The Lisbon Council convened a High-Level Working Lunch on the Economics of the Digital Revolution. Taylor Reynolds, senior economist for the information economy in the directorate for science, technology and industry at the Organisation for Economic Co-operation and Development (OECD), presented ground-breaking findings from the forthcoming OECD Internet Economy Outlook 2012. Anne Bucher, director for structural reforms and competitiveness at the European Commission’s directorate-general for economic and financial affairs, served as discussant. Jonas Bering Liisberg, deputy permanent representative of Denmark to the EU; Maria da Graça Carvalho, member of the European Parliament; James Elles, member of the European Parliament and co-founder of the European Internet Foundation; Tom Hanney, deputy permanent representative of Ireland to the EU; Edit Herczog, member of the European Parliament; Marietje Schaake, member of the European Parliament; and other VIP guests joined the interactive discussion and followed with timely interventions. The event formed part of the Single Market Entrepreneurs Centre, a centre of excellence housed inside of the Lisbon Council that sheds light on the role SMEs play in the European single market – and the way the single market can help SMEs deliver more growth and jobs to Europe’s economy.