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Innovation policy and the business cycle

INNO-Grips Workshop:
Innovation Policy in an Anti-Cyclical Conjuncture

30th September 2010, 10:00 – 17:00 hrs
IW - Institut der deutschen Wirtschaft Köln
Konrad-Adenauer-Ufer 21, 50668 Köln, Germany

Proceedings

  Workshop summary (including list of participants)

Agenda

09:30 – 10:00

Registration & welcome coffee

10:00 – 10:30

Welcome and introduction

Welcome statement by the host

The PRO INNO Europe portal and the innovation policy framework of the European Commission, DG Enterprise and Industry
César Santos, European Commission, DG Enterprise and Industry

10:30 – 11:30

Innovation activity and the business cycle – the empirical evidence

This session discusses the behaviour of innovation actors in different phases of the business cycle. Questions to be discussed are: How is innovation linked with the business cycle in general? Does innovation facilitate recovering faster from economic downturns? What is the pattern of private innovation activity during the cycle?

Chair: Dr. Vera Erdmann, Institut der deutschen Wirtschaft Köln

Presentations / discussion:

  • Presentation of study results

    Dr. Roman Bertenrath., IW Consult
      Download [486 KB] 

  • Video statements of industry representatives
  • Discussion
 

 

Coffee break

11:45 – 13:00

Innovation policy as a means to combat economic downturns -
Part I: General considerations

This session discusses the case for and against the proactive use of innovation policy as a means to combat economic downturns. Key questions to be addressed are:

  • What are the major problems firms face during economic downturns concerning their innovation activities?
  • Can innovation policy be an effective measure to foster private sector’s innovation investments in a recession, and –if so– which instruments are most effective in different phases of the business cycle?
 
  • What are critical contextual factors to be considered? 


Chair
: Dr. Vera Erdmann, Institut der deutschen Wirtschaft Köln

Presentations / discussion:

  • Results of the INNO-Grips policy brief

    Dr. Oliver Koppel, Institut der deutschen Wirtschaft Köln
      Download [363 KB] 

  • A critical view on STI-policy and economic trends
    Dr. Mika Nieminen, VTT Technical Research Centre of Finland
      Download [620 KB] 

  • Discussant
    Professor Rossitsa Chobanova, Institute of Economics at the Bulgarian Academy of Sciences
      Download [69 KB] 

  • Discussion
 

 

Lunch break

14:00 – 15:30

Innovation policy as a means to combat economic downturns -
Part II: Policy case studies

In this session, specific experiences of countries / regions with regard to using innovation policy as a means to combat economic downturns will be discussed.

Chair: Hannes Selhofer, empirica GmbH

Presentations / discussion:

  • Finland and South Korea – case study synopsis of the study team
    René Arnold, IW Consult
      Download [491 KB]

 
  • Finnish STI Policy 2009-2011: Developing innovation dynamics
    Dr. Kai Husso, Finnish Research and Innovation Council
      Download [836 KB]

 
  • Discussion: what lessons can be learned / generalised from these examples?
 

 

Coffee break

15:45 – 16:45

Conclusions for future innovation policy design

This session discusses practical implications for future innovation policy, based on the evidence presented and discussed in the first two sessions. Key questions to be addressed are:

  • Are there specific policy instruments that can be recommended in different business cycle contexts?
  • Provided that there is a case for anti-cyclical innovation policy, what are critical success factors, opportunities and risks that need to be taken into account?
  • Are there any best practice examples to learn from? What are lessons that can be generalised from these examples?


Chair
: Hannes Selhofer, empirica GmbH

Presentations / discussion:

  • Conclusions and recommendations of the INNO-Grips policy brief

    Dr. Thorsten Lang / René Arnold, IW Consult
      Download [512 KB] 

  • Discussion
 
  • Concluding remarks and outlook
    César Santos, European Commission, DG Enterprise and Industry