What's Happening?
Atomico's State of European Tech report reveals a shift towards political lobbying among European startups and investors. The report includes policy recommendations aimed at reducing friction, funding
future growth, empowering talent, and championing risk. European tech companies are increasingly engaging in lobbying efforts, similar to their U.S. counterparts, to influence policy and promote competitiveness.
Why It's Important?
The move towards lobbying reflects the growing influence of the tech industry in shaping public policy. By advocating for favorable regulations, European tech companies aim to enhance their competitiveness and drive innovation. This shift could lead to significant changes in the regulatory landscape, impacting startups and established firms alike. The industry's engagement in political processes underscores its role as a key economic driver.
