Published on 3 March 2025
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Can Europe ever catch up to the US in technology?

Richard Westcott talks to Diane Coyle, Jacques Crémer, and Paul Seabright about Europe’s position in competing with the US in technology.

Richard Westcott talks to Diane Coyle, Jacques Crémer, and Paul Seabright about Europe’s position in competing with the US in technology. They explore the factors shaping Europe’s place in the global tech race—how data, policy, investment, competition and culture influence its potential to compete with the US.

Our experts unpack the challenges and opportunities for Europe’s tech ecosystem. They consider whether Europe should aim to catch up with the US or focus on carving out its own path, questioning what success in innovation really looks like. Along the way, they discuss the role of data, risk-taking, the challenges of scaling up new ideas, and the structural and policy changes needed to support innovation in Europe.

This episode is hosted by Richard Westcott (Cambridge University Health Partners and the Cambridge Biomedical Campus), and features experts Diane Coyle (Bennett Institute for Public Policy, University of Cambridge), Jacques Crémer (IAST), Paul Seabright (IAST)

Season 4 Episode 6 transcript

Listen to this episode on your preferred podcast platform

For more information about the Crossing Channels podcast series and the work of the Bennett Institute and IAST visit our websites at https://www.bennettinstitute.cam.ac.uk/ and https://www.iast.fr/.

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With thanks to:

  • Audio production by Steve Hankey
  • Associate production by Burcu Sevde Selvi
  • Visuals by Tiffany Naylor and Aurore Carbonnel

More information about our host and guests:

Host:
Richard Westcott is an award-winning journalist who spent 27 years at the BBC as a correspondent/producer/presenter covering global stories for the flagship Six and Ten o’clock TV news as well as the Today programme. Last year, Richard left the corporation and he is now the communications director for Cambridge University Health Partners and the Cambridge Biomedical Campus, both organisations that are working to support life sciences and healthcare across the city. @BBCwestcott

Guests:
Diane Coyle is the Bennett Professor of Public Policy at the University of Cambridge. Diane co-directs the Bennett Institute where she heads research under the themes of progress and productivity. Diane’s new book (April 2025) ‘The Measure of Progress: Counting what really matters’ explores how outdated economic metrics are distorting our understanding of today’s digital economy. Diane is also a member of the UK Government’s Industrial Strategy Council, New Towns Taskforce, and advises the Competition and Markets Authority. She has served previously in a number of public service roles including as Vice Chair of the BBC Trust, member of the Competition Commission, and of the Natural Capital Committee. Diane was awarded a DBE in 2023 for her contribution to economics and public policy. @DianeCoyle1859

Jacques Crémer is Professor at the Toulouse School of Economics. He is a Fellow of the Econometric Society and of the European Economic Association. He has been the first director of the Digital Center since 2015.  In 2018-2019, as a Special Adviser to European Commissioner Margrethe Vestager, he co-authored the report “Competition Policy for the Digital Era”. Jacques has done fundamental work on planning theory, auctions, incentive theory, organization economics, and the digital economy. His current research interests are the economics of organization, the economics of the internet and of the software industries, as well as contract theory. 

Paul Seabright is a professor of economics at the Toulouse School of Economics. He was Director from 2012 to 2021 of the Institute for Advanced Study in Toulouse. Paul did his undergraduate and doctoral studies at the University of Oxford, where he was a Fellow of All Souls College. Paul’s current research lies in three areas of microeconomics: industrial organisation and competition policy; the economics of networks and the digital society; and behavioural economics. His new book The Divine Economy: How Religions Compete for Wealth, Power and People, was published by Princeton University Press in May 2024.


The views and opinions expressed in this post are those of the author(s) and not necessarily those of the Bennett Institute for Public Policy.

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