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Why European Innovation Policy?

In: Subsidiarity and Economic Reform in Europe

Author

Listed:
  • Albert Horst

    (CPB Netherlands Bureau for Economic Policy Analysis)

  • Arjan Lejour

    (CPB Netherlands Bureau for Economic Policy Analysis)

  • Bas Straathof

    (CPB Netherlands Bureau for Economic Policy Analysis)

Abstract

In March 2000 the Lisbon European Council defined the goal for the EU to become the ‘most competitive and dynamic knowledge-based economy in the world by 2010’. This has raised the question of how Member States can intensify investments in R&D, or more generally, of how they can become more innovative. One part of this question, which has been extensively investigated by Cornet et al. (2006), is which policies are likely to be successful in stimulating private R&D or in raising productivity. They showed for the Dutch economy that, among other policies, expansion of the provisions for starting innovating companies and expansion of public support for funds that supply small amounts of venture capital loans are likely to be successful.

Suggested Citation

  • Albert Horst & Arjan Lejour & Bas Straathof, 2008. "Why European Innovation Policy?," Springer Books, in: George Gelauff & Isabel Grilo & Arjan Lejour (ed.), Subsidiarity and Economic Reform in Europe, chapter 9, pages 143-156, Springer.
    • Handle: RePEc:spr:sprchp:978-3-540-77264-4_9
    DOI: 10.1007/978-3-540-77264-4_9
    as

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