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    Investment in innovation for European recovery: a public policy priority

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

    Archi, Fili, Frenz, Innovative investment for the European economic recovery, IRPPS-WP.pdf - Published Version of Record

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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: Series ISSN: 2240-7332
    School: Birkbeck Faculties and Schools > Faculty of Business and Law > Birkbeck Business School
    Research Centres and Institutes: Innovation Management Research, Birkbeck Centre for
    Depositing User: Daniele Archibugi
    Date Deposited: 19 Jun 2019 12:35
    Last Modified: 02 Aug 2023 17:48


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