Summary of Rewiring Europe

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European nations recognize the importance of building a coherent, unified digital market, but creating a “digital single market” comes with a specific set of challenges. In this detailed report, Joakim Wernberg and Jacob Dexe of the Wilfried Martens Center for European Studies offer an in-depth analysis of the rise of the modern digital economy and the significance of urban markets. They articulate “five priorities” which would help promote a strong, integrated digital market. getAbstract recommends this report to policy makers and business leaders.

In this summary, you will learn

  • How digitization has reshaped everyday life since the mid-1990s,
  • How the European Union can leverage urban digital markets to help support a unified digital economy and
  • What “five priorities” policy makers hoping to create a digital single market must address.
 

About the Authors

Joakim Wernberg is a PhD student in economic geography and innovation studies at CIRCLE, Lund University. Jacob Dexe is a researcher in public policy and information and communication technology at SICS Swedish ICT.

 

Summary

Today, the line between the so-called “real” economy and the digital economy is increasingly negligible. “General-purpose technologies” now allow content to stand separate from “physical form.” Uber’s digital platform, for example, enables individuals worldwide to engage in ride-sharing without the company itself needing to own a fleet of vehicles or employ drivers. But if Europeans are to take full advantage of recent and emerging technological innovations, they must address the regulatory issues currently standing in the way of a coherent, unified digital market...


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