Local view for "http://purl.org/linkedpolitics/eu/plenary/2000-03-13-Speech-1-050"

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"I welcome the new strategic goal of making Europe the most dynamic and competitive area. Who could challenge such an ambition? I have to say, however, that dynamism and entrepreneurship as well as social cohesion are a very ambitious target, not to mention the creative tension between those two objectives. I hope that we will achieve them, but I sound a warning note. I note another ambitious objective of playing a proactive role in organising cyberspace. I cannot help thinking this is more a case of closing the stable door after the horse has bolted! I welcome the emphasis on bolstering research and development in Europe, on developing content industries and on speeding up broad-band networks with all that is involved as part of working towards a knowledge society. Actually, I would prefer to call it an information economy because it is the economy aspect which is the most important. We live in the time of IDEA – the Internet digital electronic age. That sums up what we are trying to achieve on the e-side, the electronic side, of life. But I welcome the fact that this summit is aiming also at a wider emphasis on reforms of our economies in Europe to improve competitiveness and innovation. That must be right. We cannot just focus on the new economy. We must pay attention to the old. I look forward to hearing more detail about the European Charter for micro-enterprises – that should be very interesting when it comes forward. One of the priorities which has been identified under the Cardiff process is to improve the sensitivity of the financial markets to the value of intangible investments and investments in knowledge. That has been achieved possibly beyond the wildest dreams of people a few months ago. It can be seen in the phenomenal growth in the stock markets of Europe in the value of dot.com companies and just recently in the major changes in the composition of the FTSE 100 index in London. I cannot help thinking however that although these values have gone sky high and we may expect the bubble to burst, nevertheless the underlying structural change in our economies is here to stay."@en1
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