As the crisis continues to ricochet around the world and unemployment stays elevated, the threat of protectionism rises. As the latest WTO report on G20 trade measures (WTO 2012) and the GTA database confirm (Evenett 2012), the threat is real. Trade barriers are rising.
Why trade policy matters for firms’ R&D investment
Andreas Moxnes, Karen-Helene Ulltveit-Moe, Esther Ann Bøler, 18 July 2012
The inconsistent Europe 2020 and research strategy
Ramon Marimon, 12 March 2012
The European Parliament and EU member states are now discussing the Framework Programme (2014–2020), proposed by the European Commission. Unless the current text is properly amended, funding for research in social sciences will almost completely disappear from the main ‘cooperative research’ (now ‘Societal Challenges’) programme.
An economic evaluation of the war on cancer
Eric Sun, Anupam B Jena, Tomas Philipson , Darius Lakdawalla, Carolina Reyes, Dana Goldman , 11 January 2010
Current efforts at healthcare reform in the US have forced policymakers and stakeholders alike to justify healthcare dollars. As evidence builds on the costs and benefits of specific medical treatments, companies must increasingly demonstrate that the therapies they produce indeed generate health benefits in excess of their (often large) costs.
Where does energy R&D come from?
David Popp, 26 November 2009
Throughout the world, proposals to reduce carbon emissions include increased research and development (R&D) funding. President Obama proposes spending an additional $150 billion on energy R&D over the next ten years, compared to current funding levels of about $5 billion per year.
Patenting strategies and the value of European patents
Bruno van Pottelsberghe de la Potterie, Nicolas van Zeebroeck, 11 October 2008
Different authors have recently emphasised the plausible decline in the average value or quality of patents filed around the world (see e.g. Jaffe and Lerner 2004; Guellec and van Pottelsberghe 2007). This trend is apparently due to a growing propensity to file patent applications (as illustrated with the curve in Figure 1 below, which represents a fast growing patent–to-R&D ratio).
Policymakers and the R&D-patent relationship
Bruno van Pottelsberghe de la Potterie, Gaétan de Rassenfosse, 1 June 2008
Scholars studying innovation generally consider patents an imperfect indicator of research efforts. Mansfield (1986) and Griliches (1990), amongst others, underlined that not all inventions are patentable – and not all patentable inventions are patented.
Europe’s R&D: Missing the wrong targets?
Bruno van Pottelsberghe de la Potterie, 6 March 2008
Recent empirical evidence has demonstrated a positive link between an industry’s proximity to the technological frontier and its R&D effort.1 The idea is that R&D intensity increases close to the technological frontier because firms’ survival depends on their ability to innovate.
What is the top priority on climate change?
Paul Klemperer, 13 December 2007
As the developing world ramps up its greenhouse-gas emissions, what should our top priority in climate-change policy be?
The quality challenge in the European patent system
Bruno van Pottelsberghe de la Potterie, 10 December 2007
For the European patent office, the year 2006 was marked by a new record in the number of patent filings, which was well above 200,000 applications: a 150% increase since 1995 (cf. figure on European filings). Concomitant to this boom in the number of filings is the constant increase in the average size of patent applications. For instance, Archontopoulos et al.
The value of R&D and patents in European firms
Bronwyn H. Hall, Grid Thoma , Salvatore Torrisi, 16 November 2007
One implication of the growth of the “knowledge economy” is that the composition of the assets of a modern corporation has shifted towards intangibles and away from tangibles.
- Fiscal consolidation: At what speed?Blanchard, Leigh
- Public debt and economic growth, one more timePanizza, Presbitero
- Escaping liquidity traps: Lessons from the UK’s 1930s escapeCrafts
- The lessons of the North Atlantic crisis for economic theory and policyStiglitz
- Rethinking macroeconomic policyBlanchard
- A tale of two depressions: What do the new data tell us? February 2010 updateEichengreen, O’Rourke
- Educated in America: College graduates and high school dropoutsHeckman, LaFontaine
- Eurozone breakup would trigger the mother of all financial crisesEichengreen
- Debt, deleveraging, and the liquidity trap: A new modelKrugman
- Panic-driven austerity in the Eurozone and its implicationsDe Grauwe, Ji
Reichlin, Baldwin, 14 April 2013
Reichlin, Turner, Woodford