Drivers and Impediments for Innovation in Europe
INTERECONOMICS, Vol 45, No. 5, September/October 2010
by Knut Blind, Luke Georghiou, Mathias Dewatripont, Bruno van Pottelsberghe de la Potterie, André Sapir, Reinhilde Veugelers, Felix Roth, Faridah Djellal, Faïz Gallouj, Annaflavia Bianchi, Paolo Pini
The EU 2020 strategy relies on innovation as the core driver of economic dynamics. The present Forum discusses the strategies established by the European Commission and the member states for the intensifi cation of innovative activities. Analyses of often neglected aspects of innovation policy, such as measurement of intangible investments, service innovation and a regional innovation system complement the picture.
by Eckehard Rosenbaum
Positive spillovers from structural and other reforms fi gure among the key reasons for the Lisbon and the Europe 2020 Strategies. This paper investigates the theoretical and empirical evidence for such spillovers and shows that the need for coordination in some policy areas is less evident than commonly assumed, whereas in others a lack of coordination is at the root of persistent economic imbalances.
by Donato Masciandaro
There is general agreement that financial regulation and supervision must be improved. But are the proposed reforms adequate to the task? What criteria should they fulfil in order to be effective?