Public investment in new technologies: catalyst for economic resilience and competitiveness

The European Union faces challenges related to technological dependence, particularly in the absence of crucial technologies productions. To tackle these issues, the EU is working on initiatives that encourage domestic markets and provide more adaptable state aid policies.The paper discusses state aid for technology advancement, highlighting key elements such as the incentive effect and the introduction of the new Economic Security Strategy, which focuses on strengthening the European economic base. These initiatives are aligned with efforts to bolster Europe’s critical technology areas. To do this the State aid’s role has shifted towards enhancing economic resilience, moving beyond its previous function of fixing market issues. Nonetheless, the challenge of achieving technological independence in Europe persists, as foreign players maintain their lead in various technology sectors