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The Next Disruptive Social Network Infrastructure To Emerge from Europe
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The Next Disruptive Social Network Infrastructure To Emerge from Europe

Making social network infrastructure more democratic and independent from big tech companies has turned out to be possible.

Science & Tech

The European Commission has published the EIS 2020 (European Innovation Scoreboard), explicating that innovation enforcement in Europe is continuing to improve.

On average, the innovation performance of the European Union (EU) has increased by 8.9% since 2012, which shows that Europe has outdone the United States for the second year in a row in this area. Also, according to the EIS 2020, the EU maintains a performance edge over the BRICS states (Brazil, Russia, India, China, South Africa).

About two-thirds of Europe’s economic growth over the last decades has been driven by innovation and the growth has advanced in several dimensions.

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Performance has elevated the most in the innovation-friendly environment (prominently in broadband penetration), followed by firm investments (mostly non-R&D innovation expenditure), and finance and support (notably in venture capital expenditures).