FIW-PB 61 Innovation, industrial and trade policies for technological sovereignty

Jürgen Janger

No 61, FIW Policy Brief series from FIW

Abstract: Abstract:Interrupted supply chains in the wake of COVID-19 and Russia’s attack on Ukraine have highlighted the geopolitical risks of sourcing critical raw materials and products from a small number of authoritarian countries. The EU has initiated a flurry of activities to reduce unilateral dependencies, witnessed by trade, innovation and industrial policy instruments, such as the IPCEIs, the Chips Act and new anti-subsidy measures. This policy brief focuses on fostering technological sovereignty to insure against risks from international trade specifically in critical general purpose technologies. Bundles of innovation, industrial and trade policies enter three consistent policy mixes according to the distance to the technological frontier: for emerging technologies, the frontier policy mix emphasises an improvement in general framework conditions such as a more integrated European capital market. Technologies which lag behind the frontier benefit from coordinated support within the catch-up policy mix, while technologies at risk of losing their position at the frontier fall within the remit of the defensive policy mix.

Pages: 11
Date: 2024-01
New Economics Papers: this item is included in nep-cis, nep-eec, nep-ino, nep-int and nep-sbm
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://www.fiw.ac.at/wp-content/uploads/2023/12/6 ... overeignty_final.pdf full text (application/pdf)
https://www.fiw.ac.at/wp-content/uploads/2023/12/6 ... overeignty_final.pdf full text (application/pdf)
https://www.fiw.ac.at/wp-content/uploads/2023/12/6 ... ereignty_final-1.pdf full text (application/pdf)
none

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:wsr:pbrief:y:2024:m:01:i:61

Ordering information: This working paper can be ordered from
FIW Project Office Austrian Institute of Economic Research Arsenal Objekt 20 A-1030 Vienna

Access Statistics for this paper

More papers in FIW Policy Brief series from FIW
Bibliographic data for series maintained by ().