Abstract:
We use large language models to rank how advanced China, the US and the EU are in key critical technologies by using patent data but control for the relevance of each patent. We also look into the speed of spillovers and which companies dominate for each country. This analysis is followed by policy conclusions for the three economic areas analyzed.
Biography:
Alicia García Herrero is the Chief Economist for Asia Pacific at French investment bank Natixis and is an independent Board Member of AGEAS insurance group. She also serves as Senior Fellow at the European think-tank BRUEGEL, as a non-resident Senior Follow at the East Asian Institute (EAI) of the National University Singapore (NUS), is Adjunct Professor at Hong Kong University of Science and Technology (HKUST), and an advisor to the Spanish government on economic affairs. Alicia is also a Member of the Board of the Center for Asia-Pacific Resilience and Innovation (CAPRI), a member of the Advisory Board of the Berlin-based Mercator Institute for China Studies (MERICS), an advisor to the Hong Kong Monetary Authority’s research arm (HKIMR) and a Member of the Council of the Focused Ultrasound Foundation (FUF). Previously, Alicia held the following positions: Chief Economist for Emerging Markets at Banco Bilbao Vizcaya Argentaria (BBVA), Member of the Asian Research Program at the Bank of International Settlements (BIS), Head of the International Economy Division of the Bank of Spain, Member of the Counsel to the Executive Board of the European Central Bank, Head of Emerging Economies at the Research Department at Banco Santander, and Economist at the International Monetary Fund. In her academic career, Alicia has served as visiting Professor at John Hopkins University (SAIS program), China-Europe International Business School (CEIBS) and Carlos III University. Alicia holds a PhD in Economics from George Washington University and has published extensively in refereed journals and books, as well as being a frequent commentator on various international media outlets.
We use large language models to rank how advanced China, the US and the EU are in key critical technologies by using patent data but control for the relevance of each patent. We also look into the speed of spillovers and which companies dominate for each country. This analysis is followed by policy conclusions for the three economic areas analyzed.