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Not all twins are identical: the digital layer of “twin” transition market applications

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  • Abbasiharofteh, Milad

    (University of Groningen)

  • Kriesch, Lukas

    (Justus Liebig University Giessen)

Abstract

A twin (a joint green and digital) transition aims to facilitate achieving the Green Deal goals. The interplay between regional capabilities and twin transition market applications remains understudied. This research utilizes Large Language Models to analyze web texts of more than 600,000 German firms, assessing whether their products contribute to the twin transition. Our findings suggest while AI capabilities benefit the twin transition market applications, clean technological capabilities play a significant role only in highly specialized regions. To facilitate future research and informed policymaking, we provide open access to our developed dataset and AI tools (i.e., the TwinTransition Mapper).

Suggested Citation

  • Abbasiharofteh, Milad & Kriesch, Lukas, 2024. "Not all twins are identical: the digital layer of “twin” transition market applications," Papers in Innovation Studies 2024/16, Lund University, CIRCLE - Centre for Innovation Research.
  • Handle: RePEc:hhs:lucirc:2024_016
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    More about this item

    Keywords

    Twin transition; TwinTransition Mapper; digital layer; technological capabilities;
    All these keywords.

    JEL classification:

    • C81 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs - - - Methodology for Collecting, Estimating, and Organizing Microeconomic Data; Data Access
    • C88 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs - - - Other Computer Software
    • O30 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - General
    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives

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