Europe must act decisively to remain competitive in the Intelligent Age, as disruptive technologies and global events redefine economic power. The region faces a €700 billion annual investment gap compared to the US, especially in technology, risking €2–€4 trillion in GDP losses by 2040. To reverse this, the report proposes a targeted strategy for key technologies, prioritizing areas where Europe leads or can leapfrog, such as AI, quantum, semiconductors, and advanced connectivity. It recommends private sector-led lighthouse initiatives and 10 public sector “grands projets” to create an innovation-friendly environment, accelerate investment, and drive commercialization.

Join for free to read