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Policy Contribution

Undercutting the future? European research spending in times of fiscal consolidation

Are R&D budgets being smartly used to address growth? How is the crisis affecting public Research & Development budgets across the EU?

By: Date: June 9, 2014 Topic: Digital economy and innovation

The crisis seems to have widened the gap between EU countries in public R&I expenditure. Even though the EU budget serves as mechanism to somewhat ease the growing public R&I divide in Europe – EU funds are relatively more significant for innovation-lagging countries with low national R&I budgets – it is crucial to assess whether the effectiveness of these R&I programmes.

Understanding the degree to which public R&I budgets in the EU have been used ‘smartly’ during the crisis and whether the EU has made ‘smart’ recommendations on public R&I in the European Semester requires an assessment of the long-term impact on growth.

Smart consolidation featuring R&I investment needs to take a long-term perspective and to have sound evaluation frameworks in place to assess whether the potential for high growth returns from public R&I are indeed being realised. Evaluating the effectiveness of public R&I budgets should go beyond assessing short-term additionality impacts. Smart fiscal consolidation by EU member states should include assessments of the longer-term social rates of return.

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Upcoming Event

Jun
7
10:30

Future of Work and Inclusive Growth Annual Conference

Annual Conference of the Future of Work and Inclusive Growth project

Speakers: Erik Brynjolfsson, Francis Green, Francis Hintermann, Ivailo Kalfin, Laura Nurski, J. Scott Marcus, Anoush Margaryan, Julia Nania, Poon King Wang, Fabian Stephany and Guntram B. Wolff Topic: Digital economy and innovation Location: Bruegel, Rue de la Charité 33, 1210 Brussels
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Past Event

Past Event

Adapting to European technology regulation: A conversation with Brad Smith, President of Microsoft

Invitation-only event featuring Brad Smith, President and Vice Chair of Microsoft who will discuss regulating big tech in the context of Europe's digital transformation

Speakers: Maria Demertzis and Brad Smith Topic: Digital economy and innovation Location: Bibliothéque Solvay, Rue Belliard 137A, 1000 Bruxelles Date: May 18, 2022
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Past Event

Past Event

COVID-19 and the shift to working from home: differences between the US and the EU

What changes has working from home brought on for workers and societies, and how can policy catch up?

Speakers: Jose Maria Barrero, Mamta Kapur, J. Scott Marcus and Laura Nurski Topic: Inclusive growth Location: Bruegel, Rue de la Charité 33, 1210 Brussels Date: April 28, 2022
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Podcast

Podcast

What to expect from China's innovation drive?

How much has China progressed technologically?

By: The Sound of Economics Topic: Digital economy and innovation, Global economy and trade Date: April 6, 2022
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Opinion

Global chip shortage may soon turn into an oversupply crisis

Only companies investing in advanced semiconductors will see their margins increase.

By: Alicia García-Herrero Topic: Global economy and trade Date: February 25, 2022
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Blog Post

The dark side of artificial intelligence: manipulation of human behaviour

Transparency over systems and algorithms, rules and public awareness are needed to address potential danger of manipulation by artificial intelligence.

By: Georgios Petropoulos Topic: Digital economy and innovation Date: February 2, 2022
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Working Paper

Market power and artificial intelligence work on online labour markets

In this working paper, the authors investigate three alternative but complementary indicators of market power on one of the largest online labour markets (OLMs) in Europe.

By: Néstor Duch-Brown, Estrella Gomez-Herrera, Frank Mueller-Langer and Songül Tolan Topic: Digital economy and innovation Date: December 16, 2021
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Past Event

Past Event

China’s medium term outlook: Will innovation save China from becoming old before it becomes rich?

What can China do to stop the deceleration of its economy. Is innovation the solution?

Speakers: Jean-Francois Di Meglio, Alicia García-Herrero and Guntram B. Wolff Topic: Digital economy and innovation, Global economy and trade Location: Bruegel, Rue de la Charité 33, 1210 Brussels Date: December 1, 2021
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External Publication

'In Situ' Data Rights

Privacy empowers individuals to control what is gathered and who sees it; portability permits analysis and creates competition. By moving our data to portals that would share more value in return, we might capture more of our data value. After all, that data concerns us.

By: Bertin Martens, Geoffrey Parker, Georgios Petropoulos and Marshall Van Alstyne Topic: Digital economy and innovation Date: December 1, 2021
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Policy Contribution

What is holding back artificial intelligence adoption in Europe?

To accelerate the roll-out of AI technology across the European Union, policymakers should alleviate constraints to adoption faced by firms, both in the environmental context and in the technological context.

By: Mia Hoffmann and Laura Nurski Topic: Digital economy and innovation Date: November 30, 2021
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Policy Contribution

Inclusive growth

Biometric technologies at work: a proposed use-based taxonomy

Technology may not have a significant negative impact on the quantity of jobs available to humans, but it certainly transforms them, changing how jobs are performed, with implications for workers’ quality of life and for productivity. Hence the focus shifts from a quantitative to a qualitative perspective.

By: Mario Mariniello and Mia Hoffmann Topic: Digital economy and innovation, Inclusive growth Date: November 17, 2021
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Working Paper

Towards efficient information sharing in network markets

In this paper, we turn our attention to market failure due to information asymmetry between platforms and their users and between competing platforms.

By: Bertin Martens, Geoffrey Parker, Georgios Petropoulos and Marshall Van Alstyne Topic: Digital economy and innovation Date: November 10, 2021
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