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SCience, Innovation, FIrms and markets in a GLObalized World

Objective

In 2000, EU leaders committed to the objective of making Europe ‘the most dynamic and competitive knowledge-based economy in the world, capable of sustainable economic growth, with more and better jobs, greater social cohesion and respect for the environment.’ They drew up the ‘Lisbon agenda’ to achieve this goal by 2010. The central strategy was based on policies to encourage investment in knowledge. Knowledge as a public good with potential spillovers is the rationale behind intellectual property protection and subsidies for investments in innovations that will potentially lead to high spillovers. University research that creates basic knowledge is a leading example of this. But research shows that spillovers are also generated from private firms’ R&D and that firms can therefore benefit from the presence of more innovative and more productive firms. But which universities and which firms are more innovative? And how does globalization influence the answer to these questions? Finally, how can policy influence the innovation process? This project aims at answering these questions, without forgetting their implications in terms of income inequality and volatility, which impacts on the political sustainability of the innovation dynamics.To do this, the first part of the project will focus more specifically on the knowledge sector itself. This second part of the project will look at the ‘bigger picture’, looking at the overall organization of firms in the global knowledge economy, as well as its implications on markets and inequality. The third part will contain a summary and policy recommendations: while the project brings together researchers at the frontier of academic knowledge on these topics, its outcomes will be highly policy-relevant. We plan to end the project with a summary and set of policy conclusions on research and innovation in the global knowledge economy.

Field of science

  • /social sciences/economics and business/business and management/commerce

Call for proposal

FP7-SSH-2007-1
See other projects for this call

Funding Scheme

CP-FP - Small or medium-scale focused research project

Coordinator

THE CENTRE FOR ECONOMIC POLICY RESEARCH
Address
33 2Nd Floor 33 Great Sutton Street
EC1V 0DX London
United Kingdom
Activity type
Research Organisations
EU contribution
€ 249 278,50
Administrative Contact
Vivian Davies (Mr.)

Participants (9)

LUDWIG-MAXIMILIANS-UNIVERSITAET MUENCHEN
Germany
EU contribution
€ 90 720
Address
Geschwister Scholl Platz 1
80539 Muenchen
Activity type
Higher or Secondary Education Establishments
Administrative Contact
Dalia Marin (Prof.)
UNIVERSITE LIBRE DE BRUXELLES
Belgium
EU contribution
€ 100 800
Address
Avenue Franklin Roosevelt 50
1050 Bruxelles
Activity type
Higher or Secondary Education Establishments
Administrative Contact
Andre Sapir (Prof.)
KATHOLIEKE UNIVERSITEIT LEUVEN
Belgium
EU contribution
€ 86 400
Address
Oude Markt 13
3000 Leuven
Activity type
Higher or Secondary Education Establishments
Administrative Contact
Marion Wolpers (Ms.)
LONDON SCHOOL OF ECONOMICS AND POLITICAL SCIENCE
United Kingdom
EU contribution
€ 141 120
Address
Houghton Street 1
WC2A 2AE London
Activity type
Higher or Secondary Education Establishments
Administrative Contact
Bhimla Dheermojee (Ms.)
CENTRE NATIONAL DE LA RECHERCHE SCIENTIFIQUE CNRS
France
EU contribution
€ 78 377
Address
Rue Michel Ange 3
75794 Paris
Activity type
Research Organisations
Administrative Contact
Nathalie Collain (Ms.)
UNIVERSITEIT MAASTRICHT
Netherlands
EU contribution
€ 85 312,50
Address
Minderbroedersberg 4-6
6200 MD Maastricht
Activity type
Higher or Secondary Education Establishments
Administrative Contact
Wilma Coenegrachts (Ms.)
UNIVERSIDAD CARLOS III DE MADRID
Spain
EU contribution
€ 85 523
Address
Calle Madrid 126
28903 Getafe (Madrid)
Activity type
Higher or Secondary Education Establishments
Administrative Contact
Regina Garcia Beato (Ms.)
KOZGAZDASAG- ES REGIONALIS TUDOMANYI KUTATOKOZPONT
Hungary
EU contribution
€ 111 703
Address
Toth Kalman Utca 4
1097 Budapest
Activity type
Higher or Secondary Education Establishments
Administrative Contact
László Halpern (Dr.)
FONDATION JEAN JACQUES LAFFONT,TOULOUSE SCIENCES ECONOMIQUES
France
EU contribution
€ 86 400
Address
5E Etage, 1 Esp De L'universite
31080 Toulouse
Activity type
Research Organisations
Administrative Contact
Marc Ivaldi (Prof.)