21st Century Industrial Policy for European Competitiveness

This document is a report that outlines the strategic importance of industrial policy in Europe, particularly in the context of technological geopolitics and the need for strategic autonomy. It discusses the challenges Europe faces in maintaining its global economic relevance amidst rising geopolitical tensions and competition from the United States and China. The report emphasizes the necessity for a digital industrial policy that fosters innovation and competitiveness, particularly through the telecommunications sector, which is identified as a key partner in achieving these objectives. It details the importance of connectivity infrastructures in supporting industrial growth and highlights the need for public policies that incentivize investment and innovation in strategic sectors. The report also addresses the urgency of bridging the technology gap and ensuring that Europe remains competitive in critical technologies such as 5G, AI, and quantum computing. Recommendations for aligning investment with industrial policy goals are provided, aiming for a holistic approach to enhance European industry competitiveness.