Article in Journal
Focus on Critical Key Technologies: The Race for Leadership in Industry and Technology Policy
Oliver Falck, Svenja Falk
CESifo, Munich, 2024
EconPol Forum 25 (3), 42-46
CESifo, Munich, 2024
EconPol Forum 25 (3), 42-46
- Technological sovereignty can be defined as the ability of a country to guarantee access at all times to the key technologies that are necessary to meet social priorities and needs
- Despite having different competences, the countries analyzed focus largely on the same fields of technology that are expected to generate value in the future
- Measures to promote technological sovereignty are heterogenous across countries and range from the promotion of R&D activities to sub sidies for setting up industrial plants
- Systematic predictions of technological trends would en able policymakers to deal with new technologies at an early stage and adapt policy measures and institutions