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Third Industrial Revolution Consulting Group<br />

7.2 Develop bio based nano-composites, designed for easy disassembly. A new nanocomposite<br />

center was established in 2016, operated under the PEARL program and funded<br />

by the Luxembourg National Research Fund (FNR). Vigorous and sustained investment<br />

should be supported in the development of bio-based nano-composites that can be<br />

disassembled again in a safe way. Also initiate pilot projects, and promote new innovation<br />

with bio-based composites in the building sector. Strive to become the international<br />

expert center for bio-based nano-composites, and the worldwide leader for disassembly<br />

on a molecular level of composites.<br />

7.3 Support research programs for technological solutions and innovation in technologies<br />

for renewable energy, energy storage, and energy transportation. Leverage the RDI<br />

already underway through EU initiatives, as well as in other nations and corporations.<br />

Given Luxembourg’s leadership push in ICT/IoT technologies, as well as its financial<br />

prowess, examine how these two sectors can both take advantage of and build upon this<br />

larger pool of RDI, as well as promote commercial expansion.<br />

7.4 Public RDI and Private sector RDI need to align and leverage their efforts for advancing<br />

aggregate efficiency-productivity gains through HPC & BDA tools and technologies.<br />

According the European Commission, Luxembourg leads the EU in public RDI scientific<br />

performance, whereas private sector RDI has declined well below the EU average, noting,<br />

“the volume of public sector research and innovation financed by businesses represents<br />

only 0.017 % of GDP compared with an EU average of 0.051 %.” Part of the drop is due to<br />

the nation’s shrinking industrial base. The largest sector of the economy, finance, does<br />

relatively little public RDI. Applied research is what firms need, and public research<br />

centers should collaborate with firms in the design of a mutually beneficial ecosystem of<br />

activities. The network and sharing platform of Luxembourg’s EcoInnovation Cluster<br />

appears to be moving in this direction, with a quintuple helix knowledge network<br />

comprised of a myriad of business sizes and product lines, along with government<br />

agencies and other academic and research institutes.<br />

7.5 Perform a rewilding inventory of already existing lands and inland waters under<br />

conservation protection arrangements. Determine the additional actions required for<br />

ensuring that already protected areas are being transitioned into rewilding structures and<br />

functions, and are sustained even as climate change dynamics unfold. This involves multifaceted<br />

and multi-level research efforts to protect native floral and faunal species (above<br />

381

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