The EU has lost industrial production to China. One of the few exceptions is Slovakia (interview)
Source: Unsplash and the European Commission
Slovakia is still very industrialized. When the EU gets rid of its dependence on China, it can be a great advantage for us.
The European Union lags significantly behind the USA and China in innovation. It is not certain whether we can even catch up with them and it is questionable how much we will even try. We also pay for the fact that we are far from industrial production. In both cases, Slovakia could be involved in the solution.
Thanks to the presence of a large number of automobiles and related industries, we are one of the most industrialized countries in the EU. At the same time, our capital is located in close proximity to two other capital cities, which creates an excellent geographical prerequisite for the creation of an EU innovation center. We talked to Vladimír Šuch, head of the European Commission’s representation in Slovakia, about whether we are even aware of these advantages and whether we are doing something to take advantage of them. In the interview you will read:
- Can the EU still reverse its lagging behind in the field of innovation?
- How Slovakia is preparing for future challenges.
- Isn’t the arrival of Volvo a sign of unpreparedness?
- Where did the EU and the US go wrong in relation to China.
- And why the Vienna – Bratislava – Budapest triangle could be the core of EU innovation.
Can the EU catch up with the US and China in innovation?
The European Union lags behind in innovation. Today, the USA and China are in the forefront. Are we supposed to stay somewhere in the lee, or can we still make up for our lagging behind?