13 Jan 2022
ESIR provides policy brief on Industry 5.0 - A Transformative Vision for Europe
The expert group on the economic and societal impact of research and innovation (ESIR) has drafted a Policy Brief entitled ‘Industry 5.0: A Transformative Vision for Europe - Governing Systemic Transformations towards a Sustainable Industry’. The independent expert group recommends a deep transformation of the European Industry to foster the twin green and digital transition in Europe. The Policy Brief suggests to shift from an economic model based on ‘extraction and consumption’ to one that generates value from re-use, regeneration and reduction in consumption for people-planet-prosperity. Such shift would require a clear direction towards developing new designs for business models, value chains and supply chains; adopting new approaches to policymaking by acting at all levels of government and in partnership with business and industry; and building new capabilities and approaches to research and innovation.
The policy brief can be downloaded here: