On the 9th of July EIF invited its members and friends to talk about the economic impact of the internet. Lambert van Nistelrooij, MEP and EIF Governor, chaired this event and opened the floor for three prominent speakers.
David Dean, Senior Partner and Managing Director at The Boston Consulting Group (BCG) started the evening with a detailed overview of the world’s digital economy and its growth opportunities for Europe. He forecast an internet economy of one trillion euros in the EU28 countries by 2016. To reach this goal Mr Dean identified 5 areas for action:
1. Ensure investments in fixed and mobile broadband networks as well as the supporting digital infrastructure
2. Encourage data-rich business models
3. Establish programs for digital literacy in all parts of the educational system
4. Encourage entrepreneurialism – and digital transformation of existing businesses
5. Get citizens online
Listen to David Dean’s speech:
Katrine Ellersgaard Nielsen, co-author of the Copenhagen Economics report ‘The impact of online intermediaries on the EU economy’, took the floor next and presented key findings of the study. The report showed that online intermediaries have been at the center of the Internet’s success as a key driver of economic growth, innovation, creativity, and expression by providing activities such as search, e-commerce, social networks and cloud computing. The updated study showed that the total intermediary contribution to the EU economy increases by more than 10% a year. Therefore, online intermediaries now represent a larger share of the European economy than in the past. However for this sector to continue to see such growth in the EU, a Digital Single Market is a key. Therefore, Ms Ellersgaard Nielsen stressed the need to remove barriers to the creation of a Digital Single Market in Europe.
Click here to listen to Katrine Ellersgaard Nielsen’s speech:
Copenhagen Economics report 'Online Intermediaries' 2012 (pdf download)
James Waterworth, Vice President of CCIA Europe, presented case studies of B2B and B2C businesses successfully using internet as a platform to reach out to customers locally and worldwide. Among others he spoke about Trade Shift, an online platform offering companies a digital way of managing their finances. He also presented examples of companies using online platforms for marketing and sales: Blue Water Sports and Nasze-Antyki; and recruiting services: Work4Labs. In his closing remarks he encouraged support for the micro multinational trading system to reshape the global trading system “for a small guy and not just for a big guy”.
Listen to James Waterworth’s speech:
See event
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Matthew Mayo, VP MasterCard on Innovation, mobile commerce and retail
Peteris Zilgalvis, DG CONNECT, on Innovation, mobile commerce and retail
Margriet Keijzer, Dutch Retail Association on Innovation, mobile commerce and retail
Lambert van Nistelrooij, MEP, on Innovation, mobile commerce and retail
Pilar del Castillo MEP opens EIF debate on Open Service Platforms
Pearse O'Donohue DG CONNECT on Open Service Platforms
Ulrich Ahle FIWARE Foundation on Open Service Platforms
Miguel Arias CARTO.COM on Open Service Platforms
Kaja Kallas MEP opens EIF debate on taxation in the EU
Lars Andersen on taxation in the EU
Egon Veermäe, Estonian Tax and Customs Board, on taxation in the EU
Lambert van Nistelrooij MEP opens EIF debate on Scalability of Startups
Alberto Onetti, Mind the Bridge, on European Startups Scene
Lenard Koschwitz, Allied for Startups, on Scalability of Startups
Gianpiero Lotito, FacilityLive, on how to Scaleup in Scaleup
Online Platforms in the EU: what should policy makers know?
Michal Boni MEP: Why Online Platforms are important for the EU?
Brian Williamson, Communications Chambers, on Online Platforms
Alfonso Lamadrid de Pablo, GARRIGUES, on Online Platforms
Thibault Larger, Oxera, on Digital Service Platforms
Gerard de Graaf, DG CONNECT, on Online Platforms
Stefan Krawczyk eBay on shared economy & competition
Vicky Ford MEP opens EIF debate on the shared economy & competition
Eliana Garces-Tolon DG GROW on shared economy & competition
Prof. Alexandre de Streel on shared economy & competition
Fabienne Weibel Bla Bla Car on shared economy & competition
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Guillermo Beltrà BEUC on shared economy and competition
Serafino Abate GSMA on shared economy & competition
Neena Gill MEP on startups and digital entrepreneurship in Europe
Isidro Laso Ballesteros DG Connect on startups and digital entrepreneurship in Europe
Julian David TechUK on the business environment for startups in Europe
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Jorin Aardoom Syneratio on running a startup in Europe
Adina Ioana Valean MEP on competition, openness and neutrality along the digital value chain
Martin Bailey, DG CNECT, on competition, openness and neutrality along the digital value chain
Chris Sherwood, Allegro, on competition, openness & neutrality along the digital value chain
Christoph Steck, Telefonica, on competition, openness & neutrality along the digital value chain
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Vicky Ford MEP on the DSM: Barriers to e-Commerce
Jörgen Bödmar EMOTA on the DSM: Barriers to e-Commerce
Oliver Prothmann, Choice in eCommerce, on the DSM: Barriers to e-Commerce
Clare Josa on the DSM: Barriers to e-Commerce
Paul Alfing on the DSM: Barriers to e-Commerce
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Christian Verschueren (EuroCommerce) on the Digital Single Market
Claire Bury (DG MARKT) on the Digital Single Market
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Marta Ienco (GSMA) on Online Payments
Lorenzo Gaston (Gemalto) on Online Payments
Philippe Pellé (DG MARKT) on Online Payments
James Waterworth (CCIA) on the Economic Impact of the Internet
Katrine Ellersgaard Nielsen on the Economic Impact of the Internet
David Dean (BCG) on the Economic Impact of the Internet
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