Backing the view of US chief executives, such as Intel's Andy Grove, a recent survey has revealed Europe is trailing behind the US in terms of adopting new technology.
The research from the European Telework Development (ETD), reveals that the use of the Internet is one area where Europe is slipping behind the US.
Jeremy Millard, programme manager at ETD's consulting arm, said: "More than one in five US citizens are already connected to the Internet. But in Europe, less than one in 50 citizens are."
He added that while in the US, many company decision makers have first-hand experience of the new technologies available, in Europe, although people are starting to consider these technologies, their views reflect a serious lack of understanding.
According to ETD, Europe has plenty of opportunities to share in the new growth, but is missing out on too many of them. "We are leaving it to the Americans to make too much of the running in creating and delivering the new machinery of trade," said Millard.
ETD's figures suggest that more than one in four US managers and professionals can be reached by Email, compared with less than one in 20 in Europe.
If a European who does get connected looks for information, products or services on-line, there's a 10 times greater chance of finding a US-sourced responser than a European one.
Failure to use Email can also cost companies money suggests ETD. An ETD analysis calculated that other methods of sending information can cost between 10 and several hundred times the cost of Email (see box).
As a result of the findings, ETD has launched a three-year initiative to encourage decision makers throughout Europe to adopt new technologies including a network of national telework Web sites delivering information to European managers, and the development of a European Forum to promote teleworking.
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