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11. The idea of smart city in the perspective of the development of the capitals of the Visegrad Group countries

Author:
Marek Gorka
Publication Date:
03-2024
Content Type:
Journal Article
Journal:
Nowa Polityka Wschodnia
Institution:
Faculty of Political Science and International Studies, Nicolaus Copernicus University in Toruń
Abstract:
The objective of this study is to analyze the implementation and utilization of information and communication technologies (ICT) in the development of Smart Cities by the authorities of the V4 capitals. This research examines the smart city concept in the context of the development strategies of the V4 capitals. The study utilizes quantitative and qualitative methods to assess the potential of each city and conducts a comparative analysis of strategic documents related to the smart city concept. The article initiates by examining the changing dynamics of public space management in light of the increasing significance of cybertechnology. The subsequent section highlights the key points outlined in the Agenda 2030 document. This is followed by an effort to conceptualize the smart city concept and an explanation for investigating the development of the V4 capitals. The subsequent portion of the article delves into the perception of economic and social development, drawing from the security and cybersecurity strategies of each V4 country. The cases of each country are then analyzed based on selected factors that define their technological potential. The analysis aims to identify the predominant aspects pertaining to the utilization of ICT within the Smart City concept in the V4 capitals. The comparative analysis will reveal commonalities, disparities, strengths, and areas that require further development in each capital. The insights derived from this research prove vital for effective urban management. They facilitate an enhanced understanding of the interconnectedness between various economic and social resources and allow for the systematization of assumptions, visions, and underlying concepts related to urban space management. This, in turn, assists in identifying the factors that influence comprehensive engagement in smart city initiatives.
Topic:
Development, Science and Technology, Communications, Innovation, Smart Cities, and Visegrad Group
Political Geography:
Europe and Eastern Europe

12. Russia’s digital tech isolationism: Domestic innovation, digital fragmentation, and the Kremlin’s push to replace Western digital technology

Author:
Justin Sherman
Publication Date:
07-2024
Content Type:
Policy Brief
Institution:
Atlantic Council
Abstract:
Digital technology has long been a key component of the Russian government’s power, and for years following the collapse of the Soviet Union there was significant technology entanglement between Russia, the West, and other areas of the world. That changed in the late 2000s and early 2010s with heightened paranoia within the Kremlin about regime security and foreign subversion—and Russia’s 2022 full-scale invasion of Ukraine has taken this to new levels. Due to combinations of intense securitization, Western sanctions, foreign businesses exiting Russia, tech “brain drain,” and other factors, digital technological isolationism is now both a reality and a desired goal for Moscow. This report examines the history of the modern Russian state’s approach to digital technology, the internet, and connection and interdependence with the West and foreign countries. It then analyzes the Kremlin’s late 2000s and early 2010s shift to a heavily securitized approach to the internet and its concerted push to develop domestic digital technology—both the successes and many failures. It then examines the 2022 Russian war on Ukraine, how the conflict and resulting events (such as sanctions and brain drain) have shifted Russia’s approach to domestic technology and digital isolation, and where different digital technology segments, such as hardware and software, stand.
Topic:
Science and Technology, Cybersecurity, Internet, Innovation, Isolationism, and Russia-Ukraine War
Political Geography:
Russia, Europe, Eurasia, and Ukraine

13. What should be done about Google’s quasi-monopoly in search? Mandatory data sharing versus AI-driven technological competition

Author:
Bertin Martens
Publication Date:
07-2023
Content Type:
Working Paper
Institution:
Bruegel
Abstract:
The first part of this paper focuses on competition between search engines that match user queries with webpages. User welfare, as measured by click-through rates on top-ranked pages, increases when network effects attract more users and generate economies of scale in data aggregation. However, network effects trigger welfare concerns when a search engine reaches a dominant market position. The EU Digital Markets Act (DMA) imposes asymmetric data sharing obligations on very large search engines to facilitate competition from smaller competitors. We conclude from the available empirical literature on search-engine efficiency that asymmetric data sharing may increase competition but may also reduce scale and user welfare, depending on the slope of the search-data learning curve. We propose policy recommendations to reduce tension between competition and welfare, including (a) symmetric data sharing between all search engines irrespective of size, and (b) facilitate user real-time search history and profile-data portability to competing search engines. The second part of the paper focuses on the impact of recent generative AI models, such as Large Language Models (LLMs), chatbots and answer engines, on competition in search markets. LLMs are pre-trained on very large text datasets, prior to usage. They do not depend on user-driven network effects. That avoids winner-takes-all markets. However, high fixed algorithmic learning costs and input markets bottlenecks (webpage indexes, copyright-protected data and hyperscale cloud infrastructure) make entry more difficult. LLMs produce semantic responses (rather than web pages) in response to a query. That reduces cognitive processing costs for users but may also increase ex-post uncertainty about the quality of the output. User responses to this trade-off will determine the degree of substitution or complementarity between search and chatbots. We conclude that, under certain conditions, a competitive chatbot markets could crowd out a monopolistic search engine market and may make DMA-style regulatory intervention in search engines redundant.
Topic:
Science and Technology, Governance, European Union, Digital Economy, Innovation, Artificial Intelligence, and Competition
Political Geography:
Europe

14. China’s quest for innovation: progress and bottlenecks

Author:
Alicia Garcia-Herrero and Robin Schindowski
Publication Date:
06-2023
Content Type:
Working Paper
Institution:
Bruegel
Abstract:
As the Chinese economy continues to decelerate, the central government is investing heavily in innovation, doubling down on research and development (R&D) spending and STEM-oriented human capital. In this paper, we assess China’s progress so far, looking at the inputs to innovation (R&D and human capital) as well as intermediate targets, such as scientific research and patents. We then evaluate how China has fared with respect to the ultimate goal of commercialising this progress, by looking at the value-added of Chinese exports and the overall productivity of the economy. We identify three potential bottlenecks that might be hindering the translation of China’s innovation efforts into productivity growth.
Topic:
Industrial Policy, European Union, Economic Growth, Innovation, and COVID-19
Political Geography:
China, Europe, and Asia

15. Antitrust issues raised by answer engines

Author:
Christophe Carugati
Publication Date:
06-2023
Content Type:
Working Paper
Institution:
Bruegel
Abstract:
Rapid development of generative artificial intelligence chatbots like ChatGPT is leading search engine providers to move from search to answer engines. Unlike search engines, which provide search results in the form of blue links to content creators, answer engines generate personalised answers through a conversation with end users. This revolution impacts the internet ecosystem of content creators and the digital advertising market. This paper outlines some early antitrust issues related to answer engines, from the transition from search to answer engines (sections 2 and 3) and the response competition authorities should adopt (section 4). It finds that search and answer engines complement and compete with each other. While the answer-engine market is still at an early stage of development, it already raises some competition issues in relation to data scraping, vertical integration and unfair terms and conditions. Intervention by competition authorities is more likely than not to prevent market power in this new market. In this regard, competition authorities should act to preserve dynamic competition and minimise adverse effects on content creators. Finally, the paper concludes with several research questions for future research (section 5).
Topic:
Science and Technology, Governance, European Union, Digital Economy, Innovation, Artificial Intelligence, and Competition
Political Geography:
Europe

16. The path of economics research production: Insights into the seesaw between theory and empirics

Author:
João Ricardo Faria, Rajeev K. Goel, and Neela D. Manage
Publication Date:
01-2023
Content Type:
Working Paper
Institution:
Kiel Institute for the World Economy (IfW)
Abstract:
This paper provides insights into the apparent seesaw between the generation of theoretical versus empirical economics research over time. A dynamic model considers the incentives of researchers to focus on empirical versus theoretical papers. It yields the main characteristics of the path-changing of economics research, from theoretical-intensive to empirical-focused. The model has two equilibria, one with a higher proportion of theoretical papers and another with a higher proportion of empirical papers. Curiously, the equilibrium with greater theoretical papers is stable, while the one with more empirical papers is a saddle point. This suggests that the current trend of increasing empirical research is unlikely to last.
Topic:
Economics, Research, and Innovation
Political Geography:
Europe, North America, and United States of America

17. The Greek Defence Sector: Turning the Page?

Author:
Antonis Kamaras
Publication Date:
02-2023
Content Type:
Working Paper
Institution:
Hellenic Foundation for European and Foreign Policy (ELIAMEP)
Abstract:
From the 1980s to the 2000s, Greece’s defence industry was mismanaged and failed to utilize Greece’s high defence expenditures to become innovative. The impact of Greece’s fiscal crisis and the subsequent expansion of the Turkish threat mean that both economics and geopolitics now favour an invigorated Greek defence sector. The first major weapons procurement programme since the end of Greece’s fiscal crisis has not meaningfully involved the Greek defence sector. Yet the sector’s future prospects have improved, assured by the need for the sector to be financially viable and internationally competitive and by the broader awareness of the defence sector as a building block in national defence. The EU’s growing role in Europe’s collective defence, driven by continent-wide geopolitical developments and industrial imperatives, will also boost the prospects of the Greek defence sector. Mutually reinforcing obstacles still hamper the Greek defence sector’s progress: (a) a polity which privileges distribution over capital investments in its fiscal choices, and (b) an officer corps which lacks the degree of autonomy to co-create novel defence solutions together with the Greek defence sector. Despite these obstacles, the ongoing Turkish threat engenders national insecurity within Greece to such an extent that it can drive the sustainable growth of the Greek defence sector.
Topic:
Defense Policy, Geopolitics, Innovation, and Defense Industry
Political Geography:
Europe, Turkey, and Greece

18. Dijital Ekonomi ve Türkiye’nin Dijital Ekonomi Göstergelerinin Seçilmiş AB Ülkeleri ile Karşılaştırmalı Analizi

Author:
E. Murat Özgür
Publication Date:
12-2023
Content Type:
Journal Article
Journal:
Bilgi
Institution:
Sakarya University (SAU)
Abstract:
Amaç - Çalışmanın temel amacı, Türkiye’nin dijital ekonomiye adaptasyon sürecinin incelenmesidir. Türkiye AB adayı bir ülkedir. Bu nedenle birlik üyesi ülkeler ile karşılaştırma yapılmış, Türkiye’nin bu ül-keler karşısında hangi yönlerini geliştirmesi gerektiği tespit edilmeye çalışılmıştır. Eksik yönler belirlenerek bu eksiklikleri giderecek politikalar oluşturulursa Türkiye’nin dijital ekonomiye daha hızlı ve kolay adapte olması sağlanabilir. Yöntem/Metodoloji/Dizayn- Çalışmada, nitel analiz yöntemi kullanılmıştır. 2023 yılında yayınlanan en güncel Küresel İnovasyon Endeksi raporundaki göstergeler incelenmiştir. 2023 yılı raporuna göre genel endeks puanı en yüksek ve en düşük olan AB ülkeleri ile Türki-ye arasında karşılaştırma yapılmıştır. En yüksek puan İsveç’e, en düşük puan ise Romanya’ya aittir. Sonuçlar- Türkiye’nin dijital ekonomiye adaptasyon sürecinde özel-likle kurumsal kaliteyi artırması gerektiği ifade edilebilir Politik ve operasyonel istikrar, işten çıkarma maliyeti, iş yapma politikaları Türkiye’nin kurumlar boyutundaki zayıf yönlerini oluşturmaktadır. Ayrıca Türkiye’nin ekolojik sürdürülebilirlik konusunda AB ülkelerinin geri-sinde kaldığı, çevreye duyarlı bir ekonomik yapı oluşturma konusunda daha somut adımlar atması gerektiği görülmektedir. Katkı/Farklılıklar- Küresel İnovasyon Endeksi, ele alınan göstergelerin çeşitliliği ve inceleme yapılan ülke sayısı ile dijital ekonomiyi bütünsel olarak yansıtan ölçüm yöntemlerinden biridir. Bu endekste yer alan bütün boyut ve göstergeleri ayrıntılı olarak incelemesi, Türki-ye’nin AB ülkeleri karşısındaki durumu hakkında bilgi vermesi açısından çalışmanın önemli olduğu ifade edilebilir.
Topic:
Communications, European Union, Digital Economy, Innovation, and Information Technology
Political Geography:
Europe, Turkey, and Middle East

19. Place of crowdfunding in financing investment projects in Poland

Author:
Marcin Czugan, Michał Karwasiński, Jarosław Mizera, and Ewa Balcerowicz
Publication Date:
03-2023
Content Type:
Working Paper
Institution:
Center for Social and Economic Research - CASE
Abstract:
Crowdfunding for business ventures, commonly referred to interchangeably as investment crowdfunding or equity crowdfunding, is a young practice. It first appeared in the USA (in 2009), and is now a rapidly expanding market in developed economies. The first case of investment crowdfunding in Poland, historically the first issuance, took place in 2012, barely three years later than in the United States. Such crowdfunding is a form of raising capital from the market (from investors) for the development of companies by entrepreneurs or owners, acting as the issuers. Specialised companies (fintechs) creating so-called crowdfunding platforms for matching demand with supply – and where offerings are announced and transactions carried out – are the market’s intermediaries. The report we are releasing discusses the specifics of investment crowdfunding, or in other words how this form of raising funds differs from older forms of external financing for businesses. It also presents the potential and the role of crowdfunding for the development of the capital market in Poland, describing demand for this type of financing, the level of interest among investors, and what both demand and interest depend on. In November 2021, European regulations were introduced specifically for this new market. Our authors analyse how these regulations will affect the future of equity crowdfunding in Poland. This issue of mBank-CASE Seminar Proceedings, on crowdfunding in Poland, follows on from a seminar held in March 2022. Three guests at the seminar were experts participating directly in the development of this new component of Poland’s capital market, therefore possessing unique knowledge of the specifics of crowdfunding, and its strengths and limitations.
Topic:
Finance, Innovation, Economic Development, Private Sector, Knowledge Economy, and Crowdfunding
Political Geography:
Europe and Poland

20. New biotechnologies, allies for food safety in the face of climate change. Where does Europe stand?

Author:
Agnès Ricroch
Publication Date:
09-2023
Content Type:
Working Paper
Institution:
Robert Schuman Foundation (RSF)
Abstract:
The food market is currently marked by soaring prices and shortages due to supply shocks in the wake of the Covid-19 pandemic, but also to repeated extreme weather events linked to climate change; and finally, to geopolitical conflicts, in particular Russia's invasion of Ukraine. All innovations must be used to ensure food security, particularly for the European Union.
Topic:
Climate Change, Markets, European Union, Food Security, Innovation, and Biotechnology
Political Geography:
Europe