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European Brand Institute<br />
KR DI Dr. Gerhard Hrebicek<br />
President European Brand Institute<br />
In the center of the European debate about values,<br />
ratings for countries as well as companies and<br />
„BASEL III“ regulations, the question arises how<br />
could the European future look like in terms of values<br />
and ratings, which components are necessary and what<br />
role can brands and other intellectual property (IP) such<br />
as patents, utility models etc. have for the European<br />
development of companies and economies?<br />
„People buy brands not products“ - this sentence is<br />
valid especially in the global communication society.<br />
Our studies show that the average share of brand<br />
value across all industry segments is about 40% of the<br />
enterprise/company value. Additionally, strong brands<br />
grow faster than the average - the so-called „Halo-Effect”<br />
is used much more in North America. In order to stay<br />
competitive, Europe has yet to catch up in this context.<br />
In Europe the number of brands is twice as high as in<br />
North America but value of each weighs only half as<br />
much on average compared to North America.<br />
Branding<br />
for Europe<br />
Europe‘s potential<br />
through strong<br />
brands and<br />
the use<br />
of IP<br />
So where is the European Global brand with a strength<br />
and a value corresponding to the „American apple“ and<br />
how can Europe establish such a global brand?<br />
64<br />
ISSUE 2014