Event

The International Monetary Fund (IMF) and the German Institute for Economic Research (DIW Berlin) invite you to the launch of the new IMF's Departmental Paper "How Europe Can Improve Its Innovative Capacity"

Speakers will discuss Europe’s innovation gap in fast-growing technologies such as digital, biotech, and AI, and its implications for productivity and long-term growth. They will explore what holds back transformative innovation in Europe, including the barriers that prevent firms from scaling up successful ideas and make it harder to scale down unsuccessful ventures. The discussion will consider how deeper integration of product, capital, and labor markets, alongside policies that facilitate restructuring and scaling down, can strengthen innovation ecosystems, help resources flow toward the most productive firms, and ultimately boost Europe’s competitiveness and growth.