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The macroeconomic impact of government innovation policies: A quantitative assessment

Deleidi, Matteo; De Lipsis, Vincenzo; Mazzucato, Mariana; Ryan-Collins, Josh; Agnolucci, Paolo; (2019) The macroeconomic impact of government innovation policies: A quantitative assessment. (Policy Report: IIPP 2019-06 ). UCL Institute for Innovation and Public Purpose: London, UK. Green open access

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Abstract

In this report, we introduce a new theoretical framework for understanding the links between fiscal policy and innovation, arguing that ‘mission-oriented’ innovation policy, which focusses on concrete societal problems that can only be solved by multiple sectors interacting in new ways, can generate very large economic returns—so called ‘supermultiplier’ impacts.

Type: Report
Title: The macroeconomic impact of government innovation policies: A quantitative assessment
Open access status: An open access version is available from UCL Discovery
Publisher version: https://www.ucl.ac.uk/bartlett/public-purpose/publ...
Language: English
Additional information: This version is the version of record. For information on re-use, please refer to the publisher’s terms and conditions.
UCL classification: UCL
UCL > Provost and Vice Provost Offices > UCL BEAMS
UCL > Provost and Vice Provost Offices > UCL BEAMS > Faculty of the Built Environment
UCL > Provost and Vice Provost Offices > UCL BEAMS > Faculty of the Built Environment > Bartlett School Env, Energy and Resources
UCL > Provost and Vice Provost Offices > UCL BEAMS > Faculty of the Built Environment > Inst for Innovation and Public Purpose
URI: https://discovery.ucl.ac.uk/id/eprint/10195922
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