Investment is the simplest way to gauge Europe’s competitiveness—and the region’s investment pulse is low. We examine a few strategies Europe can use to boost competitiveness, including addressing barriers to investment, such as energy costs and talent shortages. ➡️ https://mck.co/3W3YuyK
Closing the investment gap with Europe, especially in technology and energy, is not just a competitive advantage but a strategic imperative for long-term growth and innovation. The US needs visionary corporate leaders who prioritize strategic growth over political distractions, driving innovation and progress. (I'm not talking about presidential candidates, who come and go every four years)
The energy sector attracted far less R&D. Imagine, the whole world running tiny LLMs models on devices and huge Processing clusters around to power the energy hungry GPU processing. To me Enegy is as important as GenAI research.
McKinsey & Company As we know investment and upgrading ourselves plays a major role in the companies point of view like how the way they compete in various activities which boosts the energy costs and shortages regarding capital expenditure and finally great learnings of McKinsey & Company . 🎓🎓
Kustodian.life
1mo
It's crucial for Europe to address barriers to investment in order to enhance its competitiveness. Thank you for shedding light on this important issue, McKinsey & Company.
Mathias Ehrhardt
1mo
Very interesting. US investments are going to where the future is, not to where it will remain.
Capital and intellectual investment is key to prosperity and progress. “An Investment in Knowledge (which means effort, positive habits and time) Pays the Best Interest” (Benjamin Franklin)
Jose Jatem
1mo
Rafael Serrano R&D numbers
Peter Trueman
1mo
Wow!
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1moMcKinsey & Company, The disparity in investment between Europe and the US, especially in crucial sectors like technology and energy, highlights a critical challenge. To enhance Europe's competitiveness, addressing barriers such as high energy costs and talent shortages is imperative. Encouraging higher capital expenditure and R&D spending by large corporations could catalyze innovation and economic growth. By bridging this investment gap, Europe can not only boost its technological advancement but also strengthen its position in global markets. This approach not only benefits businesses but also creates opportunities for job growth and societal advancement, fostering a more resilient and prosperous future for all.