This year has seen renewed debate on the future of Cohesion Policy in the European Union. At the same time, Europe is undergoing a digital and green transition for which European regions are not equally prepared. A new study by Bertelsmann Stiftung identifies new opportunities to spur innovation that are relevant for the twin transition while fostering cohesion at the same time.
The study, which was carried out by a consortium of researchers from the University of Utrecht and the Austrian Institute of Economic Research, shows that there is untapped potential for European regions to collaborate on technological innovation for the twin transition. Europe’s wealthiest regions demonstrate a high patent output especially in cutting edge digital technologies. But other less developed regions also show strengths in less complex green technologies and in some complex digital technologies. Our study identifies which regions have high levels of complementarity to combine their strengths and develop new twin transition technologies, which can foster economic diversification and growth.
To share this new study with you, the Bertelsmann Stiftung has the pleasure of cordially inviting you to a preview event in Brussels: Leveraging Twin Transition Technology for Regional Cohesion in Europe, which is co-organised with CEPS.