner mobility?

South Eurozone countries threatened by rising borrowing cost and expensive euro

Has the EU economy truly revived from the financial crisis?

More Stings?

Speak your Mind Here

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

w

Connecting to %s