Any ‘economic growth’ strategy which ignores the all-important strand of promoting, encouraging and developing innovation is doomed to fail. It has been more than a decade since Donald Rumsfeld, the hapless US secretary of defense, branded Europe’s most advanced economies as “old Europe”. The reaction at the time was merciless. German and French ministers decried […]
Paul Hofheinz is executive director and cofounder of the Lisbon Council, a Brussels-based think tank.