You are here: Home Knowledge Base Developing Modern Sustainable Industrial Policies through Innovation-focused "Co-opetition" Virtual Library Advanced Manufacturing – advancing Europe, Report of the Task Force on Advanced Manufacturing for Clean Production
Symposium 2015

Virtual Library File - Advanced Manufacturing – advancing Europe, Report of the Task Force on Advanced Manufacturing for Clean Production

The Challenge

How to design an industrial policy for Europe, which spurs innovation and enables European industries to lead in the low carbon “space race”? This is a key challenge related to two agendas on wh ...

How to design an industrial policy for Europe, which spurs innovation and enables European industries to lead in the low carbon “space race”? This is a key challenge related to two agendas on which international attention is currently focused: the COP21 of the United Nations Framework Convention on Climate Change in Paris, and Europe's recent agenda for growth, jobs, and competitiveness. Much like climate policy, the need for a new industrial policy is widely acknowledged among politicians, businesses, and the wider society. However, there is little confidence that an innovative and effective industrial policy can be designed to fit all sectors, regions, and stakeholders alike. Yet, with a low carbon market estimated at more than 4.5 trillion euros, progress in this area is vital. One promising approach is to develop a modern understanding of the role of public policy and free markets. With this in mind, the idea of "co-opetition" seeks to stimulate industrial innovation through a combination of both cooperation and competition among countries and enterprises.

The report presents an overview of measures taken recently to foster the adoption of advanced manufacturing by European industry in order to increase the competitiveness of European industry. It recalls that manufacturing is a key driver of jobs and growth in Europe. The report stresses that removing obstacles, such as skills shortage, funding, or lack of market pull, to the deployment of advanced manufacturing will be key to Europe's industrial competitiveness. It argues that in order to give Europe a competitive lead in the new industrial revolution, the European Commission, the Member States and the industry need to engage in a partnership for modernisation.