Europe's Innovation Crisis: Regulation vs. Growth

Europes once-thriving economy, led by companies like Ineos, now faces significant challenges due to high energy costs, strict regulations, and intense competition from cheap imports. The continents dynamism has waned, affecting investment, company creation, and R&D. Many bright minds are moving abroad, and critics argue that the EUs response often involves more regulation, stifling growth and innovation. Europes innovation problem is seen as a regulation problem, with over one hundred laws and regulations in the tech sector alone. This complex environment makes it less attractive for new companies, leading many to relocate to the US. Europe may need a significant shift to regain its competitive edge.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.