In the fight against the Coronavirus, digital technology is playing an unprecedented role in the maintenance of daily life and economic and social activities, as well as in the recovery of industry and business. The Coronavirus pandemic could become a tipping point for digitalisation – the dawn of a new era – by accelerating the maturity of digital technology: what was once a ‘nice to have’ could now become a ‘crucial to have’.
 
 
In this context, a new EIB report, “Who is prepared for the new digital age? Evidence from the EIB Investment Survey”, will be published at 10.30 a.m. Brussels time on Monday 20 April 2020.
 
It analyses investment in, and adoption of, digital technologies by firms in the EU and the United States and provides evidence of better performance of digital firms compared to non-digital ones. By providing country-level analytics the report helps countries to assess areas in which their firms perform well and the ones in which they might need policy reforms to better promote digitalisation. The report draws from two unique sets of data: the European Investment Bank Survey (EIBIS) 2019, and the EIBIS Start-up and Scale-up Survey 2019.