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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: Innovation & Competition Policy

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

Sep
2
14:30

Brave new digital industrial policy

Bruegel Annual Meetings, Day 2 - In this session our speakers will dicuss innovation and digitalisation.

Speakers: Francesca Bria, Kerstin Jorna, Marietje Schaake and Reinhilde Veugelers Topic: Innovation & Competition Policy Location: Palais des Académies, Rue Ducale 1, Brussels
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Blog Post

Workers can unlock the artificial intelligence revolution

Employers and artificial intelligence developers should ensure new technologies work for workers by making them trustworthy, easy to use and valuable in day-to-day work.

By: Mia Hoffmann and Laura Nurski Topic: Innovation & Competition Policy Date: June 30, 2021
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Working Paper

Platform mergers and antitrust

This paper sets out a framework for addressing competition concerns arising from acquisitions in big platform ecosystems. This is a June 2021 update of the same paper published in January 2021.

By: Geoffrey Parker, Georgios Petropoulos and Marshall Van Alstyne Topic: Innovation & Competition Policy Date: June 15, 2021
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Blog Post

The coming productivity boom

AI and other digital technologies have been surprisingly slow to improve economic growth. But that could be about to change.

By: Erik Brynjolfsson and Georgios Petropoulos Topic: Innovation & Competition Policy Date: June 10, 2021
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Opinion

Crypto… mania

Cryptocurrencies are here to stay but are unlikely to be considered a credible alternative to money anytime soon.

By: Maria Demertzis Topic: Finance & Financial Regulation Date: May 11, 2021
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Working Paper

Research and innovation policies and productivity growth

Can research and innovation policies power growth? The answer currently can only be a timid yes. Too little is known of what drives the actual effects of R&I policies.

By: Reinhilde Veugelers Topic: Innovation & Competition Policy Date: May 10, 2021
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Blog Post

Algorithmic management is the past, not the future of work

Algorithmic management is the twenty-first century’s scientific management. Job quality measures should be included explicitly in health and safety risk assessments for workplace artificial-intelligence systems.

By: Laura Nurski Topic: Innovation & Competition Policy Date: May 6, 2021
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Opinion

We need more bias in artificial intelligence

What makes one vision more desirable than another is not its neutrality, but whether it can better serve one’s goals in the context of where those goals are being pursued.

By: Mario Mariniello Topic: European Macroeconomics & Governance, Innovation & Competition Policy Date: April 21, 2021
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Past Event

Past Event

Protecting workers in the platform economy

How can we protect platform workers while preserving the opportunities and benefits that are generated by the sharing economy?

Speakers: Payal Dalal, Mario Mariniello, Diane Mulcahy, Ana Carla Pereira, Jacob Rudbäck and Shamina Singh Topic: Innovation & Competition Policy Date: February 24, 2021
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Working Paper

Platform mergers and antitrust

This paper sets out a framework for addressing competition concerns arising from acquisitions in big platform ecosystems.

By: Geoffrey Parker, Georgios Petropoulos and Marshall Van Alstyne Topic: Innovation & Competition Policy Date: January 26, 2021
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Policy Contribution

Racing against COVID-19: a vaccines strategy for Europe

This Policy Contribution proposes a staged support scheme to tackle the COVID-19 vaccine challenge and a moon shot programme to meet the challenge of future pandemics.

By: Reinhilde Veugelers and Georg Zachmann Topic: Innovation & Competition Policy Date: April 21, 2020
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Past Event

Past Event

The role of Cohesion policy in the fight against COVID-19 with Elisa Ferreira

How can cohesion funds help the National, regional and local communities that are on the frontline in countering the coronavirus and the resulting economic crisis.

Speakers: Jim Brunsden, Maria Demertzis and Elisa Ferreira Topic: European Macroeconomics & Governance Location: Bruegel, Rue de la Charité 33, 1210 Brussels Date: April 21, 2020
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