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Articles by Lars Frølund
La inversión estratégica está redefiniendo la política económica
Los fondos de fondos (FoF) se utilizan cada vez más para moldear la forma en que los gobiernos practican la política económica. Cuando están bien diseñados, agrupan capital para invertir en fondos de capital riesgo en lugar de hacerlo directamente en empresas o valores individuales, lo que refuerza los ecosistemas de innovación al tiempo que orienta la inversión hacia mercados, capacidades y tecnologías de importancia estratégica.
Fund of funds can bolster resilience, advance objectives
Funds of funds ( FoF ) are increasingly used to shape how governments practice economic statecraft. When designed well, they pool capital to invest in venture funds rather than directly in individual companies or securities, strengthening innovation ecosystems while steering investment towards strategically important markets, capabilities and technologies.
How Strategic Investment Is Redefining Economic Statecraft
en English Economics Apr 15, 2026 and In a global economy defined by intertwined supply chains and cross-border capital flows, economic security cannot rely solely on national investment. Fund-of-funds vehicles can help governments bolster resilience and advance strategic objectives while protecting sensitive technologies and limiting adversarial influence. BOSTON—Funds of funds (FoF) are increasingly used to shape how governments practice economic statecraft.
Viewpoint: dual-use innovation, a strategic choice for Europe
For decades, Europe’s innovation ecosystem has operated under a self-imposed constraint: a firewall between civilian and defence research. This was born of understandable post-war caution. But in today’s world, it has become a strategic liability. Our competitors, most notably the United States, have never hesitated to harness dual-use innovation as a driver of both prosperity and security. The result?
Europe Needs Shared Defense Capabilities | by Lars Frølund & Fiona Murray - Project Syndicate
The European Union and the United Kingdom must approach technological innovation with the goal of building shared defense capabilities. Developing a collaborative framework that channels capital from across Europe to the most promising ventures could help the region meet the security challenges ahead. COPENHAGEN/BOSTON – Following Donald Trump’s victory in the US presidential election, Europe has recognized the need to strengthen its security and bolster its economic resilience.
Can Europe really build its own defence research agency?
Europe’s waning competitiveness is once again in the spotlight. Addressing this long-standing problem will require, among other things, increased investment in the European economy’s capacity for innovation. To achieve that, recent reports by former Italian prime ministers Mario Draghi and Enrico Letta, and an April speech by French President Emmanuel Macron, have called for a European version of the United States’ Defence Advanced Research Projects Agency (DARPA).
¿Puede Europa crear una DARPA propia?
La menguante competitividad de Europa vuelve a estar en el candelero. Uno de los requisitos para resolver este viejo problema es invertir más en la capacidad de innovación de la economía europea.
Can Europe Really Build Its Own DARPA? | by Lars Frølund & Fiona Murray - Project Syndicate
en English Innovation European leaders, from Emmanuel Macron to Mario Draghi, have called for the European Union to create its own version of the United States government’s Defense Advanced Research Projects Agency. But this is not a new idea, and attempted clones on the continent have failed to achieve their full potential. COPENHAGEN/BOSTON – Europe’s waning competitiveness is once again in the spotlight.
Can Europe Really Build Its Own DARPA? - Lars Frølund
Aa Aa Aa - A + COPENHAGEN/BOSTON – Europe’s waning competitiveness is once again in the spotlight. Addressing this long-standing problem will require, among other things, increased investment in the........ © Project Syndicate visit website
Developing Successful Strategic Partnerships With Universities
Collaborations between companies and universities are critical drivers of the innovation economy. These relationships have long been a mainstay of corporate research and development (R&D) — from creating the knowledge foundations for the next generation of solutions, to serving as an extended “workbench” to solve short-term, incremental problems, to providing a flow of newly minted talent.
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