With the lack of results comes fatigue, waning interest and mounting criticism about policy. Should the EU abandon its ambition to become the most innovative region in the world?
Rienhilde Veugelers examines EU member state research and innovation policies. She assesses whether the deployment of innovation policy instruments in EU countries matches their innovation capacity performance relative to other EU countries.
She finds a relative homogeneity of policy mixes in EU countries, despite the fairly wide and stable differences in their innovation capacities.
The analysis therefore provides a rationale for a more comprehensive review of innovation policy mixes to assess their adequacy in addressing country specific innovation challenges.
Read the full Bruegel Working Paper: Mixing and matching research and innovation policies in EU countries.