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Economic growth in an enlarged Europe: the human capital and R&D dimensions

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Author Info
Alberto BUCCI ()

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Abstract

Achieving the objective of making the European Union the most competitive and dynamic knowledge-based economy is not an easy task, as it requires increasing levels of collaboration between academics and policy-makers. The Sapir Report (2004) represents an important step in this direction, showing how a solid, current-research-based European economic policy can be built.This paper highlights those factors that are potentially able to have a bearing on the private incentives to accumulate human and knowledge capital. It also suggests policies (complementary to the ones recommended in the Sapir Report) that can be put into use in order to accomplish the above-mentioned objective. Finally, the paper draws attention to some open questions (especially those related to the European patent policy), which probably require further reflection by both the economic profession and the policy-makers

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Paper provided by Department of Economics University of Milan Italy in its series Departemental Working Papers with number 2004-22.

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Date of creation: 01 Jan 2004
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Handle: RePEc:mil:wpdepa:2004-22

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Related research
Keywords: Economic Growth; Enlarged Europe; Public Policy; Research and Development; Human Capital;

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Find related papers by JEL classification:
E61 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Policy Objectives; Policy Designs and Consistency; Policy Coordination
J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
O11 - Economic Development, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
O31 - Economic Development, Technological Change, and Growth - - Technological Change - - - Innovation and Invention: Processes and Incentives

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References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
  1. Bucci, Alberto & Saglam, H.C., 2000. "Growth Maximizing Patent Life-Time," Discussion Papers (IRES - Institut de Recherches Economiques et Sociales) 2000019, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES).
    Other versions:
  2. Park, Walter G, 1995. "International R&D Spillovers and OECD Economic Growth," Economic Inquiry, Oxford University Press, vol. 33(4), pages 571-91, October.
  3. Sveinbjörn Blöndal & Simon Field & Nathalie Girouard, 2002. "Investment in Human Capital Through Post-Compulsory Education and Training: Selected Efficiency and Equity Aspects," OECD Economics Department Working Papers 333, OECD, Economics Department. [Downloadable!]
  4. Zvi Griliches, 1980. "Returns to Research and Development Expenditures in the Private Sector," NBER Chapters, in: New Developments in Productivity Measurement, pages 419-462 National Bureau of Economic Research, Inc. [Downloadable!]
    Other versions:
  5. Andrea Bassanini & Stefano Scarpetta, 2001. "The Driving Forces of Economic Growth: Panel Data Evidence for the OECD Countries," Post-Print halshs-00168383_v1, HAL. [Downloadable!]
  6. Oecd, 2004. "Patents and Innovation: Trends and Policy Challenges," Levine's Working Paper Archive 122247000000000502, David K. Levine. [Downloadable!]
  7. Tamim Bayoumi & Douglas Laxton & Paolo Pesenti, 2004. "Benefits and spillovers of greater competition in Europe: a macroeconomic assessment," Staff Reports 182, Federal Reserve Bank of New York. [Downloadable!]
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  8. Olivier Blanchard, 2004. "The Economic Future of Europe," Journal of Economic Perspectives, American Economic Association, vol. 18(4), pages 3-26, Fall. [Downloadable!] (restricted)
    Other versions:
  9. Dearden, Lorraine & Reed, Howard & Van Reenen, John, 2000. "Who Gains when Workers Train? Training and Corporate Productivity in a Panel of British Industries," CEPR Discussion Papers 2486, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
    Other versions:
  10. Stephen M. Maurer & Suzanne Scotchmer, 2004. "Profit Neutrality in Licensing: The Boundary Between Antitrust Law and Patent Law," Law and Economics 0407001, EconWPA. [Downloadable!]
  11. Alberto BUCCI, 2004. "An inverted-U relationship between product market competition and growth in an extended Romerian model," Departemental Working Papers 2004-26, Department of Economics University of Milan Italy. [Downloadable!]
  12. Philippe Aghion & Nicholas Bloom & Richard Blundell & Rachel Griffith & Peter Howitt, 2002. "Competition and innovation: an inverted U relationship," IFS Working Papers W02/04, Institute for Fiscal Studies. [Downloadable!]
    Other versions:
  13. Nicoletti, Giuseppe & Scarpetta, Stefano, 2003. "Regulation, productivity, and growth : OECD evidence," Policy Research Working Paper Series 2944, The World Bank. [Downloadable!]
    Other versions:
  14. repec:att:wimass:1920030 is not listed on IDEAS
  15. Charles I. Jones & John C. Williams, 1998. "Measuring The Social Return To R&D," The Quarterly Journal of Economics, MIT Press, vol. 113(4), pages 1119-1135, November. [Downloadable!] (restricted)
    Other versions:
  16. Stephen M. Maurer & Suzanne Scotchmer, 2004. "Profit Neutrality in Licensing: The Boundary between Antitrust Law and Patent Law," NBER Working Papers 10546, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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