IRIS - Institutional Research Information System

Spending conditionality in the EU and in the US. Prospects on the EU fiscal integration

Since the adoption of NextGenerationEU (NGEU), the use of conditional spending as an internal EU governance device has spread significantly. Still, little attention has been paid to the potential legal risks stemming from the extensive use of conditionality regimes cutting across different policy areas. The ongoing uncertainty regarding the prospect of a broader EU fiscal integration makes reflection on conditionality governance even more urgent. What are the functions and risks of conditi...

European Strategic Autonomy and the Cross-Border Payments Market in the Era of Deglobalization

Persistent reliance of European financial institutions on non-EU payment networks highlights a critical vulnerability in the Union’s financial architecture. In an era of deglobalisation, sanctions warfare, and contested multilateralism, access to cross-border payment infrastructures may become a vector of geopolitical leverage. This in-depth analysis explores this emerging risk and argues that, while long-term strategies should aim at strategic autonomy, extending the extra-territorial reach...

Static and Dynamic BART for Rank-Order Data

Technological change, incumbent dominance, and knowledge base evolution in multi-technology industries: A patent analysis of the global automotive sector

Traditional models of creative destruction posit that established firms often stick to their dominant technology, exhibiting resistance to change even when new technologies emerge. However, recent perspectives challenge this view, suggesting that incumbents can adapt and innovate in response to technological disruption. This paper contributes to this debate by asking, "What factors influence incumbent firms' sustained market dominance amidst technological change?" We address this question by ...