European Union report Digital Minds asks for risky changes

If you ask European leaders, industry leaders and researchers about Europe´s digital future you expect the usual pet subjects and promotion of their own companies. Surprisingly though the new EU report Digital Minds for a New Europe offers a very coherent story and it is very much worth reading. Leading theme is that Europe is at risk of lagging behind. Countries such as China and the USA are well ahead of Europe and this could result in a loss of income for Europe.
The solution offered in the report is a much fuller entrepreneurial focus even though that may be risky.  Banks and investors should be aware of those risks. EU and local governmental programmes should focus on improving practical knowledge. The Netherlands comes out quite well. The success in the northern part of the country where games and publishing software is developed and the millions that a Dutch entrepreneur received for his web2print company are good signs. There is still a lot to learn, especially that failure of a project or a company is an integral part of the new digital economy and brings a wealth of experience for the next one. Download the rapport here.