IDEAS home Printed from https://ideas.repec.org/p/jrs/wpaper/202402.html
   My bibliography  Save this paper

Towards a Framework for a New Research Ecosystem

Author

Listed:
  • Savona, Roberto

    (University of Brescia)

  • Alberini, Cristina Maria

    (Center for Neural Science, New York University)

  • Alessi, Lucia

    (European Commission)

  • Baussano, Iacopo

    (International Agency for Research on Cancer)

  • Dellaportas, Petros

    (University College London and Athens University of Economics and Business)

  • Guerra, Ranieri

    (National Academy of Medicine, Italy)

  • Khozin, Sean

    (Laboratory for Financial Engineering, MIT)

  • Modena, Andrea

    (University of Mannheim)

  • Pecorelli, Sergio

    (University of Brescia)

  • Rasi, Guido

    (University of Rome Tor Vergata)

  • Siviero, Paolo Daniele

    (Farmindustria)

  • Stein, Roger M.

    (New York University)

Abstract

A major gap exists between the conceptual suggestion of how much a nation should invest in science, innovation, and technology, and the practical implementation of what is done. We identify 4 critical challenges that must be address in order to develop an environment conducive to collaboration across organizations and governments, while also preserving commercial rewards for investors and innovators, in order to move towards a new Research Ecosystem.

Suggested Citation

  • Savona, Roberto & Alberini, Cristina Maria & Alessi, Lucia & Baussano, Iacopo & Dellaportas, Petros & Guerra, Ranieri & Khozin, Sean & Modena, Andrea & Pecorelli, Sergio & Rasi, Guido & Siviero, Paolo, 2024. "Towards a Framework for a New Research Ecosystem," JRC Working Papers in Economics and Finance 2024-02, Joint Research Centre, European Commission.
  • Handle: RePEc:jrs:wpaper:202402
    as

    Download full text from publisher

    File URL: https://publications.jrc.ec.europa.eu/repository/handle/JRC134830
    Download Restriction: no
    ---><---

    Other versions of this item:

    • Roberto Savona & Cristina Maria Alberini & Lucia Alessi & Iacopo Baussano & Petros Dellaportas & Ranieri Guerra & Sean Khozin & Andrea Modena & Sergio Pecorelli & Guido Rasi & Paolo Daniele Siviero & , 2023. "Towards a Framework for a New Research Ecosystem," Papers 2312.07065, arXiv.org, revised Dec 2023.

    References listed on IDEAS

    as
    1. Romer, Paul M, 1986. "Increasing Returns and Long-run Growth," Journal of Political Economy, University of Chicago Press, vol. 94(5), pages 1002-1037, October.
    2. Nicholas Bloom & Charles I. Jones & John Van Reenen & Michael Webb, 2020. "Are Ideas Getting Harder to Find?," American Economic Review, American Economic Association, vol. 110(4), pages 1104-1144, April.
    3. Philippe Aghion & Mathias Dewatripont & Jeremy C. Stein, 2008. "Academic freedom, private‐sector focus, and the process of innovation," RAND Journal of Economics, RAND Corporation, vol. 39(3), pages 617-635, September.
    4. David E. Fagnan & Jose Maria Fernandez & Andrew W. Lo & Roger M. Stein, 2013. "Can Financial Engineering Cure Cancer?," American Economic Review, American Economic Association, vol. 103(3), pages 406-411, May.
    5. Mathias Dewatripont, 2022. "Which Policies for Vaccine Innovation and Delivery in Europe ?," Working Papers ECARES 2022-14, ULB -- Universite Libre de Bruxelles.
    6. Adam Marblestone & Anastasia Gamick & Tom Kalil & Cheryl Martin & Milan Cvitkovic & Samuel G. Rodriques, 2022. "Unblock research bottlenecks with non-profit start-ups," Nature, Nature, vol. 601(7892), pages 188-190, January.
    7. Timothy Gowers & Michael Nielsen, 2009. "Massively collaborative mathematics," Nature, Nature, vol. 461(7266), pages 879-881, October.
    8. Romer, Paul M, 1990. "Endogenous Technological Change," Journal of Political Economy, University of Chicago Press, vol. 98(5), pages 71-102, October.
    9. Paul D. Childs & Alexander J. Triantis, 1999. "Dynamic R&D Investment Policies," Management Science, INFORMS, vol. 45(10), pages 1359-1377, October.
    10. Gersbach, Hans & Schneider, Maik T., 2015. "On the global supply of basic research," Journal of Monetary Economics, Elsevier, vol. 75(C), pages 123-137.
    11. Gersbach, Hans & Schetter, Ulrich & Schmassmann, Samuel, 2023. "From local to global: A theory of public basic research in a globalized world," European Economic Review, Elsevier, vol. 160(C).
    12. Josh Lerner & Julie Wulf, 2007. "Innovation and Incentives: Evidence from Corporate R&D," The Review of Economics and Statistics, MIT Press, vol. 89(4), pages 634-644, November.
    13. Adams, James D, 1990. "Fundamental Stocks of Knowledge and Productivity Growth," Journal of Political Economy, University of Chicago Press, vol. 98(4), pages 673-702, August.
    14. Monya Baker, 2016. "1,500 scientists lift the lid on reproducibility," Nature, Nature, vol. 533(7604), pages 452-454, May.
    15. Tian, Gloria Y. & Twite, Garry, 2011. "Corporate governance, external market discipline and firm productivity," Journal of Corporate Finance, Elsevier, vol. 17(3), pages 403-417, June.
    16. Jim A. Harris & David Denyer & Simon Harwood & Graham Braithwaite & Simon Jude & Paul Jeffrey, 2020. "Time to invest in global resilience," Nature, Nature, vol. 583(7814), pages 30-30, July.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Gersbach, Hans & Schetter, Ulrich & Schmassmann, Samuel, 2023. "From local to global: A theory of public basic research in a globalized world," European Economic Review, Elsevier, vol. 160(C).
    2. Christoph Meister & Bart Verspagen & Guntram B. Wolff, 2006. "European Productivity Gaps: Is R&D the Solution?," Chapters, in: Susanne Mundschenk & Michael H. Stierle & Ulrike Stierle-von Schütz & Iulia Traistaru-Siedschlag (ed.), Competitiveness and Growth in Europe, chapter 8, Edward Elgar Publishing.
    3. Diemer, Andreas & Regan, Tanner, 2022. "No inventor is an island: Social connectedness and the geography of knowledge flows in the US," Research Policy, Elsevier, vol. 51(2).
    4. Marin, Giovanni & Vona, Francesco, 2023. "Finance and the reallocation of scientific, engineering and mathematical talent," Research Policy, Elsevier, vol. 52(5).
    5. G Cameron, 1996. "Innovation and Economic Growth," CEP Discussion Papers dp0277, Centre for Economic Performance, LSE.
    6. Nathalie Taverdet-Popiolek, 2022. "Economic Footprint of a Large French Research and Technology Organisation in Europe: Deciphering a Simplified Model and Appraising the Results," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 13(1), pages 44-69, March.
    7. Grégory Donnat & Maxime Menuet & Alexandru Minea & Patrick Villieu, 2025. "Does Public Debt Impair Total Factor Productivity?," GREDEG Working Papers 2025-26, Groupe de REcherche en Droit, Economie, Gestion (GREDEG CNRS), Université Côte d'Azur, France.
    8. Robert Huggins & Hiro Izushi, 2013. "Knowledge-based Development in Leading Regions across the Globe: An Exploratory Analysis of the co-Evolution of Resources, Capabilities and Outputs," Urban Studies, Urban Studies Journal Limited, vol. 50(5), pages 1030-1048, April.
    9. Robert Huggins & Hiro Izushi, 2009. "Regional Benchmarking in a Global Context: Knowledge, Competitiveness, and Economic Development," Economic Development Quarterly, , vol. 23(4), pages 275-293, November.
    10. Richard M. H. Suen, 2013. "Research Policy and U.S. Economic Growth," Working papers 2013-18, University of Connecticut, Department of Economics.
    11. Gries, Thomas & Fritz, Marlon & Wiechers, Lukas, 2023. "Growth with Mismatch - Theory and Evidence from TFP Estimates," VfS Annual Conference 2023 (Regensburg): Growth and the "sociale Frage" 277660, Verein für Socialpolitik / German Economic Association.
    12. Carillo, Maria Rosaria & Papagni, Erasmo, 2014. "“Little Science” and “Big Science”: The institution of “Open Science” as a cause of scientific and economic inequalities among countries," Economic Modelling, Elsevier, vol. 43(C), pages 42-56.
    13. Joseph Zeira, 2011. "Innovations, patent races and endogenous growth," Journal of Economic Growth, Springer, vol. 16(2), pages 135-156, June.
    14. Hemert, P. van & Nijkamp, P., 2008. "Thematic research prioritization in the EU and the Netherlands: an assessment on the basis of content analysis," Serie Research Memoranda 0023, VU University Amsterdam, Faculty of Economics, Business Administration and Econometrics.
    15. Pintu Parui & Klaus Prettner, 2025. "Public provision of healthcare and basic research: What are the joint effects on economic growth and welfare?," Journal of Economic Growth, Springer, vol. 30(3), pages 383-415, September.
    16. Barbara Annicchiarico & Valentina Antonaroli & Alessandra Pelloni, 2022. "Optimal factor taxation in a scale free model of vertical innovation," Economic Inquiry, Western Economic Association International, vol. 60(2), pages 794-830, April.
    17. G Medda & C. Piga, 2004. "R&S e spillover industriali: un'analisi sulle imprese italiane," Working Paper CRENoS 200406, Centre for North South Economic Research, University of Cagliari and Sassari, Sardinia.
    18. Maria Rosaria Carillo & Erasmo Papagni, 2004. "Academic Research, Social Interactions And Economic Growth," Working Papers 10_2004, D.E.S. (Department of Economic Studies), University of Naples "Parthenope", Italy.
    19. Parteka, Aleksandra & Kordalska, Aleksandra, 2023. "Artificial intelligence and productivity: global evidence from AI patent and bibliometric data," Technovation, Elsevier, vol. 125(C).
    20. Jakub Growiec, 2023. "Industry 4.0? Framing the Digital Revolution and Its Long-Run Growth Consequences," Gospodarka Narodowa. The Polish Journal of Economics, Warsaw School of Economics, issue 4, pages 1-16.

    More about this item

    Keywords

    ;
    ;

    JEL classification:

    • O3 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:jrs:wpaper:202402. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Peter Benczur (email available below). General contact details of provider: https://edirc.repec.org/data/ipjrces.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.