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    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. Birkbeck College, University of London, London, UK.

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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 and economic development, but they need appropriate public policies to be seized. A European recovery can come from developing and exploiting these opportunities, but to do so requires a large governmental programme of investm ent 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 unf ortunately 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: BWPMA 1802, ISSN: 2052-0581
    Keyword(s) / Subject(s): R&D, European Union, Juncker Plan, EU Framework Programmes for Research and Technological Development , Re search policy, Innovation policy
    School: Birkbeck Faculties and Schools > Faculty of Business and Law > Birkbeck Business School
    Research Centres and Institutes: Innovation Management Research, Birkbeck Centre for, Responsible Business Centre
    Depositing User: Administrator
    Date Deposited: 24 Sep 2018 08:27
    Last Modified: 01 Jul 2024 07:58


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