Cover: Research, Innovation and Economic Growth

Research, Innovation and Economic Growth

R&D Policy Reforms and Strategies

Published in: European Commission, Research and Innovation Observatory - Horizon 2020 Policy Support Facility (2018). doi: 10.2777/167043

Posted on Dec 20, 2018

by Marco Hafner, Martin Stepanek, Advait Deshpande, Fay Dunkerley, Anton Spisak, Miaoqing Yang, Stuart Parris, Joanna Chataway

The Directorate General for Research and Innovation of the European Commission commissioned Deloitte and RAND Europe to undertake a study with the aim to better understand the impact of public policy on innovation. In particular, the objective of the study is twofold: enhance the evidence base around the impact of public policy on research and innovation; explore possible modifications in QUEST III to evaluate a number of innovation policies and reforms. This report focuses on the assessment of the impact of public policies and strategies such as performance-based funding and policies that enhance public-private R&D cooperation on R&D productivity. Furthermore, a satellite model is developed that could be integrated within QUEST III to facilitate evaluation of R&D policies on R&D productivity, innovation and other key macro-economic variables.

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