DIGITAL ENTREPENEURSHIP INDEX FOR THE EUROPEAN CITIES

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1 DIGITAL ENTREPENEURSHIP INDEX FOR THE EUROPEAN CITIES

2 GDP per capita (USD PPP) Evolution of the urban landscape Why are cities important in Europe? Increasing role of cities It still matters In Europe! LEVEL OF URBANIZATION AND GDP PER CAPITA IN EUROPE IN Norway Ireland Denmark United Kingdom Slovenia Portugal Germany Spain Belgium Croatia Estonia Bosnia and Latvia Herzegovina Romania Albania 0 Moldova Armenia Urban population (% of total) Advanced Europe Developing Europe City population: 10 mill or more 5 to 10 mill 1 to 5 mill to 1 mill Why? What next? Source: BBVA Research, UN and WB

3 In the search of an index: entrepreneurship & capital What is it already available? Qualitative indexes What do we think we need? Quantitative index More focused on countries Small role of digital Lack of data driven analysis At city level Strong digital block Data driven analysis Focused on surveys Alternative sources (including Big Data) The evolution of digital technologies has transformed the business landscape. There are new key drivers to promote economic growth and development

4 BBVA Research Digital Entrepreneurship Index for European cities Components of the index Included cities in the analysis Entrepreneurial culture and attitudes Digitalization Stockholm Helsinki Tallinn Financing Skills and business environment Dublin London Cambridge Oxford Amsterdam Rotterdam Brussels Luxembourg Copenhagen Hamburg Berlin Warsaw Cologne Munich Prague Vienna Bratislava Stuttgart Riga Vilnius Life quality and infraestructures Lisbon Bilbao Madrid Paris Ljubljana Milan Zagreb Barcelona Roma Budapest Bucharest Sofia Athens Valletta Nicosia

5 Digital Entrepeneurship Index Digital Entrepreneurship Index for the European cities: Results Entrepreneurship Digital Index ranking and GDP per capita in European Cities, London 0,9 0,8 Paris 0,7 Amsterdam Helsinki 0,6 Stockholm Rotterdam Copenhagen 0,5 Berlin Dublin Brussels Cambridge 0,4 Madrid Oxford Hamburg Munich Cologne Stuttgart 0,3 Bilbao Barcelona Lisbon Vienna Milan Luxembourg 0,2 Riga Rome Prague Warsaw Vilnius Budapest 0,1 Sofia Zagreb Bucharest Bratislava 0 Valletta Athens GDP per capita (USD PPP) Source: BBVA Research and WB

6 Digital Entrepreneurship Index for the European cities: Components Digital Entrepeneurship Index 2 Paris 3 Amsterdam 4 Helsinki 5 Stockholm 6 Copenhagen 7 Rotterdam 8 Berlin 9 Dublin 10 Brussels 11 Hamburg 12 Cambridge 13 Munich 14 Oxford 15 Madrid 16 Stuttgart 17 Barcelona 18 Bilbao 19 Luxembourg 20 Cologne 21 Vienna 22 Milan 23 Prague 24 Lisbon 25 Nicosia 26 Riga 27 Budapest 28 Warsaw 29 Tallinn 30 Vilnius 31 Rome 32 Bucharest 33 Sofia 34 Ljubljana 35 Bratislava 36 Zagreb 37 Valletta 38 Athens Weights in the index Entrepeneurial culture and attitudes 2 Paris 3 Copenhagen 4 Amsterdam 5 Helsinki 6 Stockholm 7 Berlin 8 Oxford 9 Brussels 10 Dublin 11 Madrid 12 Cambridge 13 Barcelona 14 Bilbao 15 Luxembourg 16 Rotterdam 17 Munich 18 Hamburg 19 Stuttgart 20 Nicosia 21 Prague 22 Cologne 23 Milan 24 Vienna 25 Riga 26 Tallinn 27 Budapest 28 Sofia 29 Rome 30 Warsaw 31 Lisbon 32 Bucharest 33 Vilnius 34 Zagreb 35 Bratislava 36 Ljubljana 37 Athens 38 Valletta Digital 2 Helsinki 3 Amsterdam 4 Paris 5 Stockholm 6 Copenhagen 7 Rotterdam 8 Brussels 9 Oxford 10 Cambridge 11 Munich 12 Berlin 13 Dublin 14 Cologne 15 Hamburg 16 Luxembourg 17 Vienna 18 Madrid 19 Barcelona 20 Bilbao 21 Stuttgart 22 Nicosia 23 Milan 24 Riga 25 Tallinn 26 Prague 27 Bratislava 28 Ljubljana 29 Vilnius 30 Lisbon 31 Budapest 32 Zagreb 33 Warsaw 34 Valletta 35 Bucharest 36 Sofia 37 Rome 38 Athens Financing 2 Paris 3 Copenhagen 4 Berlin 5 Hamburg 6 Munich 7 Stockholm 8 Helsinki 9 Amsterdam 10 Dublin 11 Rotterdam 12 Brussels 13 Oxford 14 Cambridge 15 Madrid 16 Luxembourg 17 Barcelona 18 Cologne 19 Stuttgart 20 Bilbao 21 Vienna 22 Lisbon 23 Warsaw 24 Budapest 25 Milan 26 Prague 27 Nicosia 28 Bratislava 29 Rome 30 Valletta 31 Ljubljana 32 Vilnius 33 Tallinn 34 Athens 35 Riga 36 Bucharest 37 Zagreb 38 Sofia Skills and business environment 2 Copenhagen 3 Stockholm 4 Helsinki 5 Amsterdam 6 Paris 7 Luxembourg 8 Stuttgart 9 Cambridge 10 Berlin 11 Munich 12 Dublin 13 Rotterdam 14 Brussels 15 Hamburg 16 Madrid 17 Oxford 18 Barcelona 19 Milan 20 Bilbao 21 Cologne 22 Prague 23 Vienna 24 Nicosia 25 Warsaw 26 Bucharest 27 Tallinn 28 Budapest 29 Ljubljana 30 Vilnius 31 Lisbon 32 Rome 33 Valletta 34 Bratislava 35 Athens 36 Riga 37 Sofia 38 Zagreb Life quality 2 Amsterdam 3 Stockholm 4 Helsinki 5 Paris 6 Berlin 7 Copenhagen 8 Dublin 9 Rotterdam 10 Hamburg 11 Luxembourg 12 Cambridge 13 Stuttgart 14 Oxford 15 Munich 16 Brussels 17 Cologne 18 Vienna 19 Lisbon 20 Madrid 21 Nicosia 22 Barcelona 23 Bilbao 24 Rome 25 Warsaw 26 Prague 27 Riga 28 Milan 29 Tallinn 30 Budapest 31 Zagreb 32 Sofia 33 Bucharest 34 Vilnius 35 Bratislava 36 Ljubljana 37 Athens 38 Valletta

7 Digital Entrepeneurship Index Digital Entrepreneurship Index for the European cities: Policy making Digital Entrepreneurship Index and policy initiatives to foster entrepreneurship in the European Cities in ,9 0,8 0,7 0,6 0,5 0,4 0,3 0,2 0,1 0 Challenges Stockholm Copenhagen London Paris Helsinki Front runners Amsterdam Dublin Rotterdam Berlin Hamburg Oxford Brussels Cambridge Stuttgart Munich Madrid Luxembourg Cologne Bilbao Vienna Lisbon Prague Milan Barcelona Riga Nicosia Rome Budapest Warsaw Vilnius Tallinn Ljubljana Sofia On the Bucharest Bratislava Zagreb tail Builders Valletta Athens 0 0,1 0,2 0,3 0,4 0,5 0,6 0,7 0,8 0,9 1 Policy initiatives for technology, innovation and entrepreneurship There has been an increasing awareness by policymakers of the importance of innovation and entrepreneurship over the last years Already leading cities continue pushing forward Barcelona, Rotterdam and Brussels are doing more than others to catch up Source: BBVA Resarch, Citie project and European Digital Forum

8 DIGITAL ENTREPENEURSHIP INDEX FOR THE EUROPEAN CITIES

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