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Highlights

NEW: CONCORD 2011 Conference Summary Report The 2011 EU Industrial R&D Investment Scoreboard The 2010 EU Survey on R&D Investment Business Trends Policy brief: "The growth of companies in the EU: the case for a more sophisticated research and innovation policy" 4 new Working papers

The Economics of Industrial Research & Innovation (IRI) is a scientific action carried out within the Institute for Prospective Technological Studies (IPTS), one of the seven scientific institutes of the European Commission's Joint Research Centre (JRC).

Meet the IRI Team >>

What do we do?

The action aims at providing EU policy-makers and the business and academic communities with robust empirical evidence and analysis on the contribution of private-sector R&D to the growth and employment of the European economy.

This should lead to the elaboration of medium and long-term evidence-based policy options to support the development and implementation of the Europe 2020 strategy which considers investment in knowledge and innovation a main driver for achieving a smart, sustainable and inclusive growth.

This fits into one of the seven thematic areas of the new JRC Strategy 2010-2020: "Towards an open and competitive economy".

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How?

The action provides a platform for the long-term collection, monitoring, analysis and reporting of information on private-sector research and innovation activities in the EU, with particular emphasis on the relation between research, innovation and economic performance.

Sources of information include: data from statistical offices (national, Eurostat, OECD, EPO, etc.), companies' annual financial reports, surveys (own survey, access to CIS, and other surveys), experts opinions, published reports and scientific papers, commercial databases (e.g. Compustat).

The research methodologies are based on quantitative economic and financial analyses using statistics, econometrics, modelling, input-output matrices and data panels. We also use qualitative analysis using for example expert-panels.

Main activities

• The EU Industrial R&D Investment Scoreboard, and
  The EU Surveys on R&D Investment Business Trends
• IPTS Working Papers on Corporate R&D and Innovation
• Conference on Corporate R&D (CONCORD)
  

The main activities of the Economics of Industrial Research and Innovation Action are a result of a close co-operation between the Joint Research Centre (JRC) and Research & Innovation (DG-RTD) Directorates-General of the European Commission.