The nature of global competition is changing
European industry risks falling behind global competition. The European share of the largest companies by market capitalisation is falling and is now much lower than the US share. The European share of ‘unicorn’ start-ups is far behind the US and China.
The global corporate landscape is changing rapidly and European firms risk losing out to their American and emerging competitors. Europe must become a successful incubator for start-ups. This requires an innovation-friendly regulatory environment.
Source: CB Insights; Forbes