3FOOD

Third Industrial Revolution Consulting Group
PROPOSALS
1 Business Model Innovation
1.1 Foster and focus applied research in the key areas of smart city, smart energy, smart
space, autonomous driving, High Performance Computing, Big Data enabled applications,
and FinTech. The University of Luxembourg, LIST and other applied research stakeholders
are on the right path but not yet sufficiently focused, staffed and funded to foster knowhow
transfer from academia to business and society through Dual-Use oriented applied
research projects. The motto should be “quality, focus and excellence over quantity.”
Luxembourg should explore other best practices including a comparison with ETH Zurich,
Fraunhofer SIT, IBM Research, the National University of Singapore and EPFL
(EcolePolytechnique Federale Lausanne).
1.2 Streamline the overall transition process by focusing on a few Lighthouse Projects/Smart
specializations clustered around the E-Luxembourg core strategic vision. Smart
specialization is an innovation policy concept designed to promote the efficient and
effective use of public investment in research. The goal of smart specialization is to boost
regional innovation in order to achieve economic growth and prosperity, by enabling
regions to focus on their strengths.
1.3 Foster Entrepreneurship through innovative start-up ecosystems. Consideration should be
given to a Yozma-type fund, tax incentives for VC investments, the establishment of
entrepreneur centers at LIST and the University of Luxembourg, and entrepreneur
exchange programs with established innovation hubs in the US, EU and Asia.
1.4 Cyber security and cyber resilience are crucial factors for building a sustainable and
reliable smart economy. To provide a full spectrum of services, a clear distinction should
be made between regulatory and business aspects. Cybersecurity Regulation at the
national level needs a dedicated agency, like the newly established ANSSI, in addition to an
inter-departmental coordination body like the CSB. Cybersecurity for the Private Sector
(Cybersecurity as a Service, CaaS) needs services provided by an organization such as
“SMILE GIE.” The underlying ICT of Luxembourg’s smart economy needs to be resilient to
malicious attacks or acts of nature. There is tremendous potential for Luxembourg to
contribute to the growing global demand for cyber resilience and cyber security products
and services, given that cyber security is a high-growth sector with a projected volume of
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