The words “Draghi report” are still haunting the halls of Brussels almost a year after the document landed on the desk of the European Commission, diagnosing a near-fatal state of affairs for Europe’s competitiveness. Tariffs and trade ructions from the Trump presidency have only bolstered that fear, and it was against that backdrop last week that the European Commission unveiled its new strategy to boost European start-ups and scale-ups. The slate of measures will include a European Innovation Act, which will create initiatives like regulatory sandboxes and reforms to public procurement, and the “28th regime”, a pan-EU corporate registration. One…

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