This open access book encompasses a collection of in-depth analyses
showcasing the challenges and ways forward for macroeconomic modelling
of R&D and innovation policies. Based upon the proceedings of the EC-DG
JRC-IEA workshop held in Brussels in 2017, it presents cutting-edge
contributions from a number of leading economists in the field. It
provides a comprehensive overview of the current academic and policy
challenges surrounding R&D as well as of the state-of-the-art modelling
techniques.
The book brings to the forefront outstanding issues related to the
assessment of the macroeconomic impact of R&D policies and its
modelling. It speaks to the rising importance of R&D and innovation
policy, and the proliferation of macroeconomic models featuring
endogenous technological change.
The contents of this book will be of interest to both academic and
policy audiences working in the fields of R&D and innovation.