In a new discussion paper, President and Co-founder Paul Hofheinz and Deputy Director and Senior Fellow Luukas K. Ilves take a look at the coming challenge – and strategic advantage – for a renewed European digital agenda under the incoming European Commission. The discussion paper looks at three key tests Europe faces: 1) An incomplete single market; 2) an incomplete digital society, and 3) the absence of global digital champions coming from within Europe and proposes an Eight-Point Action Plan for the European institutions and the incoming European Commission. Among the key recommendations are “complete the single market,” upgrade the digital AND the single-market dossiers in a commission restructuring, use co-creation and “design thinking” in policymaking and commit to an “Every European Digital” programme to end Europe’s digital divide.
Innovation Policy
The Philippine Institute for Development Studies (PIDS) has released its annual report for 2018 detailing its accomplishments in research, policy recommendation, and collaboration in the following fields: Agriculture, natural resources, and environmental management; human development, labor markets, and poverty; institutions, law, and economics; macroeconomics, finance, and growth; public economics and governance; regional, urban, and rural development; science, technology, and innovation; and trade and industry and international economy.
The entry of the internet, personal computer, and the mobile phone into everyday life has already changed how people live and work, and how companies do their business. Indeed, the availability of Information and Communications Technologies (ICTs) is also changing how governments serve their people. Undeniably, governments around the world recognize the importance of “e-government”.
Chapter 1 provides an overview of the current state of data-driven innovation (DDI) across Europe. DDI forms a key pillar in the 21st century sources of growth. According to the OECD, in 2017, the global data traffic per month reached 120 exabytes (billion gigabytes), about 70 times the traffic existing in 2005.
The increasing use and dependence of technology by organizations, the cloud, the Internet of Things, Big Data, high connectivity, Artificial Intelligence and the premise that "it is not a matter of whether events will happen, but when" , demand from organizations the permanent need for preparation, learning and reinvention, where being resilient and innovating, is the true hallmark that must be developed in order to survive.
The digital revolution is only getting started. Digital disruption, which thus far has transformed a few sectors, is working its way into every sector of the economy. New technologies and exponential growth in the volume of data being produced by people and machines lend themselves to new business models and new kinds of products, while making everything from schools to hospitals more effective. Used correctly, this data explosion promises to make us healthier, richer, sometimes even more compassionate, and to solve intractable societal challenges like climate change.
The G20 is a forum of the 20 most politically and economically powerful countries of the world. Think20 (T20), the network of leading research institutes and think tanks from the G20 countries provides research-based policy advice to the G20, facilitates interaction among its members and the policy community, and communicates issues of global importance. This year, as part of T20, IPAG was a member of Task Force 10: Aging Population and its Economic Impact + Immigration. As one of the lead members, IPAG submitted a Policy Brief on “Role of innovative policies in incentivizing Women’s Labor Force participation – A response to trends in aging population” which has been published in the T20 2019 website.
The report examines the current and potential impact of digital trade at home and quantifies the economic value of technological gains enabled by digital trade. It also recommends perceived concerns related to digital trade and how they can be addressed.
Access to reliable energy, particularly electricity, has consistently been identified as one the most significant constraints to doing business in Ghana.
Clean energy can support state and local economic development. Leaders can follow five tracks to leverage clean energy to accelerate economic growth.