EU Research and Innovation Policies as Factors of Convergence or Divergence after the Crisis

Kincsö Izsak and Slavo Radosevic

Science and Public Policy, 2017, vol. 44, issue 2, 274-283

Abstract: The 2008 global financial and economic crisis has disturbed the evolution of research and innovation (R&I) policies in Europe and it continues to have significant consequences. This article reviews the evolution of and changes in R&I policy funding and measures before and in the aftermath of the crisis, and analyses reactions in three groups: Southern, Central-Eastern, and Northwest European country groups. Based on the analysis of the Erawatch-TrendChart Inventory, we show that the crisis induced three different responses. In Northwest Europe, it induced further support for R&I activities; in Southern Europe it led to the collapse of national public support and its substitution only to some extent by EU Structural Funds; and in Central-Eastern Europe to an apparently much stronger compensation effect. Overall, these trends suggest that R&I policies have operated as a factor of further divergence between Northwest and South, and as potential factor of convergence between Northwest and Central-East.

Keywords: crisis; research and innovation policies; convergence; divergence. (search for similar items in EconPapers)
Date: 2017
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Citations: View citations in EconPapers (11)

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Persistent link: https://EconPapers.repec.org/RePEc:oup:scippl:v:44:y:2017:i:2:p:274-283.

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