Global Institute For Tomorrow (GIFT)’s Post

⏰ Wake-up call for Europe ⏰   In a recent opinion piece on POLITICO, titled "Europe’s at risk of losing the global tech race", Mark Boris Andrijanič and Philip Meissner discuss the competitive edge of Europe's tech landscape and the crucial steps needed to maintain and enhance it. https://lnkd.in/dnQJ6Hi3 As a Munich-based company, we've experienced these challenges firsthand. However, we believe that Europe has the potential to create the next deep tech champions. Therefore, 1) let's close the funding gap, 2) embrace innovation-friendly regulations, and 3) foster strong, collaborative partnerships. By doing so, we can lead a new era of technological advancement and create a prosperous future that is 'Made in Europe'.

Mario Draghi's recent report on "The Future of European Competitiveness" highlights the critical challenges that Europe faces, especially in comparison to the USA and the growing threat posed by China. Here are the bleak takeaways: 1️⃣ Innovation Gap Alert: The report underscores a significant innovation gap in Europe when compared to the USA, which totally outpaces technological advancements. While American companies push the boundaries of innovation, Europe risks being left behind, especially as China ramps up its investment in research and development, threatening to overtake not just Europe, but even the USA in various sectors. 2️⃣ Tech Divide Reality Check: Europe experiences a notable tech divide, where young innovators often struggle to access the same level of resources and support that their counterparts in the USA do. Moreover, China's rapid technology development—bolstered by significant government support—poses a formidable challenge. European nations must urgently address this divide if they wish to nurture their emerging tech talent effectively. 3️⃣ Policy Reform Needed: Draghi’s critique of current European policies reflects a need for reform, especially in light of the more adaptable regulatory environment found in the USA. While the US promotes quick innovation and entrepreneurship, China's state-driven approach aggressively accelerates technological advancements, leaving Europe at a disadvantage. It's essential for Europe to reform its policies to foster an entrepreneurial ecosystem that can compete on the global stage. 4️⃣ Collaboration is Key: The report emphasizes the need for enhanced collaboration among governments, businesses, and educational institutions in Europe. Unfortunately, Europe struggles to match the collaborative efforts that lead to significant technological breakthroughs in the USA. At the same time, China's ability to mobilize its resources quickly towards large-scale projects highlights the need for Europe to unify its approach to innovation and competitiveness. 5️⃣ Future at Stake: If innovation does not become a priority, Europe risks falling significantly behind both powers. Draghi's report is a crucial wake-up call for Europe, emphasizing the urgency to confront not only the competitive strategies of the USA but also the looming challenge from China. #EuropeanCompetitiveness #Innovation #TechLeaders #MarioDraghi #USComparison #ChinaChallenge Link to report: https://lnkd.in/eRpZARtJ

Last month, Mario Draghi's report on the EU highlighted that in the past 50 years, not a single company with a market cap of €100B+ was started in Europe, while all 6, €1T+ companies in the US were founded within this period. Most analyses focus on the structural EU regulatory+policy+capital environment to explain this. But, having spent the last 8 years working and living in Europe - I'm convinced that a deeper undercurrent lies in the contemporary Culture across the continent. https://lnkd.in/g7ZmqNC8

Yesterday, Mario Draghi advised the European Commission on how Europe needs to transform its economy to restore competitiveness with China and the United States. He proposed an annual investment of around 800 billion euros. But here’s the catch: presently, many European countries are increasingly adopting a more nationalistic approach, focusing on “less Europe,” when in reality, we need more Europe to thrive. As we close our borders to control migration, our traditional industries, especially the automotive sector, face intense pressure from Chinese competitors. The result? Jobs and prospects for many Europeans are at risk, especially for the younger generation. 🚨 Quick decisions are needed now, but European decision-making often takes time. So, what can we do in the meantime? Author Benjamin Barber once suggested in his book “If Mayors Ruled the World” that cities, regions, and their leaders may be better equipped to solve big problems. 🤔 So, how can cities use successful examples of innovative hubs across Europe, like Brainport and other modern cities, to pursue the development of local innovation clusters? Please get in touch with us via the link in the bio. 🌍 After all, every city or region wants to be the next Silicon Valley! 💡 #INNOVATIONHUB #SILICONVALLEY #BRAINPORT @MARIODRAGHI European Commission BABLE Smart Cities Eindhoven International Project Office BV #BENJAMINBARBER Brainport Eindhoven Intelligent Community Forum Louis Zacharilla Eindhoven Academy

A really useful and timely event, especially in the context of the exciting developments towards a UK industrial strategy, as announced yesterday. #industrialpolicy #industrialstrategy #internationalpartnerships #advancedmanufacturing #UKjapan

Timely 🇬🇧- 🇯🇵 discussion on industrial strategy: interventions to boost productivity and growth, how to ensure innovation creates jobs and is sustainable, and sharing new data sets to inform tricky decisions on prioritisation. Thanks to the brilliant #SIN team at the British Embassy in Tokyo. #Industrialinnovation

RT: Science|Business - " #HorizonEurope is expanding its global reach, inviting selected countries beyond its member states to collaborate. But who's in, who's out, and what's driving these decisions? This deep dive explores the latest updates, from new associations such as Canada and South Korea, to the complexities faced by Switzerland and the UK. It also examines potential future partners such as Japan and Singapore. 📌 Read the free excerpt of the latest edition of our 'Horizon Europe: The Essential Guide' to find out more: https://lnkd.in/dcU2ePPY "

On a continuous journey towards innovation and enhancing institutional efficiency, I had the privilege of recently participating in the "International Conference on the Safe Transformation to Artificial Intelligence for System Integration". During this esteemed event, I had the opportunity to present a workshop entitled "Improving Government Efficiency through the Application of Artificial Intelligence Systems in Planning". The workshop focused on leveraging AI in strategic planning, expediting and refining decision-making processes, and enhancing the efficiency of government operations. Ultimately, these advancements contribute to the delivery of superior services to our communities. This participation aligns with my over three decades of professional experience, during which I have witnessed the remarkable evolution of technology and digital transformation as cornerstones of institutional efficiency and sustainability. I firmly believe that digital transformation is no longer an option but a strategic imperative for the success of modern organizations. Such events serve as crucial platforms for exploring the latest global solutions and trends, fostering knowledge exchange among industry pioneers, and shaping future visions grounded in robust scientific and technical foundations. It was with great pride that I received a certificate of appreciation from the conference organizers, acknowledging our shared vision and aspirations. This further reinforces my deep belief in the importance of continuous innovation and developing pioneering solutions that adapt to rapid changes and meet the evolving needs of institutions and societies. I am continually inspired to explore the potential of artificial intelligence and its applications, striving to create a tangible positive impact that serves the community and realizes our institutions' vision for a better and more sustainable future. I would like to express my sincere gratitude to Dr. Afaf Al Sheikh, the conference chair, and the entire organizing committee for their exceptional work in organizing and managing this distinguished event. The conference concluded with a remarkable initiative to engage youth by establishing a platform that unites Omani youth interested in this field, demonstrating the event's strong attendance, insightful discussions, and comprehensive strategic vision. #ArtificialIntelligence #Innovation #DigitalTransformation #Leadership #StrategicPlanning #SustainableDevelopment #OmaniYouth #GovernmentManagement #InternationalConferences

«Europe must profoundly refocus its collective efforts on closing the innovation gap with the US and China, especially in advanced technologies» (#MarioDraghi) This Monday was presented the #report “The future of European competitiveness”, that the President of the European Commission, Ursula von der Leyen, commissioned from Mario Draghi. The former Italian Prime Minister warns, among many other measures, that the European Union needs to increase its #investment in #innovation in order to compete against countries as China and the United States. It is imperative to accelerate #technological and #scientific innovation, as we also indicate in the reports we have prepared together with BBVA Research: “European Deep Science Technologies: the time for Science Equity is now” and “Global Trends: Deep Science”, which you can download here 👉 https://lnkd.in/gR3QpdVp The report by Mario Draghi, which deserves careful reading, can be downloaded here 👉 https://lnkd.in/eB-47SHQ The time for Europe 🇪🇺 has to be now! 💪 #Europe #FutureIndustry #IndustrialDeepTech #ODS #ScienceEquity

These statements by Mario Draghi in his recent report are alarming and should prompt those of us who have chosen to live in Europe to consider how we can act to change the situation: “The core problem in Europe is that new companies with new technologies are not rising in our economy. In fact, there is no EU company with a market capitalisation over EUR 100 billion that has been set up from scratch in the last fifty years. All six US companies with valuations above EUR 1 trillion have been created in that period of time…. And these figures do not include the many young, talented Europeans who go to study in the United States and found their companies there. It is a huge loss for our economy in terms of jobs and brain drain. The innovation gap is at the root of Europe’s slowing productivity growth relative to the US. So, we must bring innovation back to Europe – and the report proposes to do so through reforming the whole innovation ecosystem. It starts with establishing our universities and research institutions at the frontier of academic excellence, and making it easier for researchers to commercialise their ideas. Only about one-third of the patented inventions registered by European universities are commercially exploited”