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Industrial innovation for transformation: New science & policy insights

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Abstract

This article introduces the main challenges, the latest scientific evidence and policy issues, and the science and policy areas for industrial innovation to be further developed, and the role of industrial innovation in sustainability and prosperity in Europe. New innovations and integrated production structures need updated management practices. Territorial and economic disparities and the performance heterogeneity of firms depend on the differences in innovation diffusion and adoption rates. Mixed consequences on the labour force and structural inequalities arise out of advanced digitalisation, while sustainable technologies may have a significant positive impact on employment and industrial composition. Disruptive transformative EU policies should be set up to trigger the exploration of innovation with the highest possible economic, social, and employment returns. These should also be able to attract industrial investment.

Suggested Citation

  • Sara Amoroso & Zoltan Csefalvay & Mafini Dosso & Petros Gkotsis & Nicola Grassano & Pietro Moncada Paterno Castello & Dimitrios Pontikakis & Lesley Potters & Emanuele Pugliese, 2019. "Industrial innovation for transformation: New science & policy insights," JRC Research Reports jrc118831, Joint Research Centre.
    • Handle: RePEc:ipt:iptwpa:jrc118831
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    1. Pietro Moncada-Paterno-Castello & Sara Amoroso & Dimitris Pontikakis & Emanuele Pugliese & Alexander Tuebke, 2019. "Industrial Innovation for Transformation: 7th European Conference on Corporate R&D and Innovation CONCORDi 2019. Background Note," JRC Research Reports JRC117787, Joint Research Centre.
    2. Helene Dernis & Petros Gkotsis & Nicola Grassano & Shohei Nakazato & Mariagrazia Squicciarini & Brigitte van Beuzekom & Antonio Vezzani, 2019. "World Corporate Top R&D investors: Shaping the Future of Technologies and of AI," JRC Research Reports JRC117068, Joint Research Centre.
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    Keywords

    Industrial Research and innovation; transformation; sustainability and prosperity; science; economic; societal and policy challenges;
    All these keywords.

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