The contribution and challenges of ethnic minority businesses in Europe Minority businesses in Europe, of which there at least 800,000, contribute at least €570 billion to the economy and employ at least 2.7 million people, according to OPEN’s pioneering new report with MSDUK. Key findings include: the first-ever list of the top 50 minority businesses in Europe; studies of the contribution of dynamic minority entrepreneurs in the tech, healthcare and …
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Why an increasingly diverse Europe needs EQUality In Procurement for ethnic minority entrepreneurs The world’s first Covid vaccine was developed by BioNTech, a German biotechnology company founded and led by scientists of Turkish origin. CEO Uğur Şahin was born in Turkey and moved to Germany as a child to live with his father, who was a “guest worker” in a car factory in Cologne. His co-founder – and wife – …
Continue readingMinority Businesses Matter
Businesses led by ethnic-minority entrepreneurs contribute at least £74 billion a year to the UK, according to a new OPEN report by Philippe Legrain and Martyn Fitzgerald published today.
Continue readingEver Cleverer Union
OPEN’s new report explains how AI could help EU institutions become more capable, competent, cost-effective and closer to citizens Europe’s productivity performance is woefully inadequate. But the development and deployment across the economy of artificial intelligence (AI) tools could provide a big boost, benefiting citizens, businesses and public administrations – not least the EU institutions, the focus of this report. Ever Cleverer Union: How AI could help EU institutions become …
Continue readingStep Up: How to get refugees into work quickly
OPEN’s new report, published with the Tent Foundation, sets out how best to get refugees and asylum seekers into work quickly, with a focus on entry-level jobs. Governments, non-governmental organisations (NGOs) and businesses provide many different schemes to help refugees get jobs, often without knowing how effective they are. However, there is plenty that they can learn from what works well elsewhere. From research, analysis and evidence from 22 advanced …
Continue readingOpen Up: How to fix the flaws in the EU’s Digital Single Market
The EU has launched a blizzard of digital initiatives recently – including a wide-ranging Digital Single Market (DSM) strategy, new data-privacy rules and several antitrust cases against US tech giants – with the latest announcement due on 11 January. But what if these EU initiatives don’t add up – or would actually make matters worse? In a ground-breaking new study for OPEN, Open Up: How to fix the flaws in the EU’s Digital …
Continue readingRefugees Work: A humanitarian investment that yields economic dividends
Investing one euro – or dollar – in welcoming refugees can yield nearly two in economic benefits within five years. That is a key finding of OPEN’s new report – to our knowledge, the first comprehensive, international study of how refugees can contribute to advanced economies – which is co-published with Tent, a foundation whose mission is to help forcibly displaced people. Amid the worst refugee crisis since the Second World War, developed countries …
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