Technological capabilities for the twin transition : linking European regions for cohesion

Abstract

European regions require technological capabilities to green and digitize their economies in line with the twin transition. These capabilities, however, are not spread evenly across European regions. Making matters worse, relevant innovation activities are highly concentrated in more developed regions, while inter-regional collaboration is both rare and tends to occur domestically. As a result, much of Europe’s technology potential remains untapped and opportunities for greater cohesion unrealized. In our new study “Technological capabilities and the twin transition in Europe”, we map opportunities for regional collaboration to build the technologies of the future. We discuss our findings with a particular focus on what policymakers can do to realize this potential, whilst at the same time working towards greater European cohesion.