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Small and medium sized companies are the engine of Europe's economy, accounting for 80% of European jobs created in the last five years. In Business Planet, we talk to those entrepreneurs who have succeeded and find out how they did it.

    Digital entrepreneurship

  • Riga at the heart of Europe's digital revolution
    20/02 11:13 CET

    Riga at the heart of Europe's digital revolution

    Start-ups in digital are a stunning success story in Europe's otherwise stagnating economy. As the experiences of many in Latvia show, there is nothing to stop SMEs going global.

  • - The digital economy is growing at seven times the rate of the rest of the economy, while the borderless nature of web enterprises helps them to conquer foreign markets.
  • - The impact of web start-ups on economic growth and job creation will further increase as the functionalities of Internet expand.
  • - Web businesses are one of the primary creators of innovation and new jobs.

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  • - The digital economy is growing at seven times the rate of the rest of the economy, while the borderless nature of web enterprises helps them to conquer foreign markets.
  • - The impact of web start-ups on economic growth and job creation will further increase as the functionalities of Internet expand.
  • - Web businesses are one of the primary creators of innovation and new jobs.

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  • - Social innovation designates new solutions (products, services, models) that meet social needs or societal challenges more effectively than alternatives.
  • - Systemic change is sought in the long term with progressive shifts in the way our economies and societies operate and interact.
  • - There is no strict definition, since the field is expanding and touches upon various sectors (e.g. education, healthcare, inclusion, urban regeneration, transport or energy).
  • - It is about taking advantage of challenges to create new jobs or new types of jobs. It offers growth potential and positive externalities for societies and public budgets.
  • - This means to prove that social innovation is worth investing and to encourage more entrepreneurs, businesses, intermediaries, financial institutions to enter the field.

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  • - Two regions, Tuscany and Wallonia, were selected to set up European Creative Districts.
  • - The European Creative Districts aim to demonstrate the role that innovation in services and creative and cultural industries (CCI) can play in transforming a traditional industrial region by adding value to its economy through design, creativity and the contribution of cross-sectoral collaboration, in order to strengthen its position in global value chains.
  • - The Wallonia European Creative District is complementary to the Creative Wallonia programme set up by the Walloon government to stimulate the creative industries as a driver of the regional economy.
  • - The Wallonia European Creative District is testing and implementing actions aiming at supporting the CCIs and their spill-overs into the wider economy. The foreseen impacts are, on the one hand, the large-scale transformation of the regional economy into a modern, creative economy and, on the other hand, to bring creativity into companies' business development strategies.

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Previous editions

  1. The gentle art of branding
  2. Upgrade to the circular economy
  3. European SMEs' expertise fuelling growth in Malaysia
  4. How to get financing for a start up with no credit history
  5. Entrepreneurs find a helping hand through Erasmus
  6. Mum's the word: 'Mompreneurs' find the right balance
  7. Making the most of the net effect
  8. The business benefits of EU chemical regulation
  9. Help at hand: making the most of EU financial support tools
  10. Power to the people with renewable energy cooperation
  11. Spain's Lerida cluster entrepreneurs boost international sales
  12. How to get EU funds to grow your SME
  13. Italian Dolomites: not just for profit
  14. Educating entrepreneurs: university support for budding business leaders
  15. Sweet success in Dublin, the experience of being an entrepreneur
  16. Micro-management: why small businesses are flourishing in Latvia
  17. Kick start Korea
  18. Turning Japanese: European SMEs' eastern 'Gateway' to new markets
  19. The angels on entrepreneurs' shoulders
  20. Turning a troubled textile hub into a thriving business cluster
  21. Business Planet: Boom in Bilbao as entrepreneurs schooled
  22. Lean and green: Ecostars inspires competitiveness and fuel efficiency
  23. Boosting exports through networking
  24. Two's Company in Belgium
  25. Meet the EU's female ambassadors for business
  26. Micro-credit brings organic growth in Ireland
  27. EU grants for eco-innovation
  28. Wired to the world
  29. Venture capital, a risky business?
  30. Go green, get growing
  31. Cooperative and competitive
  32. Incubating Spanish business
  33. Boosting Women Entrepreneurs
  34. Meeting targets
  35. Business parties in Swedish countryside
  36. Greek business clusters together to find strength in numbers
  37. Women entrepreneurs could be answer to crisis
  38. Taking business into Welsh schools
  39. Inheriting a business: how to make it a success
  40. New 'business hotel' scheme revives French region
  41. Setting up business in Latvia
  42. Business Planet battles bankruptcies
  43. Protecting the environment can be profitable
  44. Helping minorities into the EU job market
  45. Financing for the future
  46. Green light for green clusters
  47. Rising to new challenges
  48. Promoting female entrepreneurs
  49. Eco-labels: a smart strategy
  50. Moving on smoothly as companies change hands
  51. Angel dust magic for SMEs
  52. The Great Call of China
  53. How to protect your IPR in China
  54. Giving and receiving: social enterprise in Europe
  55. Erasmus: a win-win deal
  56. Recycling tyres: road to success
  57. How JEREMIE helped a Maltese company take wing
  58. 1,2,3, GO! Coaching and business development for innovative start-ups
  59. New energy and new directions in Bulgaria
  60. Business networks provide strength through unity
  61. Greece: cooperatives wage war on recession and unemployment
  62. Clusters: powerful engines of economic development in Europe
  63. Finding the right leader
  64. KETS: transforming innovation into competitive product
  65. Get bigger, go public: SMEs launching on the stock exchange
  66. Cashing in on culture - how businesses make money from Europe's history