Macroeconomic Models for Research and Innovation Policy: The Present and the Future

Cristiana Benedetti Fasil (), Roberto Martino (), Roberto Ravet () and Miguel Sanchez-Martinez ()
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Cristiana Benedetti Fasil: European Commission
Roberto Martino: European Commission
Roberto Ravet: European Commission
Miguel Sanchez-Martinez: European Commission

EU research and innovation paper series from Directorate General for Research and Innovation (DG RTD) of the European Commission

Abstract: This paper provides a brief overview of the modelling platforms used by the European Commission for the impact assessment of R&D and innovation policies, discussing the advantages and limitations of the main models presently at use. The theoretical description is also accompanied by an example of model-based impact simulations of actual policies implemented by the EU, with focus on the European Commission's future Framework Programme, Horizon Europe. The R&D development agenda is also delineated by describing the initiatives of DG Research and Innovation and DG Joint Research Centre.

Keywords: macroeconomic modelling; innovation policy; technology; foresight; public policy; evaluation; impact assessment (search for similar items in EconPapers)
JEL-codes: O11 O12 O31 O38 (search for similar items in EconPapers)
Pages: 29 pages
Date: 2020-08
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Persistent link: https://EconPapers.repec.org/RePEc:eug:wpaper:ki-bd-20-013-en-n

DOI: 10.2777/339051

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