Recent innovation trends in the German economy

In my institute we’re conducting the German part of the Community Innnovation Survey–a pan-European survey about the R&D activities of firms. This week the final report for the 2015 survey wave got published with data for 2012 until 2014. It shows that not much has changed in 2014 compared to 2013. In total, German firms spent 145 billion euro on reserach and innovation activities. Continue reading Recent innovation trends in the German economy

Aghion’s new Growth Pact for Europe

Philippe Aghion and Ufuk Akcigit have a brand-new draft of a survey* about innovation and growth from a Schumpeterian perspective which they will present on a conference in Brussels next week. It does not differ much from already existing reviews of Schumpeterian growth models. But at the end they add a section on policy advice for Europe which is an interesting read. Continue reading Aghion’s new Growth Pact for Europe