Tagged: Competition

Is Europe’s Economy Really Sick?

You cannot pick up a business newspaper magazine these days without reading some article about Europe’s economic crisis; there seems to be an almost universal consensus that Europe is sick, that its institutional frameworks and governments are unfriendly to business, and that its prospects for getting better are dim. For example, a survey answered by some 1,300 business executives worldwide that we conducted for  INSEAD’s European Competitiveness Initiative shows that hardly anyone disagrees strongly with the proposition that innovation in Europe is hampered by a lack of culture of innovation and entrepreneurship, while about two thirds of those surveyed thought that Europe was
 
actually unfriendly to innovation. How Europe Is Perceived Chart Continue reading
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