Investment in innovation for European recovery: a public policy priority

Archibugi, Daniele and Filippetti, Andrea and Frenz, Marion (2018) Investment in innovation for European recovery: a public policy priority. Working Paper. IRPPS-CNR, Roma.

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The 2008 crisis had severe consequences in Europe, especially for investment, including investments in R&D and innovation. We argue that there are large scientific and technological opportunities that could pave the way to a new stage of social development and economic growth, but they need appropriate economic policies to be seized. A European recovery can come from developing and exploiting these opportunities, but to do so requires a large public programme of investment in R&D and innovation that attracts businesses to invest further. The European Union could play a crucial role in this process by pursuing the ambitious goals outlined by the European Council in the Lisbon (2000) and Barcelona (2002) summits, which unfortunately were abandoned as a consequence of the economic crisis and the austerity measures. Powerful instruments, such as the Juncker investment plan, and the proposed 2021-2027 Framework Programme Horizon Europe, can provide the right kind of stimulus. A re-organization of the governance of the European innovation and competence building through a proper Council at the EU level is essential.

Item Type: Monograph (Working Paper)
Additional Information: Fa parte di: IRPPS Working papers (110/2018) - ISSN: 2240-7332
Uncontrolled Keywords: R&S; Unione Europea; Piano Juncker; Programmi quadro di ricerca e sviluppo tecnologico dell’UE; Politica della ricerca; Politica dell’innovazione
Subjects: 300 Scienze sociali > 330 Economia > 338 Produzione (Classificare qui le opere interdisciplinari sull'industria, sulla produzione, sui sistemi di produzione)
Depositing User: Chiara D'Arpa
Date Deposited: 17 Sep 2018 10:19
Last Modified: 17 Sep 2018 10:19

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