Enhancing EU Policy Through Complexity Metrics

Florence Benoit (), Valentina Di Girolamo (), Dario Diodato (), Erik Canton () and Julien Ravet ()
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Florence Benoit: European Commission, Directorate-General for Research and Innovation
Valentina Di Girolamo: European Commission, Directorate-General for Research and Innovation
Dario Diodato: European Commission, Directorate-General for Research and Innovation
Erik Canton: European Commission, Directorate-General for Research and Innovation
Julien Ravet: European Commission, Directorate-General for Research and Innovation

EU research and innovation paper series from Directorate General for Research and Innovation (DG RTD) of the European Commission

Abstract: In today’s economy, knowledge represents a critical resource for long-term economic growth (Romer, 1990). Knowledge tends to accumulate in densely populated areas, where geographical proximity facilitates spillovers, rapid idea diffusion, and the recombination of capabilities. This localised concentration can further be enriched by global knowledge flows through collaborations and networks. Through this process, economies can obtain a set of capabilities that form the basis for the development of unique technological assets (Storper & Venables, 2004). These unique assets, which are difficult to replicate, become the cornerstone of a sustainable competitive advantage and contribute significantly to long-term economic development and resilience.

JEL-codes: O32 O52 (search for similar items in EconPapers)
Pages: 22 pages
Date: 2025-01
New Economics Papers: this item is included in nep-cse, nep-eec, nep-geo, nep-ino, nep-sbm and nep-tid
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Persistent link: https://EconPapers.repec.org/RePEc:eug:wpaper:ki-01-25-015-en-n

DOI: 10.2777/0035513

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