Have a personal or library account? Click to login
Europe’s Race to the Frontier: Building a Growth Model of De-Risked Innovation Cover

Europe’s Race to the Frontier: Building a Growth Model of De-Risked Innovation

By: Mahdi Ghodsi  
Open Access
|Dec 2025

References

  1. Acemoglu, D., Akcigit, U., Hanley, D., & Kerr, W. (2016). Transition to clean technology. Journal of political economy, 124(1), 52–104.
  2. Aghion, P., & Howitt, P. (1992). A Model of Growth Through Creative Destruction. Econometrica: Journal of the Econometric Society, 323–351.
  3. Aghion, P., Dechezleprêtre, A., Hemous, D., Martin, R., & Van Reenen, J. (2016). Carbon taxes, path dependency, and directed technical change: Evidence from the auto industry. Journal of Political Economy, 124(1), 1–51.
  4. Alfaro, L., Chanda, A., Kalemli-Ozcan, S., & Sayek, S. (2010). Does foreign direct investment promote growth? Exploring the role of financial markets on linkages. Journal of development Economics, 91(2), 242–256.
  5. Castellani, D., & Zanfei, A. (2007). Internationalisation, innovation and productivity: how do firms differ in Italy? World Economy, 30(1), 156–176.
  6. Castelli, C., Davies, R. B., Ghodsi, M., & Mendoza, J. F. (2025). Drivers of FDI in the EU: Regulatory distance and revealed technological advantage. wiiw Working Paper, No. 264.
  7. Criscuolo, C., & Martin, R. (2009). Multinationals and US productivity leadership: Evidence from Great Britain. The Review of Economics and Statistics, 91(2), 263–281.
  8. Davies, R. B., Ghodsi, M., & Guadagno, F. (2025). Innovation interactions: Multinational spillovers and local absorptive capacity. wiiw Working Paper, No. 265. The Vienna Institute for International Economic Studies.
  9. Draghi, M., Buti, M., Terzi, A., Veugelers, R., Sapi, G., Benassi Qu, M., Vezzani, A., Gagliardi, D., & Egenhofer, C. (2024). The future of European competitiveness: Part B, In-depth analysis and recommendations. European Commission.
  10. Draghi, M., Buti, M., Terzi, A., Veugelers, R., Sapi, G., Benassi Qu, M., Vezzani, A., Gagliardi, D., & Egenhofer, C. (2024). The future of European competitiveness: Supporting analysis, Part A. A competitiveness strategy for Europe. European Commission.
  11. Exadaktylos, D., Riccaboni, M., & Rungi, A. (2024). Talents from abroad. Foreign managers and productivity in the United Kingdom. International Economics, 177, 100474.
  12. Ghodsi, M. (2024). Regulatory convergence within technical barriers to trade. The World Economy, 47(5), 1870–1915.
  13. Ghodsi, M., & Santeramo, F. (in press). SPS and TBT measures through the lens of bilateral and GVC-related regulatory distance. International Economics.
  14. Ghodsi, M., Stehrer, R., & Barišić, A. (2024). Assessing the impact of new technologies on wages and labour income shares. Technological forecasting and social change, 209, 123782.
  15. Ghodsi, M., Stehrer, R., & Barišić, A. (2024). Which migrant jobs are linked with the adoption of novel technologies, robotisation, and digitalisation? Technology in society, 78, 102647.
  16. Helpman, E., Melitz, M. J., & Yeaple, S. R. (2004). Export versus FDI with heterogeneous firms. American economic review, 94(1), 300–316.
  17. Javorcik, B. (2020), ‘Global supply chains will not be the same in the post-COVID-19 world’. In R. Baldwin and S. Evenett (eds), COVID-19 and trade policy: Why turning inward won’t work.
  18. Micocci, F., Ghodsi, M., & Rungi, A. (2025). FDI and innovation dynamics: The role of foreign corporate groups and technological pathways in domestic green innovation. wiiw working Paper, No. 266.
  19. OECD. (2025). Education at a glance 2025: OECD indicators. OECD Publishing.
  20. Tverdostup, M., Ghodsi, M., & Leitner, S. (2025). Migration vs. automation as an answer to labour shortages: Firm-level analysis for Austria. Global Strategy for Skills, Migration and Development (GS4S).
DOI: https://doi.org/10.2478/ie-2025-0063 | Journal eISSN: 1613-964X | Journal ISSN: 0020-5346
Language: English
Page range: 317 - 322
Published on: Dec 18, 2025
In partnership with: Paradigm Publishing Services
Publication frequency: 1 issue per year
Keywords:

© 2025 Mahdi Ghodsi, published by ZBW – Leibniz-Informationszentrum Wirtschaft
This work is licensed under the Creative Commons Attribution 4.0 License.