Economic growth in an enlarged Europe: the human capital and R&D dimensions
Achieving the objective of making the European Union the most competitive and dynamic knowledge-based economy is not an easy task, as it requires increasing levels of collaboration between academics and policy-makers. The Sapir Report (2004) represents an important step in this direction, showing how a solid, current-research-based European economic policy can be built.This paper highlights those factors that are potentially able to have a bearing on the private incentives to accumulate human and knowledge capital. It also suggests policies (complementary to the ones recommended in the Sapir Report) that can be put into use in order to accomplish the above-mentioned objective. Finally, the paper draws attention to some open questions (especially those related to the European patent policy), which probably require further reflection by both the economic profession and the policy-makers
Economic Growth, Enlarged Europe, Public Policy, Research and Development, Human Capital
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