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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
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  • 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

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