McKinsey report – Investment: Taking the pulse of European competitiveness
Description
Key learnings:
- Europe's investment gap: Europe's investment levels, particularly in intellectual property (IP) and capital expenditure, are significantly behind those of the United States. This is especially evident in the technology and energy sectors, where large US corporations heavily outspend European firms.
- Barriers to investment: Europe faces major barriers to investment, such as high energy costs, talent shortages, and regulatory challenges. These factors hinder competitiveness and make it difficult for Europe to attract and retain investment, particularly in capital-intensive and technology sectors.
- Need for bold action: To tackle these challenges, Europe must prioritize investment as a measure of competitiveness. This includes boosting public investment, fostering a stable macroeconomic environment, and removing regulatory and market barriers to enhance productivity and attract private capital.
#Investment #IntellectualProperty #CapitalExpenditure #Technology