Digital Entrepreneurship: The EU vision, strategy and actions

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1 The digital economy at the heart of the economic and social transition of EU Regions Digital Entrepreneurship: The EU vision, strategy and actions EITO Task Force Meeting, 14th November 2014 Michael Berz Policy officer DG Enterprise and Industry Key enabling technologies and Digital Economy Date: in 12 pts

2 Smart use of digital matters ICT is key enabler of competitiveness, innovation and growth By 2016, the Digital Economy will reach 3.2 trillion Euros, with an 8% annual growth rate More than 75% of the value added is in traditional industries SMEs grow two-three faster when they embrace digital means ICT creates jobs: 1.5m additional jobs would be created in the EU Internet Economy, if the entire EU mirrors the performance of US or Sweden It's just the beginning: we are only at 1% of our potential connectivity Date: in 12 pts

3 Only 2% of EU enterprises take full profit of the digital opportunities Companies that stay ahead of mainstream IT adoption, and employ new technology advances (big data, cloud computing, mobile and social solutions) to improve efficiency, connect with new customers and markets, and compete with much larger players. Distribution of Digital Enterprises: 10+ employees, Total EU Source: IDC 2013

4 In every sector there is real progress, but none have yet reached the stage of full digitisation. Digital adoption by business in different industries Source: IDC 2013

5 At the same time a whole generation has nothing to lose Date: in 12 pts

6 Digital Entrepreneurship on the EU policy agenda Europe 2020 and its flagship initiatives Digital Entrepreneurship Vision: The acceleration of the digital transformation of European industry and businesses through novel digital technologies and the exploitation of new business opportunities.

7 Digital Entrepreneurship Actions Study "Doing business in the Digital Age" Key technological trends and how they change current business paradigms Comparative analysis of national strategies and private initiatives to foster digital entrepreneurship in the United Kingdom, Sweden, Berlin/Germany, Silicon Valley and Singapore; A five pillar strategy and 21 recommendations for actions cutting across different policy areas, at EU, national/regional level, including for the private sectors.

8

9 A Connected Digital Single Market By creating a connected digital single market, we can generate up to 250 billion of additional growth in Europe in the course of the mandate of the next Commission, thereby creating hundreds of thousands of new jobs, notably for younger job-seekers, and a vibrant knowledge-based society.

10 Digital Entrepreneurship Actions

11 Digital Entrepreneurship Actions The Digital Entrepreneurship Monitor

12 Digital Entrepreneurship Actions The Digital Entrepreneurship Monitor

13 Awareness Campaign to stimulate digital entrepreneurship in Europe Watify 13

14 Digital Entrepreneurship Actions

15 Digital Entrepreneurship Actions

16 Watify s online reach

17 Watify s impact

18 Digital Entrepreneurship Actions 10 things to know when selling online in the EU 10 Themes 28 Countries 1-4 pages How can I protect my business idea? What do I need to know about the aftersales process? What should I know about delivery services? How can I be compliant with VAT obligations? Deliver 9 8 What should I know about online payments? Bill 1 2 Set-up business CUSTOMER Sell Promote 6 How can I secure my website? 5 What should I do when setting up a web shop? What if I would like to promote my activities? How can I make sure your contract complies with the law and is bulletproof How do I make sure to comply with personal data protection rules?

19 Digital Entrepreneurship Actions Euromentors Association for Digital Entrepreneurs The Euromentors Association is an initiative supported and co-funded by the European Commission, Deloitte, European Young Innovators Forum (EYIF), European Business Network and Digital Europe.

20 Digital Entrepreneurship Actions Euromentors Association for Digital Entrepreneurs The Euromentors Association for Digital Entrepreneurs will be launched on 18 November at the European Parliament at 6pm. It will set up a pan-european mentoring ecosystem to help spark, support and expand new business ideas and fuel Digital Entrepreneurship in Europe. Euromentors will bring together the most renowned organizations supporting entrepreneurs in Europe and top mentors. This initiative will connect all of those who are focused in making Europe a more entrepreneurial place thanks to mentoring activities such as workshops on how to start a business, raising money for your company or which mistakes to avoid in the first steps as an entrepreneur.

21 Governance: Strategic Policy Forum on Digital Entrepreneurship Aim: To reinforce the dialogue among business, science and politics with the aim of shaping a common EU vision, and ambitious strategy. Led by: John Higgins, Director General, Digital Europe Report with policy recommendations: January 2015 Composition: 36 members Industry representatives: digital entrepreneurs, traditional industries, technology providers and relevant associations; Private organisations, NGOs, universities, research organisations, intellectual property experts, equity firms, etc. Public authorities

22 Overview of the actions Identification of cross sector & sector specific actions Roadmap to stimulate Digital Entrepreneurship in the EU Big Data platforms Digitalisation of industries & businesses Single digital market for SMEs Skills to lead the digital transformation Regulating in the digital age Digital Transformation accelerators Date: in 12 pts Page 22

23 Overview of the actions Roadmap and Action Plan to boost Digital Entrepreneurship in Europe 1 DIGITAL TRANSFORMATION ACCELERATORS WHY? To accelerate the digital transformation of European SMEs, to raise the competitiveness of digital enterprises and to create environments in which digital start-ups can flourish. Action 1 Action 2 Action 3 Action 4 Date: in 12 pts Page 23

24 Overview of the actions Roadmap and Action Plan to boost Digital Entrepreneurship in Europe 2 SKILLS TO LEAD THE DIGITAL TRANSFORMATION WHY? To enhance the ability to develop digital strategies and lead digital transformations, by developing education programmes which combine management, creative and digital competences, and developing new professional profiles, such as the Chief Digital Officer. Action 5 Action 6 Action 7 Date: in 12 pts Page 24

25 Overview of the actions Roadmap and Action Plan to boost Digital Entrepreneurship in Europe 3 REGULATING IN THE DIGITAL AGE WHY? To bring legislation closer to the digital reality and its evolution, improve the digital awareness among regulatory and policy making bodies, and ensure that the impact on digital business is carefully considered when a new legislation is put forward. Action 8 Action 9 Action 10 Date: in 12 pts Page 25

26 Further info: Thank you Date: in 12 pts

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