A quantum leap in finance

Quantum technologies offer a vision of a healthier, more sustainable and resilient Europe. They will one day enable disruptive innovations that could transform our societies, economies and almost all industries by solving problems that have eluded even our most powerful computers. From chemicals and...

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Main Author: European Investment Bank
Format: Online
Language:English
Published: European Investment Bank 2024
Subjects:
Online Access:OCN: 1433199716
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author European Investment Bank
author_browse European Investment Bank
author_facet European Investment Bank
author_sort European Investment Bank
collection Directory of Open Access Books
description Quantum technologies offer a vision of a healthier, more sustainable and resilient Europe. They will one day enable disruptive innovations that could transform our societies, economies and almost all industries by solving problems that have eluded even our most powerful computers. From chemicals and life sciences to finance and renewable energy, quantum technologies can speed up the development of groundbreaking new products and improve the ways we do things now.But despite a world-leading academic foundation in quantum technologies, European quantum companies consistently lag behind global peers. The European Union is home to 25% of all quantum companies worldwide, but accounts for less than 5% of global funding. Companies struggle to scale commercial operations due to a lack of knowledgeable investors or commercial partners.This study aims to answer the key questions about the future of quantum technologies: What can we expect from groundbreaking innovations? Why should we already begin to boost investment into the nascent European quantum industry? How can we speed up the development of the industry in Europe? We recommend a mix of policy and financing measures to accelerate the journey from academic knowledge to large-scale commercial success.
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publishDate 2024
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spelling doab-20.500.12854ir-1370232025-07-31T09:16:45Z A quantum leap in finance European Investment Bank thema EDItEUR::K Economics, Finance, Business and Management::KJ Business and Management::KJB Business studies: general Quantum technologies offer a vision of a healthier, more sustainable and resilient Europe. They will one day enable disruptive innovations that could transform our societies, economies and almost all industries by solving problems that have eluded even our most powerful computers. From chemicals and life sciences to finance and renewable energy, quantum technologies can speed up the development of groundbreaking new products and improve the ways we do things now.But despite a world-leading academic foundation in quantum technologies, European quantum companies consistently lag behind global peers. The European Union is home to 25% of all quantum companies worldwide, but accounts for less than 5% of global funding. Companies struggle to scale commercial operations due to a lack of knowledgeable investors or commercial partners.This study aims to answer the key questions about the future of quantum technologies: What can we expect from groundbreaking innovations? Why should we already begin to boost investment into the nascent European quantum industry? How can we speed up the development of the industry in Europe? We recommend a mix of policy and financing measures to accelerate the journey from academic knowledge to large-scale commercial success. 2024-05-11T09:48:14Z 2024-05-11T09:48:14Z 2024-05-10T05:32:29Z 2023 book OCN: 1433199716 https://library.oapen.org/handle/20.500.12657/90142 https://directory.doabooks.org/handle/20.500.12854/137023 eng open access image/jpeg image/jpeg image/jpeg image/jpeg Attribution-NonCommercial-NoDerivatives 4.0 International Attribution-NonCommercial-NoDerivatives 4.0 International Attribution-NonCommercial-NoDerivatives 4.0 International Attribution-NonCommercial-NoDerivatives 4.0 International https://library.oapen.org/bitstream/20.500.12657/90142/5/SID-0000004592129_optimized.pdf https://library.oapen.org/bitstream/20.500.12657/90142/5/SID-0000004592129_optimized.pdf https://library.oapen.org/bitstream/20.500.12657/90142/5/SID-0000004592129_optimized.pdf https://library.oapen.org/bitstream/20.500.12657/90142/5/SID-0000004592129_optimized.pdf European Investment Bank European Investment Bank 10.2867/297484 10.2867/297484 feca012f-a3d8-4aac-95aa-b6cf4bdbed7c Knowledge Unlatched Knowledge Unlatched (KU) KU Open Services European Investment Bank open access
spellingShingle thema EDItEUR::K Economics, Finance, Business and Management::KJ Business and Management::KJB Business studies: general
European Investment Bank
A quantum leap in finance
title A quantum leap in finance
title_full A quantum leap in finance
title_fullStr A quantum leap in finance
title_full_unstemmed A quantum leap in finance
title_short A quantum leap in finance
title_sort quantum leap in finance
topic thema EDItEUR::K Economics, Finance, Business and Management::KJ Business and Management::KJB Business studies: general
topic_facet thema EDItEUR::K Economics, Finance, Business and Management::KJ Business and Management::KJB Business studies: general
url OCN: 1433199716
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