Digital Agenda for Europe
A Europe 2020 Initiative

About Growth and Jobs

Article
Running a business is an increasingly attractive alternative to an office job, particularly for a new generation of young entrepreneurs.
Share this

Startup Europe is a Digital Agenda initiative promoting web entrepreneurs to start their business in Europe and to let them flourish in Europe. Web entrepreneurs worldwide have an enormous impact on society. The initiative brings together a number of actions which support web-entrepreneurs and improve the framework conditions for them to start an Internet business in Europe. Web entrepreneurs can have a major impact on the creation of high-quality jobs and growth throughout Europe - the "apps economy", for example, offers entrepreneurs completely new opportunities to start up their microenterprise.

In March 2013 the Commission launched the Grand Coalition for Digital Jobs, a multi-stakeholder partnership that endeavours to facilitate collaboration among business and education providers, public and private actors to take action attracting young people into ICT education, and to retrain unemployed people. Our goal is to start to increase the supply of ICT practitioners by 2015, so as to ensure a sufficient number of them in Europe in the near future. The success of this initiave is to combine jobs with education. To this end, we adopted on 25 October 2013 the Communication on Opening Up Education, a high-level European Agenda to seize the opportunities of the digital revolution in education and training.

Innovating through the use of ICT is a way for Europe to remain competitive in the global marketplace, increase productivity, create jobs and improve the quality of life in Europe.

Turning research and ideas in the area of ICT into new, improved services and products is key to achieving this. Equally important is supporting entrepreneurs who are prepared to take ambitious risks to dream up and deliver new services and products, and nurturing the entrepreneurship ecosystem.

Innovation itself is also evolving and we are seeing new forms of innovation emerge - such as open, social and participative innovation – where ICT has a key role to play.

Since each economic sector today increasingly depends on good connectivity to be competitive, we're working on a solution liyng in harnessing digital technology and ICT, to the single market. This will make startups part of a bigger start-up ecosystem; and they can plan to go global from day 1. On Wednesday 11 September 2013, we will adopt a legislative package for a "Connected Continent: Building a Telecoms Single Market" aimed at building a connected, competitive continent and enabling sustainable digital jobs and industries.

When enabled, the digital ecosystem grows fast (faster than China’s economy) and creates jobs (794,000 in app economy in just five years, while economy was in recession); it stimulates innovation and business activity across the economy, through heightened productivity, efficiency and revenue. The missing cornerstone in this digital ecosystem is a Telecoms Single Market, which would permanently increase GDP (basis: 2010) by nearly 1% if delivered.

Open Innovation has the potential to foster entrepreneurship in Europe, as well as to create jobs and boost the sustainable economic and societal growth. Open Innovation roots itself in the development of new businesses and the involvement of stakeholders. These innovation models are based on the seamless cooperation between institutional bodies, research sphere, business sector, and the citizens.

 

Last updated on 02/03/2015