Which companies are ahead in frontiers innovation on critical technologies? Comparing China, the European Union and the United States
Alicia Garcia Herrero
Michal Krystyanczuk
Robin Schindowski
In this paper, Alicia García-Herrero, Michal Krystyanczuk, and Robin Schindowski study which Chinese, EU, and US firms are engaging in frontier innovation in artificial intleligence, semiconductors, and quantum computing.
Based on a methodology authors developed for a previous paper which leverages large language models to identify radical novelties in patents published by China, the EU, and the US, authors go on to identify specific entities responsible for these innovations. This paper dives deeper into the innovations ecosystems unique to China, the EU, and US which drive cutting technology, finding that unfortunately, European innovators lag in all three areas.
About authors
Alicia Garcia Herrero
Chief Economist for Asia Pacific at Natixis, Senior Fellow at Bruegel, Non-resident Senior Follow at the East Asian Institute, Adjunct Professor at the Hong Kong University of Science and Technology
Economist specialized in monetary and financial issues in emerging markets, banking crises and resolution strategies, financial development
Michal Krystyanczuk
Data Scientist at Bruegel
Specialist in Deep Learning and Big Data techniques for various AI tasks
Robin Schindowski
Research Assistant at Bruegel
Economist with a background in Chinese studies, specializing in China’s political economy and industrial organization