Economic Growth

1. The Flagship will enhance the potential of 5G as an economy booster via totally new businesses enabled by new technical features and necessary changes in regulatory issues. The Flagship will improve the growth that can take place with current regulation simply by aggressive introduction of IoT for e.g. automating production or logistics by digitalising some existing production and logistic mechanisms. More aggressive growth would require changes in regulation concerning ownership of radio spectra, communications infrastructure or data, to name a few.

2. The Flagship will promote the birth of start-ups via heavy investments in easy-to-use-tools and active promotion of the 5G Test Network (5GTN) within existing “start-up factories”. Start-ups are appearing at an increasing rate in the ICT field.

3. The Flagship will increase the number of experts trained within 5GTN. They can be readily hired by outside society and new companies are likely to be created at increasing speed. 5GTN will serve as a ‘digitalisation training environment’ for the whole community, which can utilise the services and facilities in education programmes. Society at large will benefit from the experts trained within the Flagship, no matter where they are based.

4. The Flagship will increase companies’ possibilities to utilise research results in their development of applications and services. The Flagship’s open innovation ecosystems, based on verticals-driven test environments (i.e. 5GTN) with all technology providers and proper end-user communities involved, will help shorten the time to market. Shorter time-to-market is invaluable to companies partnering with 5GTN and will directly generate growth. The results of the Flagship will be used by large infrastructure providers via jointly developed technical solutions and IPRs that they obtain from the academic research (Ecosystem).

Last updated: 18.10.2018