Motion!’s Post

🇪🇺 The EU stands at a crossroads. Lagging behind the US in productivity growth for decades, it’s time for change. Four major forces fuel this divide: R&D investment, intangible capital growth, market rigidity, and FDI attraction. To close the gap, a comprehensive strategy is needed: boost R&D spending, invest in intangible assets, revitalise the single market, and foster entrepreneurship. By harnessing the strengths of the single market, we can propel the EU towards a more competitive and prosperous future. Check out our new infographic for more details ➡ https://lnkd.in/dRbtMHcc This infographic is based on our policy brief "Keeping Up with the US: Why Europe’s Productivity Is Falling Behind" authored by Fredrik Erixon, Oscar Guinea and Oscar du Roy ➡

SMEs are the powerhouses of Australia's economy, contributing over $700 billion and employing nearly half the workforce. Yet, they face tighter credit and fewer options in today's uncertain financial climate. Flexible financing isn’t just helpful; it’s essential. Empowering SMEs with diverse lending pathways means innovation, resilience, and a growth engine that benefits us all. Let’s back them up, and watch the whole economy soar. #SupportSMEs #EconomicGrowth #Innovation

It’s encouraging to see the UK’s recruitment sector showing resilience in the face of challenges like late payments and cash flow pressures, as highlighted by the IMF’s recent forecast for modest UK growth. While the global economic outlook shows potential for recovery, it's clear that businesses, especially recruitment agencies, need the right support to fully seize the opportunities ahead. At Sonovate we provide flexible funding and smart back-office solutions that help agencies not just survive but thrive. As we move towards 2025, there’s never been a better time to harness international growth, and we’re ready to support recruitment firms worldwide in reaching their full potential. How are you preparing your business for the future? #Recruitment #BusinessGrowth #2025Ready #FundingSolutions #Fintech https://hubs.la/Q02VG6Nl0

The continent needs investment on a par with the Marshall Plan and a lot more innovation, says the former central banker. "The report is coming out at a difficult time for the continent. But Europe can no longer afford to procrastinate to preserve consensus. The eu has reached a point where, without action, it will have to compromise either its welfare, the environment or its freedom. To succeed, it will have to take a new stance towards co-operation: in removing obstacles, harmonising rules and laws, and co-ordinating policies. There are different constellations in which it can move forward. But what it cannot do is fail to move forward at all." I truly hope EU citizens and their governments understand it and use it! https://lnkd.in/dTikhzW7 #EU #Competitiveness #innovation #investment #startups #scaleups

Invest in 2035. ✨ The UK Government is setting the stage for transformative growth with its 10-year Industrial Strategy, Invest 2035. Aimed at creating certainty and stability, the strategy focuses on breaking down barriers in high-growth sectors, fostering investment, and ensuring tangible benefits for communities nationwide. Key highlights include: ✨ Tackling barriers like skills shortages, energy costs and regulation to encourage business growth. ✨ A commitment to collaboration between private enterprise and public good, with input from councils, CEOs, trade unions and more. ✨ Building on UK strengths in research, innovation and global trade while addressing productivity challenges. ✨ Focusing on strategic sectors with the potential to generate high-quality jobs and spur sustainable, inclusive growth. Learn more and contribute to shaping a brighter economic future for the UK. https://lnkd.in/ecH_FqPJ #Invest2035 #SkillsGap #EnergyIndustry #NetZero

Gerard Brady was on RTE today stating that there is a 2% forecast, and that there had been a 90,000 jobs growth over the last 12 months. The main concern is the strength of the global economy which will weigh on Irish growth in the coming years, and something we need to be vigilant and agile about. Generation Ireland as a skills-to-employment non profit is at the forefront of creating tech talent on the one hand, whilst championing employers to embrace the goals of diversity, equity and inclusion in the workplace. Please contact our team Ronan Connell and Ashley Behan to hear more how you can become an employer partner of ours. Ibec forecasts 2% growth but global uncertainty will weigh on Irish economy https://lnkd.in/efcCAMMa

Small and medium enterprises (SMEs) serve as the backbone of the nation's economy, driving innovation and growth. The Employment Hero's SME Sentiment Report highlights the resilience and adaptability of Singaporean SMEs in navigating economic fluctuations and market disruptions. The study explores strategies for seizing opportunities and overcoming challenges through proactive approaches, digital transformation, and government support. Download the report now to empower SMEs with actionable insights for navigating Singapore's dynamic business landscape. Learn more: https://bit.ly/3SVSPcK #EmploymentHero #SingaporeBusinessReview

Digital Cooperation Organization (DCO) Launches Digital Economy Navigator to Bridge the Digital Economy Gap in Countries Worldwide A pioneering endeavor to measure and assessthe digital economy maturity of countries worldwide, the DENexamines 50 countries to help stakeholders achieve sustainability, accessibility, and shared prosperity across borders through an evidence-based approach The Navigator aligns with the DCO’s goal of becoming the premier knowledge and data platform on countries’ digital economies, fostering global cooperation and new policy agendas, and supporting the acceleration of digital economy growth everywhere   The Digital Cooperation Organization (DCO), a global multilateral organization committed to enabling digital prosperity for all by accelerating the inclusive growth of the digital economy, has launched its inaugural Digital […] - https://lnkd.in/gAhBFcFd 𝗖𝗹𝗶𝗰𝗸 𝘁𝗼 𝗝𝗼𝗶𝗻 𝘁𝗵𝗲 𝗙𝗮𝘀𝘁𝗲𝘀𝘁 𝗚𝗿𝗼𝘄𝗶𝗻𝗴 𝗡𝗲𝘁𝘄𝗼𝗿𝗸 - https://lnkd.in/gsYmD_BZ #IndianConventions #TaleesRizvi #News #Awards #Conferences #India #HR #Marketing #Finance #StartUp #Business #B2B #B2C #C2C #D2C #leadership #Management #HumanResources #Healthcare

The Firm-Level Origins of Europe’s Productivity Problem Europe faces a critical productivity challenge with deep-rooted issues at the firm level. Here are the key takeaways from a recent IMF analysist: ➡️ Lagging Innovation in Leading Firms - European firms have been trailing U.S. counterparts in productivity growth, especially in the tech sector. - While U.S. tech giants have ramped up R&D investments (up to 12% of sales), Europe’s top firms have stagnated at just 3-4%. ➡️ Weaker and Smaller Startups - Although startup creation rates are similar, European startups have a much smaller economic footprint. - U.S. high-growth startups employ six times more people than their European peers, showcasing a clear innovation gap. ➡️ Overabundance of Small, Low-Growth Firms - Europe has too many small, mature firms with minimal growth. This results in a lack of renewal and scaling. - While U.S. mature firms are eight times larger than younger ones, European firms are only twice as large. ➡️ Interconnected Issues Holding Back Growth. - Fewer disruptive startups mean less competition, leading large firms to underinvest in innovation. - Meanwhile, Europe’s startups are often drawn to less dynamic sectors where growth isn’t as dependent on size. Conclusion: To close this gap, Europe must foster a more dynamic business ecosystem that drives innovation in both leading firms and startups. Key reforms in R&D, funding, and labor policies will be critical to boosting productivity and global competitiveness. #Productivity #Innovation #Tech #Startups #R&D #Reforms #Competitiveness #Draghi #EuropeanEconomy #EU #FirmSize #BusinessRenewal https://lnkd.in/dG4YfxQB

"According to the IMF, Europe's limited effective market size and low level of equity financing (the process of raising capital through the sale of shares) are the key drivers holding back the continent's large leading firms from scaling up and innovating. Even though the EU and US economy both represents about 15% of the global economy when measured at purchasing-power parity, the EU's market is more segmented internally. "The intensity of trade across EU countries is less than half of the level of trade across US states", underlines the report.  European firms turn to equity financing far less than their US competitors. However, this is seen as a critical means of financing more risky and intangible investments - which are particularly important in the tech sector - that cannot be pledged as collateral. Meanwhile, Europe's venture capital industry (financing provided by firms or funds to startups, at an early stage), the ultimate funding source for emerging companies in technology, is only one-quarter of its size in the US. In the EU, debt financing is more widespread, even though it exposes firms to bank-related financial stress. This trend contributes to lower and more volatile research and development (R&D) investments in the continent, according to the IMF. Low R&D investments are particularly detrimental to how much Europe's firms could adopt digital technologies, which need massive upfront spending on development. Compared to the US, European firms have spent 3-4% of their sales on R&D in recent decades, one-third of what their US counterparts have allocated. US tech firms also enjoyed higher sales growth, pushing further the absolute R&D spending gap between the two regions." #Business #Competitiveness #Economy #Finance #Investments #Europe #EuropeanUnion