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.
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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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