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We need more startups in Europe, in order to establish new ideas, companies and business models. A glance at the age of the most innovative companies shows: in the USA, 22 per cent of them were founded after 1965, and only 56 per cent before 1925. In Europe, 2 per cent were founded post-1975 and 86 per cent pre-1925.
Next week, the who's who of the information and communications technology (ICT) industry around the world will arrive in Montreal, Canada, for the biannual World Congress of Information Technology (WCIT). With all the economic upheaval making business headlines, why does this specialized gathering matter?
When you meet these bright young students, the first impression is "wow, they're pretty normal teenagers." That impression doesn't last long. The minute they begin to describe their research, my mind reels as I try to keep up with each project's premise and findings. These are exception children, and they are our future.