The Business Times

Antonin Bergeaud, Andre Loesekrug-Pietri and Jean Tirole

ANTONIN BERGEAUD IS PROFESSOR OF ECONOMICS AT HEC PARIS. ANDRE LOESEKRUG-PIETRI IS CHAIRMAN AND SCIENTIFIC DIRECTOR OF THE JOINT EUROPEAN DISRUPTIVE INITIATIVE. JEAN TIROLE, THE 2014 NOBEL LAUREATE IN ECONOMICS, IS HONORARY CHAIRMAN OF THE TOULOUSE SCHOOL OF ECONOMICS.

None of the world’s 20 largest technology companies, and none of the 20 most highly valued startups, is European.

Europe does not lack capital – it lacks scale

If Europe wants to be a technological power, it must finally implement a genuine single market

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