scholarly journals 6. In Search of a Strategy for Public Investment in Research and Innovation

Author(s):  
Daniela Palma ◽  
Alberto Silvani ◽  
Alessandra Maria Stilo

Chapter 6, by Daniela Palma, Alberto Silvani and Alessandra Maria Stilo, analyses the role of research and innovation as key drivers of economic growth, and as an object of renewed concern in the European policy agenda. In this regard, however, special attention has been paid to the role played by public funding with respect to the now more than ever complex evolution of technological innovation and the need for the productive structure to be supported to continuously capture the potential of new technologies. Starting from a well-established ground of most recent analyses carried out on main R&D indicators by major institutional organizations, the authors present a work aimed at bringing out the nature of “system infrastructure” of European research activity, calling for the need to assess to what extent the resources dedicated to R&D and the relative spending modes are able to turn into an effective development lever, starting from the structural characteristics of the entire research and innovation system. They claim that, in order to overcome the existing differential between EU countries in research and innovation performances, rebalancing public funding, while orienting intervention towards common initiatives, is not enough. The implementation of a new course of public investment research policies should instead envisage a renewed orientation of the strategies consistent with the new course of missions/objectives formulated at the European level and, at the same time, point to a coordination with policies aimed at increasing the innovative potential of the economic system, in relation to the characteristics of the productive specialization of each country.

Author(s):  
Liala Baiardi ◽  
Emerson A. M. Ferreira

In a scenario influenced by innovation and new technologies such as the internet of things (IoT) that have projected us towards industry 4.0, the digital revolution has involved the construction sector and the entire building process. This research activity aims to deepen the tools at the base of the design and management processes to an effective development and respect for the environment. The text will illustrate the example of redevelopment of an existing building in response to new market needs and in line with the circular economy vision. The redevelopment foresees the integrated development of the architectural building project and the management of the building during his entire life cycle. The innovation authors intend to achieve aims to combine building automation with the quality of life through management techniques that exploit the best use of space and control of the eco-system of the building and the services provided.


Author(s):  
Alejandro Nin-Pratt

This chapter discusses the economic impact of science-based research in agriculture. Global agriculture was transformed in the 20th century by the Green Revolution that resulted from applying Mendelian genetics to crop and animal breeding. Developments of biotechnology in the last 20 years marked the dawn of a gene revolution that is thought to replace Mendelian genetics as the driver of technical change in agriculture. In recent years and still far from reaching the full potential impact of biotechnology in agriculture, developments in nanotechnology promise to further push the research and innovation frontier in agriculture. In this new environment, the private sector emerges as the main actor in agricultural R&D displacing the public sector, which played a central role during the Green Revolution period. However, more public investment in R&D rather than less and new institutions will be needed in developing countries if they are to benefit from the new technologies.


Kybernetes ◽  
2017 ◽  
Vol 46 (8) ◽  
pp. 1425-1451 ◽  
Author(s):  
Franja Pižmoht ◽  
József Györkös ◽  
Dijana Močnik

Purpose This paper aims to explore the digital economy in the fields of the most promising new technologies: information and communication technologies, biotechnology and nanotechnology. It highlights the convergence of nano-, bio-, info- and cognitive (NBIC) technologies by developing a model for the accurate evaluation of different types of options in the development process of convergent technologies. Design/methodology/approach The empirical research is based on theoretical analysis and case studies. The authors conducted six in-depth interviews. The study covered different research projects led by centres of excellence, competence centres and institutions that support the transfer of innovations in the economic and business environment. Findings The research findings prove that there is a convergence of NBIC technologies that can be observed and modelled. The created evolutionary model of NBIC convergence, also based on the theory of real options, allows a proper evaluation of the entire convergence process. Practical implications For enterprises and scientific research institutions, the NBIC model could represent the starting point for developing further concepts of investment evaluation. The model also considers the indicators of the innovation system, which, in addition to the marketing area, include regulatory challenges of companies (competition, copyrights, patents, taxation, etc.). Originality/value This paper enhances the understanding of new technologies in a digital economy. The purpose of this study is to clarify the principal factors for the effective observation and measurement of the convergence phenomenon. It also offers suggestions for improvement of the research and innovation system in the new economy.


2020 ◽  
Vol 12 (3) ◽  
pp. 100-114
Author(s):  
Nuša Erman

Abstract In 2004, the European Commission implemented the Decision No 1608/2003/EC of the European Parliament and of the Council concerning the production and development of Community statistics on innovation. This triggered the awareness of the role of innovation and R&D on national and European level and thus the opportunity to step towards in-depth monitoring innovation performance through various indicators. The paper aims to investigate the trends in the selected innovation indicators (i.e., public funding, expenditures and innovation activities, types of innovation and products introduced, hampered innovation activities) to outline the development direction on the enterprise level using the Community innovation survey data for the 2002–2016 period. Using the basic time series analysis, the paper evaluates the progress according to the European Strategy on research and innovation. Furthermore, using the autocorrelation and autoregression methods, the paper also outlines the future direction in innovation performance on European level.


2016 ◽  
Vol 1 (1) ◽  
Author(s):  
Erik Baark

<p>This paper introduces the importance of the role of universities in emerging economies such as Indonesia and Vietnam, underscoring the need for universities to contribute more extensively to the dynamic development of innovation systems. The theoretical approach is a functional analysis of innovation systems, identifying essential issues that call for recognition among policymakers and in society generally. Innovation systems in Indonesia and Vietnam share some weaknesses, particularly in comparison with innovation systems in more advanced countries. There is limited ability to mobilize the resources required for innovation, as the investment in research and development as percentage of GDP is relatively low and dominated by public funding with little contribution from private sources. Financial regulation for universities seriously hampers the development of university–industry linkages. It is essential that universities gain more autonomy in order to move beyond their current role in training of skilled human resources to providers of innovation.</p>


2021 ◽  
Vol 8 (1) ◽  
pp. 90-97
Author(s):  
T. Kvasha ◽  
◽  
L. Musina ◽  

Given the growing role of technological foresight as a tool for reconciling visions, goals and ways of STI development in an era of rapid technological change and global challenges, the approach to foresight research to select priorities for science and innovation in Ukraine for 2022–2026 has been improved. It takes into account a wide range of national targets for achieving SDGs by 2030. The developed Methodological recommendations provided a thorough analysis of more than 3,000 potentially acceptable technological and innovative proposals. The approach to setting STI priorities is new for Ukraine and involves a consistent process of selecting the top 30 most acceptable proposals in each of the seven thematic areas through five stages of discussions and evaluations. The result was the formation of a database of technology passports and developments on the experts’ proposals, their selection by practitioners, ranking, evaluation in terms of the potential of Ukrainian science and relevance in terms of world science and new technologies using international databases. They are the basis for decisions by the Expert Councils and the High-Level Working Group on key thematic areas and the preparation of a relevant draft government decision. Despite the conditions of quarantine, for the first time more than 2,500 experts from science, business, state and public organizations took part in the discussions, which is the basis for impartial and public decision-making. To strengthen the role of foresight as a tool for public planning and management in the field of STI, it is proposed to develop a STI roadmap as part of a research and innovation strategy for smart specialization (RIS 3) at the national level.


Author(s):  
Neeta Baporikar

As an approach to knowledge development, research and innovation can support achievement of the vision and mission of an academic institution. With new technologies and processes, it is necessary for institutions to think innovatively to ensure continued success stay competitive and to adapt to new changes. Thus, the need for innovation in institutions/organizations has resulted in a new focus on the role of faculty in shaping the nature and success of creative efforts. Without student faculty joint research, institutions are likely to struggle and more important be left behind in the process of exploiting a wonderful opportunity for value co-creation. This new call for research in academia represents the shift from the 20th century, traditional view to the 21st-century view of valuing innovative thinking. The aim of this chapter is simple – to review the student-faculty joint research as a strategy for knowledge co-creation in academia with particular focus on management students.


2021 ◽  
Vol 24 (6) ◽  
pp. 7-14
Author(s):  
Olga Potemkina ◽  

The article presents the EU Commission’s legislative initiative to amend the current Regulation of 2016, which defines powers and functions of the EU Agency for Law Enforcement Cooperation (Europol). The author cites the arguments used by the EU Commission in its decision to expand the functions and powers of the agency: the successful acquisition of new technologies by criminal gangs, the challenges of digital threats for law enforcement and judicial agencies of Member States, which find it difficult at the national level to properly process big data for the investigation of cross-border crimes. The article analyses the main thematic blocks of the new Regulation: enabling Europol to cooperate in the fight against criminal offenses with private parties; empowering the agency to carry out preliminary processing of big and complex databases; strengthening the role of Europol in the field of research and innovation; enabling Europol to enter alerts into the Schengen Information System, etc. The author believes that the expansion of Europol's operational powers brings it one step closer to the «European FB», i.e., an organization of a supranational nature. At the same time, the author cites the arguments of the reform’s opponents, including the political groups of the European Parliament and human rights organisations, which can be divided into two groups: a) under the pretext of ensuring security, the Commission legalises the current practice of Europol, which has gone beyond its current mandate, b) the new functions of the agency for processing a big data pose a threat to the citizens’ rights.


Author(s):  
Maria Luisa Nardi

The notion of the innovation system is connected to the role of leaders and decision makers in the management of the scientific and technological environment. Innovative frameworks of analysis, by approaching science and technology systemically (i.e., in relation to the economy, politics, and society), adapt stress for success. Any research and innovation policy must take account of a complex set of problems. The focus of this work is to analyze the application of tactical strategies in the risk management, looking at the historical ninja training. Their worldview, the “way of the warrior” as an art of war but also as a path of inner knowledge, has also had great importance in artistic production, culture, and the construction of social relations.


2020 ◽  
Vol 22 (3(76)) ◽  
pp. 98-109
Author(s):  
H.O. PATYTSKA

Topicality. The expediency of in-depth study of smart specialization as an approach to stimulating the economy of the regions at the present stage is related to the deepening of cooperation between Ukraine and EU countries within the neighborhood policy and consolidation at the legislative level in Ukraine since 2016 of smart specialization as a regional development. Aim and tasks. The aim of the article is to study the experience of developing and implementing smart specialization strategies in the EU, as well as to develop practical proposals for organizing the process of forming and implementing smart specialization strategies in the domestic realities. Research results. Formed as a concept of expanding public funding in the field of research and innovation, smart specialization has resulted in significant conceptual and economic-political consequences: the allocation of the key role of scientific-technological and economic specialization in the development of territories; determining the role of research and development work to substantiate the areas of current and future comparative advantage; formation of a mechanism for managing the process of implementing the strategy of smart specialization, based on the model "public sector - science - entrepreneurship". Research of foreign experience in the formation and implementation of smart specialization strategies was conducted in the following areas: 1) determining the levels of adoption and implementation of smart specialization strategies in different countries; 2) analysis of sources of financing the implementation of projects in the context of the implementation of strategies at the level of states and regions; 3) taking into account the differentiation of socio-economic development and policy traditions at the national and regional levels in the countries implementing RIS 3. Conclusion. Emphasis is placed on the possibilities of using the formed conclusions in the process of adaptation of smart specialization to Ukrainian conditions. It is established that Ukraine should pay attention to the following aspects on the way to the innovative model of regional development: 1) lack of capable institutional structures at the regional level capable of developing, implementing and financing innovation strategies, which requires involvement of the national level of smart specialization policy. ; 2) the feasibility of forming smart specialization strategies on clearly defined and sufficient sources of funding and an effective mechanism for monitoring and controlling the use of funds; 3) a prerequisite for the formation of a strategy of smart specialization in our country should be a wide range of information and consulting work in the business environment and research circles.


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