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

  • Alberto BUCCI


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, Management and Quantitative Methods at Università degli Studi di Milano in its series Departmental Working Papers with number 2004-22.

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Date of creation: 01 Jan 2004
Date of revision:
Handle: RePEc:mil:wpdepa:2004-22
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  1. Alberto BUCCI & H. Cagri SAGLAM, 2000. "Growth Maximizing Patent Lifetime," Working Papers 138, Universita' Politecnica delle Marche (I), Dipartimento di Scienze Economiche e Sociali.
  2. 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.
  3. Giuseppe Nicoletti & Stefano Scarpetta, 2003. "Regulation, Productivity and Growth: OECD Evidence," OECD Economics Department Working Papers 347, OECD Publishing.
  4. Alberto BUCCI, 2004. "An inverted-U relationship between product market competition and growth in an extended Romerian model," Departmental Working Papers 2004-26, Department of Economics, Management and Quantitative Methods at Università degli Studi di Milano.
  5. Park, Walter G, 1995. "International R&D Spillovers and OECD Economic Growth," Economic Inquiry, Western Economic Association International, vol. 33(4), pages 571-91, October.
  6. Bayoumi, Tamim & Laxton, Doug & Pesenti, Paolo, 2004. "Benefits and Spillovers of Greater Competition in Europe: A Macroeconomic Assessment," CEPR Discussion Papers 4481, C.E.P.R. Discussion Papers.
  7. Oecd, 2004. "Patents and Innovation: Trends and Policy Challenges," Levine's Working Paper Archive 122247000000000502, David K. Levine.
  8. Stephen Maurer & Suzanne Scotchmer, . "Profit Neutrality in Licensing: The Boundary Between Antitrust Law and Patent Law," American Law & Economics Association Annual Meetings 1090, American Law & Economics Association.
  9. Olivier Blanchard, 2004. "The Economic Future of Europe," NBER Working Papers 10310, National Bureau of Economic Research, Inc.
  10. 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 Publishing.
  11. Howitt, Peter & Griffith, Rachel & Aghion, Philippe & Blundell, Richard & Bloom, Nick, 2005. "Competition and Innovation: An Inverted-U Relationship," Scholarly Articles 4481507, Harvard University Department of Economics.
  12. Charles I. Jones & John C. Williams, 1998. "Measuring the Social Return to R&D," The Quarterly Journal of Economics, Oxford University Press, vol. 113(4), pages 1119-1135.
  13. Andrea Bassanini & Stefano Scarpetta, 2001. "The Driving Forces of Economic Growth: Panel Data Evidence for the OECD Countries," Post-Print halshs-00168383, HAL.
  14. 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.
  15. Keely,L.C., 2000. "Using patents in growth models," Working papers 30, Wisconsin Madison - Social Systems.
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