Europe in the Intelligent Age 2025

Page 13 of 36 · WEF_Europe_in_the_Intelligent_Age_2025.pdf

Mobilizing action: Private sector-led lighthouse initiatives to create momentum 2 Aspirational industrial endeavours can rally resources around common goals – and reveal shortcomings in the investment environment that need to be addressed. Success can breed success. Early achievements often create momentum, reduce uncertainty and lay the foundation for larger-scale progress. One way to demonstrate tangible successes quickly in the technology sector is through lighthouse initiatives:29 model projects that can kickstart efforts, build public and industry confidence, and drive broader innovation, investment and adoption of new technologies. In many of these technologies, there are exponentially rising investments and strong winner-takes-most effects,30 making bold action vital. These initiatives must be ambitious. Figure 5 offers an initial set of lighthouse ideas for the four technology examples used in this paper (one per strategic posture quadrant) to help leaders begin to imagine the possibilities. Europe in the Intelligent Age: From Ideas to Action 13
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