This week at the World Economic Forum: June 27

Grüezi mitenand! Welcome to our weekly digital update.

Most shared this week

No country should close the door on talent. Professor Klaus Schwab on future competitiveness. (NZZ)

How can Europe fire up innovation? Create a culture where entrepreneurs can survive and thrive. (Report)

On Forum:Blog

It’s too hard for African companies to hire Africans. Khalid Koser on four obstacles to labour market mobility. Also: Tourism accounts for one in 11 jobs worldwide, so why is travel bureaucratic hell?

Where are the European Googles? Mariana Mazzucato on the complex links between states, markets and great ideas. Also: Can entrepreneurship be taught in the classroom?

Building cities, ‘Gangnam style.’ Faisal Abbas says Dubai can learn from South Korea and boost its cultural profile.

China’s house price bubble? It takes 34 years to save for an apartment in Beijing, warnsYao Yang.

A tweet is worth 1,000 words. Older people are flocking to Facebook. And other insights from our GAC social media series.

The World Economic Forum in the news

Europe’s entrepreneurs need to focus, connect and partner. They’re losing out to US counterparts, most significantly in ‘scaling up,’ a Forum report finds. (Exchange)

The end of the Internet? Forum research kicks off this piece on regional networks replacing the world wide web. (The Atlantic)

Challenging Finland’s competitiveness. Strong institutions are not enough, argues former Forum director Risto Penttila. (Financial Times) And our reply. (Financial Times) Meanwhile, new Finnish Prime Minister (and YGL), Alex Stubb, has strong communications nailed. (WSJ)

Over half of Davos participants went to a top university. “If you want to become one of the global elite, you should probably attend college.” (Business Insider)

Food, energy and water: the politics of the nexus. Forum research opens this piece arguing that global priorities don’t always reflect local concerns. (The Guardian)

World Cup 2014: Why tiny Belgium beat huge Russia. “The reason Russia lost has less to do with soccer than with free-market economics.” (Bloomberg, LiveMint, MalayMail) And more coverage of the Competitiveness World Cup. (El Universal, AllAfrica)

On our radar

The pitchforks are coming…for us plutocrats. Jeff Bezos helped make Nick Hanauer a billionaire. But now Hanauer is warning that America is “rapidly becoming less a capitalist society and more a feudal society” thanks to rising and unchecked inequality.

A quick guide to the Internet of things? Click here.

Supreme court justices are changing global finance. Elliott vs. Argentina sees a hedge fund push a nation to the brink of crisis. Dangerous precedent or necessary step to compromise?

The US economy has been slowing since the early 1990s. Economists are concerned. The Internet and IT revolutions just disguised deceleration, argues this technical paper.

A bionic future beckons. Scientists have used a chip implant to enable a man to move his paralyzed hand with just the power of thought.

Open borders: WW1’s forgotten casualty. The world was freer and more globalised before 1914.

Have something for our reading list? .

Coming up next week

On Forum:Blog next week – a Young Global Leader reports on what climate change is doing to Greenland, and the role of faith in the modern world.

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Author: Adrian Monck is Managing Director of Public Engagement at the World Economic Forum