Is Europe losing its innovative edge?

Veteran IT journalist David Tebbutt (one of the orginal editors of PCW - Personal Computer World) has written a thought provoking article for the European Business Forum (free registration required) in which he asks "Is Europe losing its innovative edge?". David's argument is that although Europeans can innovate they can't commercialize.  The article lists the top ten issues that need to be addressed if Europe is to address this problem:

1. Fear of failure
2. Fear of success
3. Risk aversion
4. The mirage of the single market
5. The VCs’ lack of experience
6. Shortage of funds
7. Expertise is scattered
8. Lack of openness
9. Official ignorance
10. Out of touch

It's worth the free registration to read the full article.

Comments

[David Tebbutt]

Decent of you to mention me. Thanks.