1. Home
  2. Studies
  3. The Importance of the Data Economy for Europe’s Digital Strategic Autonomy
Jan Büchel / Barbara Engels in European Liberal Forum External Publication 4. July 2022 The Importance of the Data Economy for Europe’s Digital Strategic Autonomy

European companies need to have the ability to store, process, use, and share data securely and autonomously, for example by using cloud services based on agreed quality standards, values, and legislation.

to Download
External Publication
The Importance of the Data Economy for Europe’s Digital Strategic Autonomy
Jan Büchel / Barbara Engels in European Liberal Forum External Publication 4. July 2022

The Importance of the Data Economy for Europe’s Digital Strategic Autonomy

German Economic Institute (IW) German Economic Institute (IW)

European companies need to have the ability to store, process, use, and share data securely and autonomously, for example by using cloud services based on agreed quality standards, values, and legislation.

A survey conducted in autumn 2021 of 1,002 German companies from the industrial and industry-related services sectors shows that 71 per cent of companies in Germany are not data economy ready, while for 73 per cent data sharing does not play any role. The survey results show that the potential of the European data economy has not been well exploited, weakening Europe’s digital strategic autonomy.

to Download
External Publication
The Importance of the Data Economy for Europe’s Digital Strategic Autonomy
Jan Büchel / Barbara Engels in European Liberal Forum External Publication 4. July 2022

The Importance of the Data Economy for Europe’s Digital Strategic Autonomy

German Economic Institute (IW) German Economic Institute (IW)

More on the topic

Read the article
Armin Mertens / Marc Scheufen in European Journal of Law and Economics External Publication 29. May 2024

Intellectual property and fourth industrial revolution technologies: how the patent system is shaping the future in the data-driven economy

Using the classification system from the European Patent Office (EPO), we identify almost 600,000 patent applications for fourth industrial revolution technologies from 1986 to 2015.

IW

Read the article
Jan Büchel / Roschan Monsef IW-Trends No. 2 10. May 2024

Artificial Intelligence – Will Boosted Productivity Lead to Better Pay?

Artificial intelligence (AI) is already being used in a wide variety of applications both inside and outside the corporate world.

IW

More about this topic

Content element with id 8880 Content element with id 9713