This paper looks at the concentration of R&D spending among leading firms and warns that Europe is at risk from falling behind in R&D leadership in more technologically advanced sectors.
DG ECFIN's Fellowship Initiative 2018-2019 “The Productivity Challenge: Jobs and Incomes in the Dawning Era of Intelligent Robots” has solicited contributions examining current and possible future productivity developments in Europe. In view of possible hysteresis effects after the crisis and in the general context of ageing populations and globalisation, the aim has been to re-examine the ongoing trends and drivers and to identify policies to tap fully the potential for inclusive productivity growth. The fellowships have been awarded to prominent scholars in the field to interact with staff in ECFIN and other Commission colleagues, and to prepare final reports on specific research questions within this general topic.
Reinhilde Veugelers, KU Leuven
Information and identifiers
Discussion Paper 120. October 2019. Brussels. PDF. 32pp. Tab. Graph. Bibliogr. Free.
ISBN 978-92-79-11188-7 (online)
ISSN 2443-8022 (online)
JEL Classification: O33
2019 Fellowship Initiative Papers are written by external experts commissioned to write research papers, retaining complete academic independence, contributing to the discussion on economic policy and stimulating debate.
The views expressed in this document are solely those of the author(s) and do not necessarily represent the official views of the European Commission.