Investment needs and obstacles along industrial value chains
On the 24th of November, the European Commission published a study on investment needs and obstacles along industrial value chains.
The EU needs to invest in modernising its industry across all value chains in order to maintain its competitive position and economic relevance worldwide. This study shows an integrated and coordinated approach is required to foster investment and technology adoption.
Particularly since the start of the global financial crisis, the pace of economic recovery in the EU has been slow, in part due to weak investment. To reverse this trend, collective and coordinated efforts are needed at European level.
Based on the current modernisation needs of EU industry, this study aims to identify specific investment needs, financing gaps and obstacles to investment along a number of industrial value chains and proposed remedies to overcome those obstacles that are specific to the coordination of investments along an industrial value chain.
The study shows an integrated and coordinated approach is required to foster investment and technology adoption. Investment in technology adoption must be paired with investment in other areas, such as skills, network assets and related functional procedures. areas, such as skills, network assets and related functional procedures.
Source: European Commission
In: Growth & Competitiveness