The financial crisis has highlighted deficiencies in knowledge-based skills in Europe and unless they’re tackled now, the region could get left behind. That was one of the key messages from an event held recently at INSEAD’s Europe campus in France.
The crisis has masked these deficiencies due to the drop in demand, says Bruno Lanvin, Executive Director of INSEAD’s eLab. This, however, makes the issue more urgent “because if we don’t do it now in terms of the crisis, when the recovery starts, the lag of Europe may be significant.”
Lanvin and his team, which includes senior research fellow Nils Fonstad, have been working on a European Commission-funded project, aimed at developing a set of guidelines for building knowledge-based skills, increasing the number of tech- and business-savvy practitioners and managers, and consequently strengthen Europe’s capacity to innovate.
To read the full, original article click on this link: Economics; Europe, skills
Author: Insead Knowledge
