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How to Facilitate Digital Innovation in Europe

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  • Daniel Nepelski

    (Institute for Prospective Technological Studies)

Abstract

Digital technologies have the potential to modernise the economy. But digital innovations are disruptive. Therefore, policies need to be comprehensive and go beyond the support of the ICT sector as well as address a variety of issues: increasing returns to the use of data, heterogeneity of the digital innovation actors and ecosystem, digital skills in the non-ICT sectors, entrepreneurial culture, funding for scaling-up of new entrants, technological interoperability and intellectual property protection. At the same time, they need to counterbalance the costs of digitally driven disruptions. This paper highlights the main peculiarities of digital innovation and its implications for policies aiming at reaping the benefits of digital technologies.

Suggested Citation

  • Daniel Nepelski, 2019. "How to Facilitate Digital Innovation in Europe," Intereconomics: Review of European Economic Policy, Springer;ZBW - Leibniz Information Centre for Economics;Centre for European Policy Studies (CEPS), vol. 54(1), pages 47-52, January.
  • Handle: RePEc:spr:intere:v:54:y:2019:i:1:d:10.1007_s10272-019-0791-6
    DOI: 10.1007/s10272-019-0791-6
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    Cited by:

    1. Daniel Nepelski & Maciej Sobolewski, 2020. "Estimating investments in General Purpose Technologies. The case of AI Investments in Europe," JRC Research Reports JRC118953, Joint Research Centre.
    2. Chiara Eleonora De Marco & Alberto Di Minin & Cristina Marullo & Daniel Nepelski, 2019. "Digital platform innovation in European SMEs. An analysis of SME Instrument Business Proposals and Case Studies," JRC Research Reports JRC115240, Joint Research Centre.

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