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To carve out a competitive advantage for the future, Europe must anticipate the potential of advanced manufacturing for clean, efficient and high quality production, write Karl Aiginger and David Bailey.

Karl Aiginger is Director of Economics at Vienna University and Coordinator of the pan- European Research Project “Welfare, Wealth and Work – a new growth path for Europe.”  

Image: HUBO, a multifunctional walking humanoid robot. World Economic Forum in Davos, Switzerland, 19 January. (World Economic Forum/swiss-image.ch)