Michiel Scheffer wants Europe to do more than finance scientific discovery. His vision for the European Innovation Council connects research, patient capital, industrial demand and strategic procurement—turning breakthrough technologies into companies, production capacity and European power.
Strategy Governance
Security and strategic governance shape how states and institutions respond to geopolitical risks, emerging threats and the protection of critical infrastructure.
Christine Lagarde has broadened the language of central banking beyond inflation and interest rates. Her vision reveals Europe’s deeper dilemma: a common currency cannot create economic scale, monetary sovereignty or integrated capital markets without corresponding political architecture.
A mobile standard is not merely a neutral technical agreement. It is where research, institutional consensus and patented inventions become shared infrastructure. Ericsson’s influence lies deep inside this process, helping shape the grammar of global communication.
Europe’s largest universal banks already possess the balance sheets, sector knowledge and capital-market access needed to support industrial renewal. What Europe lacks is a shared architecture that can turn their separate capabilities into a coordinated investment system.
Morgan Stanley’s $1.5 trillion initiative turns strategic technology into investable infrastructure, confronting European pension funds and insurers with a growing dilemma: will Europe’s accumulated wealth build its own productive capacity—or finance the technological power on which it depends?
Europe is beginning to build the funds its scale-ups need. But growth capital is only a bridge. Without sufficient liquidity, specialist investors and a credible European exit market, its most successful technology companies may still gravitate towards New York.
