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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.

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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

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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.

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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

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

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The framework companies really need for data sharing
Vera Demary IW-Policy Paper No. 2 16. May 2022

The Data Act: The framework companies really need for data sharing

On February 23, 2022, the European Commission presented a proposal for the Data Act. This regulation is intended to regulate access to and use of data in the European Union in the future.

IW

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Henry Goecke / Christian Rusche IW-Trends No. 3 7. September 2021

A Coronavirus Shock for the Retail Sector in German City Centres

The Corona pandemic and the measures taken to contain the virus have delivered an asymmetrical shock to German business. This asymmetry is exemplified by the effects on the retail trade, an import ant part of the nation’s economy.

IW

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