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DIGITALEUROPE: Europe can’t regulate its way to tech leadership

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Illustrative photo.Photo by Quang Nguyen Vinh on Pexels

What happened

Europe has no shortage of promising technology companies, but turning them into global players remains a persistent challenge. For Cecilia Bonefeld-Dahl, Director-General of DIGITALEUROPE , the problem is not simply a lack of capital: Europe needs faster access to funding, less regulatory complexity, more ambitious public procurement, and a greater willingness to take risks on its own scaleups.

DIGITALEUROPE represents a broad cross-section of Europe’s digital economy, with 137 corporate members and 45 national trade associations across 30 European countries. Through those associations, its membership encompasses more than 56,000 businesses, mainly SMEs, spanning AI and critical technologies, defence, health, energy, finance, mobility, and the public sector. Its corporate membership contains major global technology and industrial companies such as Microsoft, Google, Apple, Amazon, NVIDIA, OpenAI, Intel, Airbus, Siemens, SAP, Ericsson, Nokia, Helsing, IQM Quantum Computers, BMW, and Bayer.

Key facts

  • Its corporate membership — includes: major global technology and industrial companies such as Microsoft, Google, Apple, Amazon, NVIDIA, OpenAI, Intel, Airbus, Siemens, SAP, Ericsson, Nokia, Helsing, IQM Quantum Computers, BMW, and Bayer

Sources & evidence