Industrial policy is once again in vogue in public policy circles around the world. Yet it is crucial to ensure coherence between place-based innovation and EU industrial policy. For doing so, this contribution proposes a backcasting, mission-oriented and foresight-inspired approach to sustainable, resilient and secure development in the EU. It encourages the EU to fully […]
Over the past three decades, EU institutions have gradually shifted towards greater reliance on goal-based strategies. This implies formulating an array of objectives and targets to achieve in the medium to long term, often encompassing economic and social dimensions and gradually incorporating environmental ones. This analysis first takes stock of the different long-term goals pursued […]
Nobody needs convincing that semiconductors and electronic chips are essential for modern industry and for the green and digital transitions. But this does not necessarily mean that the EU should actively support this sector. Many sectors are important but the cold hard truth is that the state cannot support everyone.Industrial policy means setting priorities. Moreover, […]
If European industry is to thrive, innovative new companies with good business ideas must be able to obtain the finance they need. This may seem obvious, but European SMEs currently rely almost exclusively on banks for their external finance, and these often do not provide the risk capital that innovative companies need. For this type […]
The EU’s agricultural and food systems currently face a number of challenges. Ensuring healthy diets, improving nutrition, enhancing industry sustainability and competitiveness while reducing the environmental and climate impact of agriculture and food production are urgent problems that the EU must tackle in a timely manner. This report aims to identify a number of policy […]