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In this episode of The Sound of Economics, host Rebecca Christie speaks about financing European innovation with the Jacque Delors Centre’s Marlene Schörner and Louise Tumchewics of the Royal Danish Defence College, specialist in the geoeconomics of defence and electronic warfare. Why do European companies need venture capital and public listings? Does it matter if promising companies go to US markets once they start to scale up? How can private investment finance defence and dual-use technology, and where do governments especially need to work with outside investors to develop new capabilities? What about sustainable finance – are venture capital and equity markets helping a new generation of clean technology, and does defence resilience have a role to play in ESG markets? Related research:</div><ul>
<li>Arampatzi, A., Christie, R., Evrard, J., Parisi, L., Rouveyrol, C., van Overbeek, F. (2025) '<a href="https://www.suerf.org/publications/suerf-policy-notes-and-briefs/a-single-market-for-capital-five-priorities-for-the-eu/">A single market for capital: five priorities for the EU</a>', Policy Brief No. 1161, SUERF – The European Money and Finance Forum</li>
<li>Merler, S. (2025) '<a href="https://www.bruegel.org/first-glance/can-defence-investment-be-sustainable-european-commission-thinks-so">Can defence investment be sustainable? The European Commission thinks so</a>', First Glance, Bruegel</li>
<li>Schörner, M. (2026) '<a href="https://www.delorscentre.eu/en/publications/detail/publication/one-fund-to-scale-them-all">One fund to scale them all? Filling crucial financing gaps with the Scaleup Europe Fund</a>', Policy Brief, Jacque Delors Centre</li>
<li>Schörner, M. (2026) '<a href="https://www.delorscentre.eu/en/publications/detail/publication/how-to-revive-europes-stock-market-listings">How to revive Europe’s stock market listings: Europe should strengthen its public equity markets to finance innovation</a>', Policy Brief, Jacque Delors Centre</li>
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