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    Published on Tuesday, July 16, 2024 | Updated on Thursday, July 18, 2024

    Global | Deep Science

    Summary

    The EU's aspirations for sustainability, competitiveness, and resilience hinge on its ability to close the innovation gap with the US in disruptive technologies. This requires a dual approach: significantly increasing targeted public funding and creating a more inviting environment for private investment.

    Key points

    • Key points:
    • Deep Science refers to the ecosystem of non-digital disruptive innovations, such as nanotechnology, biotechnology, or robotics.
    • Science Equity refers to the ecosystem of investors who seek to create value from scientific discoveries and research.
    • Deep Science has been one of the historical pillars of European competitiveness, but today there are concerns about bottlenecks in Science Equity.
    • European authorities acknowledge the problem, but the solutions remain insufficient.

    Geographies

    Authors

    Noelia Cámara BBVA Research - Principal Economist
    Sonsoles Castillo BBVA Research - Chief Economist for Financial and Economic Analysis
    Alberto Díaz Be Able Capital
    Rubén Gargallo Abargues BBVA Research
    Nara González BBVA Research
    David López Be Able Capital
    Lucía Martín BBVA Research
    Pilar Más Rodríguez BBVA Research - Principal Economist
    Ángel Mesa Be Able Capital
    Alejandro Neut BBVA Research - Lead Economist
    Roberto Ranera Be Able Capital
    Jorge Sicilia BBVA Research - Chief Economist of BBVA Group
    Almudena Trigo Be Able Capital

    Documents and files

    Presentation (PDF)

    DEEP-SCIENCE-presentation-January-2024.pdf

    English - July 16, 2024

    Report (PDF)

    Economic-Watch-July-2024.pdf

    English - July 16, 2024

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