Europe has a strong industrial base and extensive technological expertise. But as global competition intensifies around key technologies, innovation, and industrial value creation, the pressure to act is growing.
The German business magazine Manager Magazin reports on a new study by VDMA, the industry association representing Europe’s mechanical and plant engineering sector, and Porsche Consulting. The study identifies where Europe’s opportunities lie and where decisive action is now needed. The key question is not only which technologies will matter in the future. Just as important is how Europe can make targeted use of its strengths, further develop its industrial capabilities, and secure the long-term competitiveness of its companies.
This requires clear strategic priorities and decisive action from both business and policymakers.
Read more in the Manager Magazin article (German only).