The European Commission recently unveiled a bold and ambitious initiative to strengthen Europe’s position on the world stage. Dubbed the “Compass for Competitiveness,” this strategic roadmap outlines the key directions the European Union intends to take to become an undisputed leader in various technological and industrial sectors. Adopted under President Ursula von der Leyen, this initiative builds on the recommendations of the Draghi Report and will focus on three main areas of action:
innovation ,
decarbonization , and
security .
A clear framework for regaining competitiveness
Europe possesses considerable strengths, such as a skilled workforce, a large single market, and a stable legal environment. However, recent decades have revealed certain structural weaknesses that are hindering its progress compared to other major global economies. The Draghi report highlighted an innovation deficit and declining productivity, prompting the Commission to develop the Competitiveness Compass.
This document outlines the path Europe must follow to once again become an attractive hub for cutting-edge technologies, innovative services, and green products. According to Ursula von der Leyen, “Europe has everything it needs to win, but it is imperative that we address our weaknesses.” The proposed regulatory framework therefore aims to break down existing barriers and strengthen the foundations for what could be a new era of sustainable prosperity.
Focused on innovation: supporting start-ups and promoting new technologies
The European Commission aims to create an environment conducive to the growth of innovative startups. The focus will be on technology startups and established SMEs, with specific initiatives such as the one dedicated to artificial intelligence gigafactories. Indeed, measures will be taken to promote the adoption and development of AI in key sectors, thereby strengthening Europe’s industrial leadership.
In partnership with the European supercomputing network EuroHPC, the “AI Continent” strategy will provide researchers and entrepreneurs with the computing power they need to develop their AI models. Simultaneously, the “Data Union” will enable the secure sharing of both public and private data, thus facilitating the development of new systems and applications. Significant emphasis is also being placed on the “Apply AI” program to integrate AI into strategic industries such as manufacturing, energy, and pharmaceuticals.
The strategic role of quantum technologies and telecommunications
Beyond AI, the Commission also places particular emphasis on the development of quantum technologies . Based on the future Quantum Act and supported by the CHIPS Act, this strategy combats regulatory fragmentation and promotes investment in pan-European quantum infrastructure. The goal is to see a usable quantum computer by 2030.
In the telecommunications sector, the strategy aims to complete ultra-high-speed broadband coverage while simultaneously building future gigabit connectivity infrastructure. The global standardization of 6G could also see Europe play a leading role, enabling it to maintain its competitive advantage in this vital sector.
With this compass for competitiveness, Europe is equipping itself with concrete and ambitious means to compete with global leaders. Significant challenges lie ahead, but with a structured approach and targeted actions, the European Union aspires to regain its economic and technological dynamism.