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Long-term growth through research and innovation

Author

Listed:
  • Ann-Kristin Achleitner
  • Jutta Allmendinger
  • Hariolf Grupp
  • Dietmar Harhoff
  • Patrick Llerena
  • Joachim Luther

Abstract

Dietmar Harhoff, LMU and member of the Expert Commission for Research and Innovation, see the need for action in innovation financing and in knowledge and technology transfer. Since Germany concentrates too much on incremental and not enough on radical innovations, the taxation system should be made "more equity and innovation friendly" and the general conditions for venture capital should be improved. In technology transfer, support for public private partnerships should be expanded, the handling of innovation protection in patent law should be improved and the participation of universities in spin-off companies should be facilitated. Also in innovation policies it has become clear that the state can contribute to improving long-term growth prospects by better general conditions for business start-ups and radical innovations.

Suggested Citation

  • Ann-Kristin Achleitner & Jutta Allmendinger & Hariolf Grupp & Dietmar Harhoff & Patrick Llerena & Joachim Luther, 2009. "Long-term growth through research and innovation," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 62(10), pages 16-22, May.
  • Handle: RePEc:ces:ifosdt:v:62:y:2009:i:10:p:16-22
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    More about this item

    JEL classification:

    • O10 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - General
    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D

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