The European Union suffers from an innovation deficit, which must be remedied if the EU is to improve the quality of life of its citizens and remain competitive in the global marketplace. In order to do so, more productive entrepreneurship is required. This article analyses how Europe's institutional framework conditions could become more supportive of entrepreneurship and innovation, and outlines a reform strategy to achieve this objective.
Prosperity through Trade and Structural Reform – Festschrift in Honour of Per Magnus Wijkman
A Reform Strategy for a More Innovative and Entrepreneurial Europe